Dividend Payout Ratio: 47.43%
Is the dividend payout ratio high or low?
The dividend payout ratio of 47.43% is 14% above its 5-year average of 41.55%, near the high end of its 5-year range (29.55%–49.30%).
As of Sunday, June 28, 2026. 0.88% below its 12-month average of 47.85%.
Dividend Payout Ratio (47.43%) = TTM Dividends/Share ($2.61) / TTM EPS ($5.51)
CNI Dividend Payout Ratio (TTM) Chart
CNI Average Dividend Payout Ratio Chart
CNI Current vs Average Dividend Payout Ratio Chart
CNI Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
47.43%
DIVIDEND PAYOUT RATIO AVG TTM
47.85%
DIVIDEND PAYOUT RATIO AVG 3Y
43.17%
DIVIDEND PAYOUT RATIO AVG 5Y
41.55%
DIVIDEND PAYOUT RATIO AVG 10Y
37.63%
DIVIDEND PAYOUT RATIO AVG 15Y
31.34%
DIVIDEND PAYOUT RATIO AVG 20Y
27.48%
CURRENT VS TTM AVG
-0.88%
CURRENT VS 3Y AVG
+9.86%
CURRENT VS 5Y AVG
+14.15%
CURRENT VS 10Y AVG
+26.05%
CURRENT VS 15Y AVG
+51.35%
CURRENT VS 20Y AVG
+72.60%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $5.51 | $2.55 | 46.2% |
| 2024 | $4.88 | $2.46 | 50.5% |
| 2023 | $6.44 | $2.32 | 36.1% |
| 2022 | $7.39 | $2.25 | 30.4% |
| 2021 | $6.97 | $1.96 | 28.2% |
| 2020 | $3.93 | $1.73 | 44.1% |
| 2019 | $4.50 | $1.62 | 36.0% |
| 2018 | $4.32 | $1.39 | 32.2% |
| 2017 | $5.78 | $1.27 | 22.0% |
| 2016 | $3.49 | $1.15 | 32.9% |
| 2015 | $3.19 | $0.97 | 30.3% |
| 2014 | $3.32 | $0.90 | 27.1% |
| 2013 | $2.92 | $0.82 | 28.3% |
| 2012 | $6.28 | $0.75 | 11.9% |
| 2011 | $5.41 | $0.66 | 12.2% |
| 2010 | $4.57 | $0.52 | 11.4% |
| 2009 | $1.88 | $0.51 | 26.9% |
| 2008 | $1.64 | $0.46 | 28.1% |
| 2007 | $4.29 | $0.42 | 9.8% |
| 2006 | $1.71 | $0.33 | 19.0% |
| 2005 | $1.21 | $0.25 | 20.6% |
| 2004 | $0.91 | $0.20 | 21.3% |
| 2003 | $0.69 | $0.17 | 24.3% |
| 2002 | $0.43 | $0.14 | 33.1% |
| 2001 | $0.57 | $0.13 | 23.0% |
| 2000 | $0.53 | $0.12 | 21.9% |
| 1999 | $0.44 | $0.10 | 22.6% |
| 1998 | $0.16 | $0.09 | 56.3% |
| 1997 | $0.64 | $0.08 | 11.9% |
| 1996 | $0.61 | $0.07 | 10.9% |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Canadian National Railway Company (CNI)?
- The dividend payout ratio for CNI stock is 47.43%.
- Is Canadian National Railway Company's dividend payout ratio high or low?
- The dividend payout ratio of 47.43% is 14% above its 5-year average of 41.55%, near the high end of its 5-year range (29.55%–49.30%).
- What is the TTM average dividend payout ratio for Canadian National Railway Company (CNI)?
- The TTM average dividend payout ratio for CNI stock is 47.85%.
- What is the 3Y average dividend payout ratio for Canadian National Railway Company (CNI)?
- The 3Y average dividend payout ratio for CNI stock is 43.17%.
- What is the 5Y average dividend payout ratio for Canadian National Railway Company (CNI)?
- The 5Y average dividend payout ratio for CNI stock is 41.55%.
- What is the 10Y average dividend payout ratio for Canadian National Railway Company (CNI)?
- The 10Y average dividend payout ratio for CNI stock is 37.63%.
- What is the 15Y average dividend payout ratio for Canadian National Railway Company (CNI)?
- The 15Y average dividend payout ratio for CNI stock is 31.34%.
- What is the 20Y average dividend payout ratio for Canadian National Railway Company (CNI)?
- The 20Y average dividend payout ratio for CNI stock is 27.48%.
CNI Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-26 | 47.43% |
| 2026-06-24 | 47.44% |
| 2026-06-22 | 47.42% |
| 2026-06-17 | 47.43% |
| 2026-06-15 | 47.43% |
| 2026-06-11 | 47.42% |
| 2026-06-09 | 47.42% |
| 2026-06-05 | 47.32% |
| 2026-06-03 | 47.32% |
| 2026-06-01 | 47.31% |
| 2026-05-28 | 47.31% |
| 2026-05-26 | 47.30% |
| 2026-05-21 | 47.31% |
| 2026-05-19 | 47.30% |
| 2026-05-15 | 47.32% |
| 2026-05-13 | 47.31% |
| 2026-05-11 | 47.31% |
| 2026-05-07 | 47.32% |
| 2026-05-05 | 47.31% |
| 2026-05-01 | 47.31% |
| 2026-04-29 | 47.32% |
| 2026-04-27 | 47.90% |
| 2026-04-23 | 47.89% |
| 2026-04-21 | 47.89% |
| 2026-04-17 | 47.89% |
| 2026-04-15 | 47.90% |
| 2026-04-13 | 47.89% |
| 2026-04-09 | 47.88% |
| 2026-04-07 | 47.88% |
| 2026-04-02 | 47.89% |
| 2026-03-31 | 47.89% |
| 2026-03-27 | 47.88% |
| 2026-03-25 | 47.90% |
| 2026-03-23 | 47.90% |
| 2026-03-19 | 47.88% |
| 2026-03-17 | 47.87% |
| 2026-03-13 | 47.88% |
| 2026-03-11 | 47.89% |
| 2026-03-09 | 46.79% |
| 2026-03-05 | 46.80% |
| 2026-03-03 | 46.79% |
| 2026-02-27 | 46.80% |
| 2026-02-25 | 46.80% |
| 2026-02-23 | 46.79% |
| 2026-02-19 | 46.79% |
| 2026-02-17 | 46.80% |
| 2026-02-12 | 46.79% |
| 2026-02-10 | 46.78% |
| 2026-02-06 | 46.79% |
| 2026-02-04 | 46.80% |
| 2026-02-02 | 48.64% |
| 2026-01-29 | 48.64% |
| 2026-01-27 | 48.62% |
| 2026-01-23 | 48.62% |
| 2026-01-21 | 48.62% |
| 2026-01-16 | 48.63% |
| 2026-01-14 | 48.62% |
| 2026-01-12 | 48.63% |
| 2026-01-08 | 48.63% |
| 2026-01-06 | 48.64% |
| 2026-01-02 | 48.64% |
| 2025-12-30 | 48.63% |
| 2025-12-26 | 48.63% |
| 2025-12-23 | 48.62% |
| 2025-12-19 | 48.64% |
| 2025-12-17 | 48.63% |
| 2025-12-15 | 48.64% |
| 2025-12-11 | 48.63% |
| 2025-12-09 | 48.65% |
| 2025-12-05 | 47.83% |
| 2025-12-03 | 47.83% |
| 2025-12-01 | 47.83% |
| 2025-11-26 | 47.84% |
| 2025-11-24 | 47.84% |
| 2025-11-20 | 47.84% |
| 2025-11-18 | 47.83% |
| 2025-11-14 | 47.84% |
| 2025-11-12 | 47.84% |
| 2025-11-10 | 47.82% |
| 2025-11-06 | 47.83% |
| 2025-11-04 | 47.83% |
| 2025-10-31 | 47.83% |
| 2025-10-29 | 48.24% |
| 2025-10-27 | 48.22% |
| 2025-10-23 | 48.22% |
| 2025-10-21 | 48.24% |
| 2025-10-17 | 48.23% |
| 2025-10-15 | 48.23% |
| 2025-10-13 | 48.21% |
| 2025-10-09 | 48.23% |
| 2025-10-07 | 48.23% |
| 2025-10-03 | 48.22% |
| 2025-10-01 | 48.22% |
| 2025-09-29 | 48.24% |
| 2025-09-25 | 48.24% |
| 2025-09-23 | 48.22% |
| 2025-09-19 | 48.22% |
| 2025-09-17 | 48.22% |
| 2025-09-15 | 48.22% |
| 2025-09-11 | 48.22% |
| 2025-09-09 | 48.23% |
| 2025-09-05 | 47.86% |
| 2025-09-03 | 47.85% |
| 2025-08-29 | 47.85% |
| 2025-08-27 | 47.85% |
| 2025-08-25 | 47.84% |
| 2025-08-21 | 47.85% |
| 2025-08-19 | 47.84% |
| 2025-08-15 | 47.86% |
| 2025-08-13 | 47.84% |
| 2025-08-11 | 47.85% |
| 2025-08-07 | 47.84% |
| 2025-08-05 | 47.86% |
| 2025-08-01 | 47.86% |
| 2025-07-30 | 47.85% |
| 2025-07-28 | 47.85% |
| 2025-07-24 | 47.85% |
| 2025-07-22 | 47.85% |
| 2025-07-18 | 47.84% |
| 2025-07-16 | 47.84% |
| 2025-07-14 | 47.86% |
| 2025-07-10 | 47.85% |
| 2025-07-08 | 47.84% |
| 2025-07-03 | 47.84% |
| 2025-07-01 | 47.85% |
| 2025-06-27 | 48.73% |
| 2025-06-25 | 48.72% |
| 2025-06-23 | 48.73% |
| 2025-06-18 | 48.74% |
| 2025-06-16 | 48.73% |
| 2025-06-12 | 48.72% |
| 2025-06-10 | 48.72% |
| 2025-06-06 | 48.13% |
| 2025-06-04 | 48.13% |
| 2025-06-02 | 48.12% |
| 2025-05-29 | 48.12% |
| 2025-05-27 | 48.13% |
| 2025-05-22 | 48.12% |
| 2025-05-20 | 48.11% |
| 2025-05-16 | 48.11% |
| 2025-05-14 | 48.13% |
| 2025-05-12 | 48.11% |
| 2025-05-08 | 48.11% |
| 2025-05-06 | 48.13% |
| 2025-05-02 | 48.13% |
| 2025-04-30 | 48.12% |
| 2025-04-28 | 48.12% |
| 2025-04-24 | 48.13% |
| 2025-04-22 | 48.12% |
| 2025-04-17 | 48.12% |
| 2025-04-15 | 48.12% |
| 2025-04-11 | 48.13% |
| 2025-04-09 | 48.11% |
| 2025-04-07 | 48.11% |
| 2025-04-03 | 48.12% |
| 2025-04-01 | 48.12% |
| 2025-03-28 | 48.24% |
| 2025-03-26 | 48.25% |
| 2025-03-24 | 48.25% |
| 2025-03-20 | 48.25% |
| 2025-03-18 | 48.25% |
| 2025-03-14 | 48.24% |
| 2025-03-12 | 48.24% |
| 2025-03-10 | 48.25% |
| 2025-03-06 | 36.17% |
| 2025-03-04 | 48.39% |
| 2025-02-28 | 48.38% |
| 2025-02-26 | 48.39% |
| 2025-02-24 | 48.39% |
| 2025-02-20 | 48.39% |
| 2025-02-18 | 48.38% |
| 2025-02-13 | 48.39% |
| 2025-02-11 | 48.39% |
| 2025-02-07 | 48.40% |
| 2025-02-05 | 48.39% |
| 2025-02-03 | 39.05% |
| 2025-01-30 | 39.03% |
| 2025-01-28 | 39.04% |
| 2025-01-24 | 39.05% |
| 2025-01-22 | 39.04% |
| 2025-01-17 | 39.04% |
| 2025-01-15 | 39.05% |
| 2025-01-13 | 39.04% |
| 2025-01-08 | 39.04% |
| 2025-01-06 | 39.04% |
| 2025-01-02 | 39.03% |
| 2024-12-30 | 39.04% |
| 2024-12-26 | 39.04% |
| 2024-12-23 | 39.04% |
| 2024-12-19 | 39.05% |
| 2024-12-17 | 39.05% |
| 2024-12-13 | 39.05% |
| 2024-12-11 | 39.04% |
| 2024-12-09 | 39.04% |
| 2024-12-05 | 29.55% |
| 2024-12-03 | 38.75% |
| 2024-11-29 | 38.75% |
| 2024-11-26 | 38.76% |
| 2024-11-22 | 38.75% |
| 2024-11-20 | 38.75% |
| 2024-11-18 | 38.75% |
| 2024-11-14 | 38.75% |
| 2024-11-12 | 38.75% |
| 2024-11-08 | 38.75% |
| 2024-11-06 | 38.75% |
| 2024-11-04 | 38.76% |
| 2024-10-31 | 38.77% |
| 2024-10-29 | 38.76% |
| 2024-10-25 | 38.76% |
| 2024-10-23 | 38.76% |
| 2024-10-21 | 38.75% |
| 2024-10-17 | 38.76% |
| 2024-10-15 | 38.75% |
| 2024-10-11 | 38.76% |
| 2024-10-09 | 38.76% |
| 2024-10-07 | 38.75% |
| 2024-10-03 | 38.75% |
| 2024-10-01 | 38.75% |
| 2024-09-27 | 38.94% |
| 2024-09-25 | 38.92% |
| 2024-09-23 | 38.92% |
| 2024-09-19 | 38.93% |
| 2024-09-17 | 38.93% |
| 2024-09-13 | 38.93% |
| 2024-09-11 | 38.93% |
| 2024-09-09 | 38.93% |
| 2024-09-05 | 38.22% |
| 2024-09-03 | 38.22% |
| 2024-08-29 | 38.23% |
| 2024-08-27 | 38.22% |
| 2024-08-23 | 38.21% |
| 2024-08-21 | 38.23% |
| 2024-08-19 | 38.21% |
| 2024-08-15 | 38.22% |
| 2024-08-13 | 38.23% |
| 2024-08-09 | 38.22% |
| 2024-08-07 | 37.93% |
| 2024-08-05 | 37.93% |
| 2024-08-01 | 37.93% |
| 2024-07-30 | 37.94% |
| 2024-07-26 | 37.94% |
| 2024-07-24 | 37.95% |
| 2024-07-22 | 37.94% |
| 2024-07-18 | 37.93% |
| 2024-07-16 | 37.94% |
| 2024-07-12 | 37.93% |
| 2024-07-10 | 37.93% |
| 2024-07-08 | 37.94% |
| 2024-07-03 | 37.94% |
| 2024-07-01 | 37.94% |
| 2024-06-27 | 37.93% |
| 2024-06-25 | 37.93% |
| 2024-06-21 | 37.94% |
| 2024-06-18 | 37.93% |
| 2024-06-14 | 37.94% |
| 2024-06-12 | 37.94% |
| 2024-06-10 | 37.93% |
| 2024-06-06 | 37.53% |
| 2024-06-04 | 37.52% |
| 2024-05-31 | 37.53% |
Showing the most recent 260 of 2,516 data points. The chart above shows the full history.
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.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- Tracy A. Robinson