Canadian National Railway Dividends and Buybacks
Dividend criteria checks 5/6
Canadian National Railway is a dividend paying company with a current yield of 2.66% that is well covered by earnings. Next payment date is on 30th December, 2025 with an ex-dividend date of 9th December, 2025.
Key information
2.7%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 10.6% |
| Next dividend pay date | 30 Dec 25 |
| Ex dividend date | 09 Dec 25 |
| Dividend per share | n/a |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Analysts Are Updating Their Canadian National Railway Company (TSE:CNR) Estimates After Its Third-Quarter Results
Nov 03
The Indispensable Artery for a New North American Economy
Core Thesis: Canadian National Railway (CN) is a wide-moat, irreplicable infrastructure asset whose recent cyclical underperformance has created an attractive entry point. I believe the market is underappreciating a powerful, long-term secular tailwind: the reshoring and nearshoring of critical manufacturing and supply chains to North America.Canadian National Railway (TSE:CNR) Has A Pretty Healthy Balance Sheet
Jul 12A Look At The Fair Value Of Canadian National Railway Company (TSE:CNR)
Jun 13Canadian National Railway (TSE:CNR) Hasn't Managed To Accelerate Its Returns
May 29Getting In Cheap On Canadian National Railway Company (TSE:CNR) Is Unlikely
May 01Should You Think About Buying Canadian National Railway Company (TSE:CNR) Now?
Apr 04Is Canadian National Railway (TSE:CNR) Using Too Much Debt?
Mar 21Estimating The Intrinsic Value Of Canadian National Railway Company (TSE:CNR)
Feb 19Canadian National Railway (TSE:CNR) Is Paying Out A Larger Dividend Than Last Year
Feb 04Canadian National Railway Company's (TSE:CNR) Popularity With Investors Is Under Threat From Overpricing
Jan 09Return Trends At Canadian National Railway (TSE:CNR) Aren't Appealing
Dec 22
Optimizing Rail Operations And Decisive Growth Initiatives Drive Robust Future Earnings
Improved operational efficiency through better resource management and scheduling enhances capacity and potentially boosts earnings.Upcoming Dividend Payment
Stability 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) | 2.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.0% |
| Industry Average (Transportation) | 1.9% |
| Analyst forecast (CNR) (up to 3 years) | 2.9% |
Notable Dividend: CNR's dividend (2.66%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: CNR's dividend (2.66%) is low compared to the top 25% of dividend payers in the Canadian market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), CNR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), 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 | 2025/11/06 08:12 |
| End of Day Share Price | 2025/11/06 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Canadian National Railway Company is covered by 47 analysts. 25 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 |