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CNICanadian National Railway Company

Dividends

Dividend payments are $2.61 per share, with a current dividend yield of 2.17%. The company has dividend history for 29 consecutive years.

CNI Dividend Summary

Consecutive Years

29

Most Recent Ex-Date

Jun 9, 2026

Next Payment Date

Jun 30, 2026

CNI Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

CNI Dividends CAGR Chart

Canadian National Railway Company (CNI)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.33
2025$2.55+3.47%
2024$2.46+5.92%
2023$2.32+3.27%
2022$2.25+14.55%
2021$1.96+13.40%
2020$1.73+6.95%
2019$1.62+16.47%
2018$1.39+9.20%
2017$1.27+10.99%
2016$1.15+18.65%
2015$0.97+7.65%
2014$0.90+9.07%
2013$0.82+10.13%
2012$0.75+13.51%
2011$0.66+26.13%
2010$0.52+3.45%
2009$0.51+9.90%
2008$0.46+9.40%
2007$0.42+29.23%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.66+1.02%
Q1 2026$0.67+9.69%
Q4 2025$0.64+7.01%
Q3 2025$0.64+3.15%
Q2 2025$0.65+5.00%
Q1 2025$0.61-1.13%
Q4 2024$0.60+3.08%
Q3 2024$0.62+7.62%
Q2 2024$0.62+4.36%
Q1 2024$0.62+8.71%
Q4 2023$0.58+7.69%
Q3 2023$0.58+3.67%
Q2 2023$0.59+2.21%
Q1 2023$0.57-0.20%
Q4 2022$0.54+11.37%
Q3 2022$0.56+15.11%
Q2 2022$0.58+13.94%
Q1 2022$0.57+17.81%
Q4 2021$0.48+7.82%
Q3 2021$0.49+11.15%
Q2 2021$0.51+18.80%
Q1 2021$0.49+16.22%
Q4 2020$0.45+10.59%
Q3 2020$0.44+6.83%

Dividend Yield Metrics

Current Yield
2.17%
Average Yield (TTM)
2.17%
Average Yield (3Y)
2.03%
Forward Yield on Cost (3Y)
2.82%
Forward Yield on Cost (5Y)
3.35%
Forward Yield on Cost (10Y)
5.17%

Payout Ratio Analysis

Payout Ratio (Current)
47.43%
FCF Payout Ratio
63.03%
Payout Ratio (3Y Avg)
44.26%
Payout Ratio (5Y Avg)
38.29%
FCF Payout (3Y Avg)
63.07%
FCF Payout (5Y Avg)
57.20%

Dividend Coverage

Payout Ratio
47.4%
Dividends / net income
FCF Payout Ratio
63.0%
Dividends / free cash flow
Consecutive Years
29 years
Years with regular dividend payments
5Y Dividend Growth
8.0%
Compound annual dividend growth

About Canadian National Railway Company

Canadian National Railway Company (CNI), together with its subsidiary operations, functions as a key player in the railway and related logistics industry. The firm handles a wide array of freight, including petroleum products and chemicals, agricultural commodities such as grain and fertilizers, various minerals like coal and metals, timber and paper goods, intermodal containers, and finished automobiles. Its services cater to a broad base of clients, from international exporters and importers to retail chains, agricultural growers, and industrial manufacturers. CNI boasts a substantial rail infrastructure, with approximately 19,500 miles of track extending across both Canada and the United States. Additionally, the company provides diverse ancillary services, encompassing marine terminal management (vessels and docks), cargo transshipment and distribution, specialized automotive supply chain solutions, and comprehensive freight management and forwarding. Founded in 1919, Canadian National Railway Company is based in Montreal, Canada.

Montreal, QC
24,911 employees
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Tracy A. Robinson