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.
Key information
2.3%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.446 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
I Bought More Canadian National As 2024 Closes
Dec 30Canadian National Railway: Total Yield And Valuation Make It A Buy For 2025
Dec 20Dividends 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 16Stability 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) | 2.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Transportation) | 1.8% |
| Analyst forecast (CNI) (up to 3 years) | 2.7% |
Notable Dividend: CNI's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CNI's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (4.5%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 03:23 |
| End of Day Share Price | 2025/01/03 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 |
| |
| Management | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |