Canadian National Railway Dividends and Buybacks
Dividend criteria checks 5/6
Canadian National Railway is a dividend paying company with a current yield of 2.28% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 9th December, 2024.
Key information
2.3%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 2.8% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 09 Dec 24 |
| Dividend per share | CA$3.380 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Return Trends At Canadian National Railway (TSE:CNR) Aren't Appealing
Dec 22
The Canadian National Railway Company (TSE:CNR) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Oct 26A Look At The Fair Value Of Canadian National Railway Company (TSE:CNR)
Oct 05Canadian National Railway (TSX:CNR) Faces Labor Challenges Despite Strong Q2 Growth and Strategic Opportunities
Sep 17Canadian National Railway Company's (TSE:CNR) Price Is Out Of Tune With Earnings
Sep 04Canadian National Railway Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 25Returns On Capital At Canadian National Railway (TSE:CNR) Have Stalled
Jul 17Pinning Down Canadian National Railway Company's (TSE:CNR) P/E Is Difficult Right Now
May 22Canadian National Railway's (TSE:CNR) Returns Have Hit A Wall
Apr 16Canadian National Railway Company's (TSE:CNR) Intrinsic Value Is Potentially 19% Below Its Share Price
Apr 01With EPS Growth And More, Canadian National Railway (TSE:CNR) Makes An Interesting Case
Feb 21Canadian National Railway (TSE:CNR) Will Pay A Larger Dividend Than Last Year At CA$0.845
Feb 03Canadian National Railway Company Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jan 25Why Investors Shouldn't Be Surprised By Canadian National Railway Company's (TSE:CNR) P/E
Jan 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNR's dividends per share have been stable in the past 10 years.
Growing Dividend: CNR'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 (CNR) | 2.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Transportation) | 1.7% |
| Analyst forecast (CNR) (up to 3 years) | 2.5% |
Notable Dividend: CNR's dividend (2.28%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: CNR's dividend (2.28%) is low compared to the top 25% of dividend payers in the Canadian market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), CNR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), CNR's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 03:33 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Canadian National Railway Company is covered by 55 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| John Eade | Argus Research Company |
| Christopher Murray | ATB Capital Markets |