Canadian National Railway Dividends and Buybacks
Dividend criteria checks 4/6
Canadian National Railway is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R$13.919 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNIC34's dividends per share have been stable in the past 10 years.
Growing Dividend: CNIC34'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 (CNIC34) | 2.2% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Transportation) | 2.7% |
| Analyst forecast (CNIC34) (up to 3 years) | 2.4% |
Notable Dividend: CNIC34's dividend (2.17%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: CNIC34's dividend (2.17%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), CNIC34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), CNIC34's dividend payments are covered by cash flows.