Canadian National Railway Co (Canadian National Railway Co) Dividend Payout Ratio

: 0.39 (As of Dec. 2023)

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Canadian National Railway Co's dividend payout ratio for the months ended in Dec. 2023 was 0.39.

The historical rank and industry rank for Canadian National Railway Co's Dividend Payout Ratio or its related term are showing as below:

CNI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.35 Max: 0.44
Current: 0.43

During the past 13 years, the highest Dividend Payout Ratio of Canadian National Railway Co was 0.44. The lowest was 0.27. And the median was 0.35.

CNI's Dividend Payout Ratio is ranked worse than
53.14% of 525 companies
in the Transportation industry
Industry Median: 0.4 vs CNI: 0.43

As of today (2024-04-19), the Dividend Yield % of Canadian National Railway Co is 1.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian National Railway Co was 2.17%. The lowest was 1.14%. And the median was 1.61%.

Canadian National Railway Co's Dividends per Share for the months ended in Dec. 2023 was $0.59.

During the past 12 months, Canadian National Railway Co's average Dividends Per Share Growth Rate was 7.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian National Railway Co was 29.10% per year. The lowest was 8.70% per year. And the median was 14.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Canadian National Railway Co Dividend Payout Ratio Historical Data

The historical data trend for Canadian National Railway Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian National Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.37

0.44

0.41

0.39

0.43

Canadian National Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.35	0.43	0.42	0.47	0.39

Competitive Comparison

For the Railroads subindustry, Canadian National Railway Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian National Railway Co Dividend Payout Ratio Distribution

For the Transportation industry and Industrials sector, Canadian National Railway Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Dividend Payout Ratio falls into.

Canadian National Railway Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Canadian National Railway Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.355	/	5.426
	=	0.43

Canadian National Railway Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.589	/	1.506
	=	0.39

Canadian National Railway Co (NYSE:CNI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Canadian National Railway Co Dividend Payout Ratio Related Terms

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Canadian National Railway Co (Canadian National Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canadian National Railway Co (NYSE:CNI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CNI:Mexico CY2:Germany CY2:Germany CNR:Canada CNIC34:Brazil

Address

935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9

Website

https://www.cn.ca

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.