Canadian National Railway Dividends and Buybacks
Dividend criteria checks 5/6
Canadian National Railway is a dividend paying company with a current yield of 2.17% 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
2.2%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 2.7% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 09 Dec 24 |
| Dividend per share | US$3.380 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Dividends On Track: Why I'm Bullish On Canadian National's Long-Term Potential
Oct 23Canadian National: When The Train Slows Down, It's Time To Seize The Opportunity
Aug 28Canadian National Railway: Strong Fundamentals Amid Short-Term Challenges
Aug 18Off The Rails? Not Quite. Buying Canadian National On Weakness
Jul 24Canadian National Railway: My Top Railroad For Dividend Growth Investors
Jul 14Canadian National: Easing Comps, Growth Initiatives And Reasonable Valuation
Jul 02Canadian National: Where Dividend Investors Go For Income And Growth
Apr 29Canadian National Railway: Dividend Increases, Transformation, And M&A Imply Undervaluation
Mar 14Canadian National Is My Top Pick Among Class 1 Railroads
Mar 02Canadian National Railway: A Bright Future Ahead
Jan 24Canadian National Railway: Better To Wait For The Next Train
Dec 19Why Canadian National Railway Is The Only Railroad Able To Increase Buybacks
Nov 27Canadian National Has Entered Buy Zone: Navigating Challenges, Embracing Opportunity
Oct 25Canadian National Railway: Why I've Been Buying This Wide Moat Compounder
Oct 13Riding Canadian National Railway
Sep 08Canadian National Railway: Faces Short-Term Challenges But Long-Term Growth Intact
Aug 08Canadian National: Despite Challenges, This Stock Is A Buy On Weakness
Jul 26Boarding Canadian National Railway
Jul 06Canadian National: Riding The Rails Of Profit
May 28Canadian National Railway Non-GAAP EPS of C$2.10 beats by C$0.02, revenue of C$4.54B beats by C$60M
Jan 24CN ratifies new agreement for rail traffic controllers in Canada
Jan 03Buying High-Quality Dividends With Canadian National
Nov 10Canadian National Railway GAAP EPS of C$2.13 beats by C$0.12, revenue of C$4.51B beats by C$190M
Oct 25Canadian National Railway: A Quality Dividend Stock At A Historically Attractive Price
Oct 05CN proposes $1.5B debt offering
Aug 03Canadian National Railway Non-GAAP EPS of C$1.93 beats by C$0.17, revenue of C$4.34B beats by C$250M
Jul 26Canadian National announces investments in Mississippi, Minnesota
Jun 29Canadian National: A Conservative Dividend Growth Gem
Jun 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNI's dividends per share have been stable in the past 10 years.
Growing Dividend: CNI'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 (CNI) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Transportation) | 1.7% |
| Analyst forecast (CNI) (up to 3 years) | 2.4% |
Notable Dividend: CNI's dividend (2.17%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CNI's dividend (2.17%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), CNI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), CNI's dividend payments are covered by cash flows.