Canadian National Railway Dividend
Dividend criteria checks 5/6
Canadian National Railway is a dividend paying company with a current yield of 2.1% that is well covered by earnings. Next payment date is on 30 Jun 2023 with an ex-dividend date of 08 Jun 2023.
Key information
2.1%
Dividend yield
37%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 30 Jun 23 |
| Ex dividend date | 08 Jun 23 |
| Dividend per share | CA$3.16 |
| Earnings per share | CA$8.15 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Canadian National Railway's (TSE:CNR) Shareholders Will Receive A Bigger Dividend Than Last Year
May 11
Canadian National Railway (TSE:CNR) Is Paying Out A Larger Dividend Than Last Year
Apr 27Canadian National Railway's (TSE:CNR) Returns Have Hit A Wall
Apr 05Canadian National Railway (TSE:CNR) Is Increasing Its Dividend To CA$0.79
Feb 10Recent updates
Canadian National Railway (TSE:CNR) Ticks All The Boxes When It Comes To Earnings Growth
May 25Canadian National Railway's (TSE:CNR) Shareholders Will Receive A Bigger Dividend Than Last Year
May 11Canadian National Railway (TSE:CNR) Is Paying Out A Larger Dividend Than Last Year
Apr 27Canadian National Railway's (TSE:CNR) Returns Have Hit A Wall
Apr 05Canadian National Railway (TSE:CNR) Is Increasing Its Dividend To CA$0.79
Feb 10Here's Why Canadian National Railway (TSE:CNR) Has Caught The Eye Of Investors
Jan 27Canadian National Railway (TSE:CNR) Has Announced That It Will Be Increasing Its Dividend To CA$0.79
Jan 27Estimating The Intrinsic Value Of Canadian National Railway Company (TSE:CNR)
Jan 13Canadian National Railway (TSE:CNR) Has More To Do To Multiply In Value Going Forward
Oct 25Calculating The Fair Value Of Canadian National Railway Company (TSE:CNR)
Oct 12Does Canadian National Railway (TSE:CNR) Deserve A Spot On Your Watchlist?
Aug 22Returns At Canadian National Railway (TSE:CNR) Appear To Be Weighed Down
Jul 24Estimating The Intrinsic Value Of Canadian National Railway Company (TSE:CNR)
Jul 10With EPS Growth And More, Canadian National Railway (TSE:CNR) Is Interesting
May 17Canadian National Railway (TSE:CNR) Has More To Do To Multiply In Value Going Forward
Apr 25Estimating The Fair Value Of Canadian National Railway Company (TSE:CNR)
Apr 10Canadian National Railway's (TSE:CNR) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 30Returns At Canadian National Railway (TSE:CNR) Appear To Be Weighed Down
Jan 16Canadian National Railway (TSE:CNR) Has A Pretty Healthy Balance Sheet
Dec 16Canadian National Railway's (TSE:CNR) Promising Earnings May Rest On Soft Foundations
Oct 26A Look At The Intrinsic Value Of Canadian National Railway Company (TSE:CNR)
Aug 16Canadian National Railway (TSE:CNR) Hasn't Managed To Accelerate Its Returns
Jul 13A Look At The Intrinsic Value Of Canadian National Railway Company (TSE:CNR)
May 06Shareholders Will Probably Not Have Any Issues With Canadian National Railway Company's (TSE:CNR) CEO Compensation
Apr 21Canadian National Railway's (TSE:CNR) Returns Have Hit A Wall
Mar 30How Does Canadian National Railway Company (TSE:CNR) Fare As A Dividend Stock?
Mar 17Here's What We Like About Canadian National Railway's (TSE:CNR) Upcoming Dividend
Mar 04Investors Who Bought Canadian National Railway (TSE:CNR) Shares Five Years Ago Are Now Up 78%
Mar 02Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2025 | 3.56 | 2.3% |
| 12/31/2024 | 3.36 | 2.2% |
| 12/31/2023 | 3.14 | 2.1% |
| 5/31/2023 | 3.16 | 2.1% |
| 4/24/2023 | 3.16 | 2% |
| 1/26/2023 | 3.16 | 2% |
| 10/27/2022 | 2.93 | 1.8% |
| 7/28/2022 | 2.93 | 1.9% |
| 7/26/2022 | 2.93 | 1.9% |
| 1/25/2022 | 2.93 | 1.9% |
| 10/21/2021 | 2.46 | 1.5% |
| 7/20/2021 | 2.46 | 1.7% |
| 4/26/2021 | 2.46 | 1.9% |
| 1/26/2021 | 2.46 | 1.7% |
| 10/20/2020 | 2.3 | 1.6% |
| 7/21/2020 | 2.3 | 1.7% |
| 4/27/2020 | 2.3 | 1.9% |
| 1/28/2020 | 2.3 | 2% |
| 10/22/2019 | 2.15 | 1.8% |
| 7/23/2019 | 2.15 | 1.8% |
| 4/29/2019 | 2.15 | 1.8% |
| 1/29/2019 | 2.15 | 1.8% |
| 10/23/2018 | 1.82 | 1.7% |
| 7/24/2018 | 1.82 | 1.6% |
| 4/23/2018 | 1.82 | 1.7% |
| 1/23/2018 | 1.82 | 1.9% |
| 10/24/2017 | 1.65 | 1.6% |
| 7/25/2017 | 1.65 | 1.6% |
| 4/24/2017 | 1.65 | 1.6% |
| 1/24/2017 | 1.65 | 1.7% |
| 10/25/2016 | 1.5 | 1.7% |
| 7/25/2016 | 1.5 | 1.8% |
| 4/25/2016 | 1.5 | 1.9% |
| 1/26/2016 | 1.5 | 1.9% |
| 10/27/2015 | 1.25 | 1.6% |
| 7/20/2015 | 1.25 | 1.6% |
| 4/20/2015 | 1.25 | 1.7% |
| 1/27/2015 | 1.25 | 1.5% |
| 10/21/2014 | 1 | 1.3% |
| 7/21/2014 | 1 | 1.3% |
| 4/22/2014 | 1 | 1.5% |
| 1/30/2014 | 1 | 1.6% |
| 10/22/2013 | 0.86 | 1.5% |
| 7/22/2013 | 0.86 | 1.7% |
| 4/22/2013 | 0.86 | 1.7% |
| 1/22/2013 | 0.86 | 1.7% |
| 10/22/2012 | 0.75 | 1.7% |
| 7/25/2012 | 0.75 | 1.7% |
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) | 2.1% |
| Market Bottom 25% (CA) | 2.0% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Transportation) | 1.8% |
| Analyst forecast in 3 Years (CNR) | 2.3% |
Notable Dividend: CNR's dividend (2.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.95%).
High Dividend: CNR's dividend (2.06%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), CNR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.7%), CNR's dividend payments are well covered by cash flows.