Is Canadian National Railway Company a good dividend stock?

Canadian National Railway Company (CNI) is a dividend-paying stock with a current dividend yield of 2.03%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is CNI's dividend yield?

The dividend yield for CNI stock is currently 2.03%.

How much does CNI pay in dividends per year?

Canadian National Railway Company pays an annual dividend of $2.6135 per share over the trailing twelve months.

How often does CNI pay dividends?

CNI stock pays dividends quarterly.

Is CNI's dividend growing?

Canadian National Railway Company's 3-year dividend CAGR is 4.77%.

CNI Stock Price, Chart, Stats & News

Canadian National Railway Company

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Overview Dividend safety Dividends Fundamentals

Canadian National Railway Company (CNI) is a dividend-paying stock with a current dividend yield of 2.03% as of Jul 17, 2026. It pays $2.61 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 7.04% 5-year compound annual rate.

78.27B

Market cap

23.55x

Current P/E

23.04x

Forward P/E

2.03%

Dividend yield

$2.61

CNI dividend

Dividend safety

Strong

Dividend coverage looks healthy — CNI pays out about 48% of earnings.

See the safety analysis

CNI chart

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Fundamentals

Gross margin	43.58%
Operating margin	38.05%
Pretax margin	36.19%
Net margin	27.27%
Effective tax rate	24.65%
ROA	8.07%
ROE	21.95%
D/E	1.01x
Interest coverage ratio	7.76x

All financials

CNI valuation

P/E	23.55x
P/S	4.98x
P/B	4.02x
P/CF	12.30x
P/FCF	25.43x
P/OCF	12.30x
PEG	4.64x
EV multiple	7.34x

About

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.