Canadian National Railway Dividend
Dividend criteria checks 4/6
Canadian National Railway is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
37%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$8.78 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNI N's dividends per share have been stable in the past 10 years.
Growing Dividend: CNI N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian National Railway Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CNI N) | 1.9% |
Market Bottom 25% (MX) | 2.0% |
Market Top 25% (MX) | 6.2% |
Industry Average (Transportation) | 3.1% |
Analyst forecast in 3 Years (CNI N) | 2.2% |
Notable Dividend: CNI N's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.04%).
High Dividend: CNI N's dividend (1.91%) is low compared to the top 25% of dividend payers in the MX market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), CNI N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), CNI N's dividend payments are covered by cash flows.