Canadian National Railway Dividends and Buybacks
Dividend criteria checks 5/6
Canadian National Railway is a dividend paying company with a current yield of 2.12% that is well covered by earnings.
Key information
2.1%
Dividend yield
4.4%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.255 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CY2's dividends per share have been stable in the past 10 years.
Growing Dividend: CY2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canadian National Railway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CY2) | 2.1% |
| Market Bottom 25% (BG) | 1.6% |
| Market Top 25% (BG) | 4.9% |
| Industry Average (Transportation) | 4.6% |
| Analyst forecast (CY2) (up to 3 years) | 2.4% |
Notable Dividend: CY2's dividend (2.12%) is higher than the bottom 25% of dividend payers in the BG market (1.25%).
High Dividend: CY2's dividend (2.12%) is low compared to the top 25% of dividend payers in the BG market (5.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), CY2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.5%), CY2's dividend payments are covered by cash flows.