Canadian National Railway (TSE:CNR) Announces Quarterly Dividend of $0.89

Key Points

• Canadian National Railway declared a quarterly dividend of $0.89, set to be paid to shareholders on September 29th, with an annual yield of 2.7%.
• The company's stock opened at C$133.76, with a 52-week range from C$126.91 to C$164.53, and a market cap of C$83.49 billion.
• Recent insider transactions include purchases totaling approximately $1.28 million by directors, suggesting confidence in the company's stock performance.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI declared a quarterly dividend on Monday, September 8th, TickerTech Dividends reports. Stockholders of record on Monday, September 29th will be given a dividend of 0.8875 per share on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, September 8th.

Canadian National Railway Trading Up 1.4%

TSE:CNR traded up C$1.76 during mid-day trading on Thursday, hitting C$129.91. The company had a trading volume of 2,966,320 shares, compared to its average volume of 1,476,204. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64. Canadian National Railway has a fifty-two week low of C$126.11 and a fifty-two week high of C$164.53. The firm has a market cap of C$81.09 billion, a P/E ratio of 17.92, a P/E/G ratio of 3.38 and a beta of 0.93. The business's fifty day moving average is C$133.61 and its two-hundred day moving average is C$138.48.

About Canadian National Railway

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).