Canadian National Railway (CNR.TO) Dividends
Market Cap: $86.90B
Avg Volume: 1.38M
Industry: Railroads
Sector: Industrials
Dividend Overview
Canadian National Railway (CNR.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 2.41%, which means that for every $100 invested at the current price, investors would receive approximately $2.41 in dividends per year (this can change based on future dividend payments and price movements).
About CNR.TO's Dividend
Canadian National Railway pays a quarterly dividend of $0.86 per share, which totals $3.42 annually. This means that for each share you own, you'll receive $3.42 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was March 10, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Canadian National Railway's payout ratio is 0.48% which means that 0.48% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Canadian National Railway's dividend has decreased by -0.03% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
CNR.TO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.8875 | 2.41% | March 10, 2025 | March 10, 2025 | March 31, 2025 | |
| $0.845 | 2.24% | December 09, 2024 | December 09, 2024 | December 30, 2024 | |
| $0.845 | 2.13% | September 06, 2024 | September 06, 2024 | September 27, 2024 | |
| $0.845 | 1.91% | June 07, 2024 | June 07, 2024 | June 28, 2024 | |
| $0.845 | 1.87% | March 06, 2024 | March 07, 2024 | March 28, 2024 | January 23, 2024 |
| $0.79 | 1.97% | December 06, 2023 | December 07, 2023 | December 28, 2023 | October 24, 2023 |
| $0.79 | 2.11% | September 07, 2023 | September 08, 2023 | September 29, 2023 | September 07, 2023 |
| $0.79 | 1.98% | June 08, 2023 | June 09, 2023 | June 30, 2023 | April 24, 2023 |
| $0.79 | 1.86% | March 09, 2023 | March 10, 2023 | March 31, 2023 | January 24, 2023 |
| $0.733 | 1.72% | December 07, 2022 | December 08, 2022 | December 29, 2022 | October 25, 2022 |
| $0.733 | 1.81% | September 07, 2022 | September 08, 2022 | September 29, 2022 | July 26, 2022 |
| $0.733 | 1.87% | June 08, 2022 | June 09, 2022 | June 30, 2022 | April 26, 2022 |
| $0.733 | 1.62% | March 09, 2022 | March 10, 2022 | March 31, 2022 | January 25, 2022 |
| $0.615 | 1.50% | December 08, 2021 | December 09, 2021 | December 30, 2021 | October 19, 2021 |
| $0.615 | 1.56% | September 07, 2021 | September 08, 2021 | September 29, 2021 | July 20, 2021 |
| $0.615 | 1.78% | June 08, 2021 | June 09, 2021 | June 30, 2021 | April 26, 2021 |
| $0.615 | 1.64% | March 09, 2021 | March 10, 2021 | March 31, 2021 | January 26, 2021 |
| $0.575 | 1.65% | December 08, 2020 | December 09, 2020 | December 30, 2020 | October 20, 2020 |
| $0.575 | 1.68% | September 08, 2020 | September 09, 2020 | September 30, 2020 | July 22, 2020 |
| $0.575 | 1.83% | June 08, 2020 | June 09, 2020 | June 30, 2020 | April 27, 2020 |
| $0.575 | 2.11% | March 09, 2020 | March 10, 2020 | March 31, 2020 | January 28, 2020 |
| $0.5375 | 1.81% | December 06, 2019 | December 09, 2019 | December 30, 2019 | October 22, 2019 |
| $0.5375 | 1.69% | September 06, 2019 | September 09, 2019 | September 30, 2019 | July 23, 2019 |
| $0.5375 | 1.63% | June 06, 2019 | June 07, 2019 | June 28, 2019 | April 29, 2019 |
| $0.5375 | 1.63% | March 07, 2019 | March 08, 2019 | March 29, 2019 | January 29, 2019 |
| $0.455 | 1.68% | December 06, 2018 | December 07, 2018 | December 28, 2018 | October 23, 2018 |
| $0.455 | 1.56% | September 06, 2018 | September 07, 2018 | September 28, 2018 | July 24, 2018 |
| $0.455 | 1.62% | June 07, 2018 | June 08, 2018 | June 29, 2018 | April 23, 2018 |
| $0.455 | 1.80% | March 07, 2018 | March 08, 2018 | March 29, 2018 | January 23, 2018 |
| $0.4125 | 1.60% | December 07, 2017 | December 08, 2017 | December 29, 2017 | October 24, 2017 |
| $0.4125 | 1.63% | September 07, 2017 | September 08, 2017 | September 29, 2017 | July 25, 2017 |
| $0.4125 | 1.49% | June 07, 2017 | June 09, 2017 | June 30, 2017 | April 24, 2017 |
| $0.4125 | 1.59% | March 08, 2017 | March 10, 2017 | March 31, 2017 | January 24, 2017 |
| $0.375 | 1.64% | December 07, 2016 | December 09, 2016 | December 30, 2016 | October 25, 2016 |
| $0.375 | 1.71% | September 07, 2016 | September 09, 2016 | September 30, 2016 | July 25, 2016 |
| $0.375 | 1.78% | June 07, 2016 | June 09, 2016 | June 30, 2016 | April 25, 2016 |
| $0.375 | 1.64% | March 08, 2016 | March 10, 2016 | March 31, 2016 | January 26, 2016 |
| $0.3125 | 1.71% | December 08, 2015 | December 10, 2015 | December 31, 2015 | October 27, 2015 |
| $0.3125 | 1.68% | September 04, 2015 | September 09, 2015 | September 30, 2015 | July 20, 2015 |
| $0.3125 | 1.53% | June 05, 2015 | June 09, 2015 | June 30, 2015 | April 20, 2015 |
| $0.3125 | 1.24% | March 06, 2015 | March 10, 2015 | March 31, 2015 | January 27, 2015 |
| $0.25 | 1.31% | December 08, 2014 | December 10, 2014 | December 31, 2014 | October 21, 2014 |
| $0.25 | 1.21% | September 05, 2014 | September 09, 2014 | September 30, 2014 | July 21, 2014 |
| $0.25 | 1.40% | June 05, 2014 | June 09, 2014 | June 30, 2014 | April 22, 2014 |
| $0.25 | 1.44% | March 06, 2014 | March 10, 2014 | March 31, 2014 | January 30, 2014 |
| $0.215 | 1.43% | December 06, 2013 | December 10, 2013 | December 31, 2013 | October 22, 2013 |
| $0.43 | 1.65% | September 05, 2013 | September 09, 2013 | September 30, 2013 | July 22, 2013 |
| $0.43 | 1.58% | June 05, 2013 | June 07, 2013 | June 28, 2013 | April 24, 2013 |
| $0.43 | 1.49% | March 05, 2013 | March 07, 2013 | March 28, 2013 | January 22, 2013 |
| $0.375 | 1.67% | December 06, 2012 | December 10, 2012 | December 31, 2012 | October 22, 2012 |
| $0.375 | 1.63% | September 05, 2012 | September 07, 2012 | September 28, 2012 | July 25, 2012 |
| $0.375 | 1.68% | June 06, 2012 | June 08, 2012 | June 29, 2012 | April 23, 2012 |
| $0.375 | 1.80% | March 07, 2012 | March 09, 2012 | March 30, 2012 | January 24, 2012 |
| $0.325 | 1.65% | December 07, 2011 | December 09, 2011 | December 30, 2011 | October 25, 2011 |
| $0.325 | 1.76% | September 07, 2011 | September 09, 2011 | September 30, 2011 | July 25, 2011 |
| $0.325 | 1.59% | June 07, 2011 | June 09, 2011 | June 30, 2011 | April 26, 2011 |
| $0.325 | 1.56% | March 08, 2011 | March 10, 2011 | March 31, 2011 | January 25, 2011 |
| $0.27 | 1.62% | December 08, 2010 | December 10, 2010 | December 31, 2010 | October 26, 2010 |
| $0.27 | 1.59% | September 07, 2010 | September 09, 2010 | September 30, 2010 | July 23, 2010 |
| $0.27 | 1.77% | June 07, 2010 | June 09, 2010 | June 30, 2010 | April 26, 2010 |
| $0.27 | 1.79% | March 08, 2010 | March 10, 2010 | March 31, 2010 | January 26, 2010 |
| $0.2525 | 1.74% | December 08, 2009 | December 10, 2009 | December 31, 2009 | October 20, 2009 |
| $0.2525 | 1.83% | September 04, 2009 | September 09, 2009 | September 30, 2009 | July 20, 2009 |
| $0.2525 | 1.98% | June 05, 2009 | June 09, 2009 | June 30, 2009 | April 20, 2009 |
| $0.2525 | 2.42% | March 06, 2009 | March 10, 2009 | March 31, 2009 | January 22, 2009 |
| $0.23 | 2.08% | December 08, 2008 | December 10, 2008 | December 31, 2008 | October 21, 2008 |
| $0.23 | 1.67% | September 05, 2008 | September 09, 2008 | September 30, 2008 | July 21, 2008 |
| $0.23 | 1.60% | June 05, 2008 | June 09, 2008 | June 30, 2008 | April 21, 2008 |
| $0.23 | 1.69% | March 06, 2008 | March 10, 2008 | March 31, 2008 | January 22, 2008 |
| $0.21 | 1.66% | December 06, 2007 | December 10, 2007 | December 31, 2007 | October 22, 2007 |
| $0.21 | 1.42% | September 05, 2007 | September 07, 2007 | September 28, 2007 | July 23, 2007 |
| $0.21 | 1.31% | June 06, 2007 | June 08, 2007 | June 29, 2007 | April 23, 2007 |
| $0.21 | 1.36% | March 07, 2007 | March 09, 2007 | March 30, 2007 | January 23, 2007 |
| $0.1625 | 1.21% | December 06, 2006 | December 08, 2006 | December 29, 2006 | October 19, 2006 |
| $0.1625 | 1.33% | September 06, 2006 | September 08, 2006 | September 29, 2006 | July 20, 2006 |
| $0.1625 | 1.19% | June 07, 2006 | June 09, 2006 | June 30, 2006 | April 20, 2006 |
| $0.1625 | 1.03% | March 08, 2006 | March 10, 2006 | March 31, 2006 | January 24, 2006 |
| $0.25 | 1.06% | December 07, 2005 | December 09, 2005 | December 30, 2005 | October 18, 2005 |
| $0.25 | 1.19% | September 07, 2005 | September 09, 2005 | September 30, 2005 | July 20, 2005 |
| $0.25 | 1.18% | June 07, 2005 | June 09, 2005 | June 30, 2005 | April 20, 2005 |
| $0.25 | 1.08% | March 08, 2005 | March 10, 2005 | March 31, 2005 | January 25, 2005 |
| $0.195 | 1.35% | December 08, 2004 | December 10, 2004 | December 31, 2004 | October 27, 2004 |
| $0.195 | 1.50% | September 08, 2004 | September 10, 2004 | September 30, 2004 | July 21, 2004 |
| $0.195 | 1.84% | June 07, 2004 | June 09, 2004 | June 30, 2004 | April 22, 2004 |
| $0.195 | 1.97% | March 04, 2004 | March 08, 2004 | March 29, 2004 | January 28, 2004 |
| $0.165 | 1.55% | February 19, 2004 | |||
| $0.25 | 1.60% | December 04, 2003 | December 08, 2003 | December 29, 2003 | October 21, 2003 |
| $0.25 | 1.63% | September 05, 2003 | September 09, 2003 | September 30, 2003 | July 22, 2003 |
| $0.25 | 1.34% | July 29, 2003 | |||
| $0.25 | 1.32% | June 05, 2003 | June 09, 2003 | June 30, 2003 | April 23, 2003 |
| $0.25 | 1.49% | March 06, 2003 | March 10, 2003 | March 31, 2003 | January 21, 2003 |
| $0.215 | 1.23% | December 04, 2002 | December 06, 2002 | December 27, 2002 | October 22, 2002 |
| $0.215 | 1.29% | September 04, 2002 | September 06, 2002 | September 27, 2002 | July 22, 2002 |
| $0.215 | 1.08% | June 05, 2002 | June 07, 2002 | June 28, 2002 | April 22, 2002 |
| $0.215 | 0.96% | March 06, 2002 | March 08, 2002 | March 28, 2002 | January 22, 2002 |
| $0.195 | 1.12% | December 05, 2001 | December 07, 2001 | December 28, 2001 | October 23, 2001 |
| $0.195 | 1.14% | September 05, 2001 | September 07, 2001 | September 28, 2001 | July 23, 2001 |
| $0.195 | 1.15% | June 05, 2001 | June 07, 2001 | June 28, 2001 | April 23, 2001 |
| $0.195 | 1.28% | March 06, 2001 | March 08, 2001 | March 29, 2001 | January 23, 2001 |
| $0.175 | 1.50% | December 06, 2000 | December 08, 2000 | December 29, 2000 | October 23, 2000 |
| $0.175 | 1.56% | September 05, 2000 | September 07, 2000 | September 28, 2000 | July 25, 2000 |
| $0.175 | 1.60% | June 05, 2000 | June 07, 2000 | June 28, 2000 | April 24, 2000 |
| $0.175 | 1.80% | March 02, 2000 | March 06, 2000 | March 27, 2000 | January 26, 2000 |
| $0.15 | 1.40% | December 06, 1999 | December 08, 1999 | December 29, 1999 | October 19, 1999 |
| $0.3 | 1.23% | September 02, 1999 | September 07, 1999 | September 27, 1999 | July 20, 1999 |
| $0.3 | 1.19% | June 04, 1999 | June 08, 1999 | June 29, 1999 | April 20, 1999 |
| $0.3 | 1.57% | March 03, 1999 | March 05, 1999 | March 25, 1999 | January 19, 1999 |
| $0.265 | 1.28% | December 04, 1998 | December 08, 1998 | December 30, 1998 | October 20, 1998 |
| $0.265 | 1.45% | September 03, 1998 | September 08, 1998 | September 28, 1998 | July 20, 1998 |
| $0.265 | 1.23% | June 04, 1998 | June 08, 1998 | June 29, 1998 | April 21, 1998 |
| $0.265 | 1.09% | March 04, 1998 | March 06, 1998 | March 26, 1998 | January 21, 1998 |
| $0.23 | 1.25% | December 05, 1997 | December 09, 1997 | December 22, 1997 | October 22, 1997 |
| $0.23 | 0.99% | September 04, 1997 | September 08, 1997 | September 26, 1997 | July 24, 1997 |
| $0.23 | 0.81% | June 05, 1997 | June 09, 1997 | June 26, 1997 | May 05, 1997 |
| $0.23 | 0.46% | March 05, 1997 | March 07, 1997 | March 26, 1997 | January 21, 1997 |
| $0.2 | 0.39% | December 05, 1996 | December 09, 1996 | December 20, 1996 | November 26, 1996 |
Dividend Growth
Canadian National Railway (CNR.TO) dividend payments have decreased -3.24% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for CNR.TO
- Dividend Payout Ratio: 0.48% Low risk
- Dividend & Capex Coverage Ratio: 1.18x Adequate coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.03% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Canadian National Railway's payout ratio is 0.48% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.18x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio above 1.0x indicates Canadian National Railway can cover its dividends and necessary investments from its operating cash flow, but has limited cushion.
Canadian National Railway's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Canadian National Railway's dividend growth rate of -0.03% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.