GURUFOCUS.COM » STOCK LIST » USA » NYSE » Canadian National Railway Co (NYSE:CNI) » Definitions » Forward Dividend Yield %
Switch to:

Canadian National Railway Co Forward Dividend Yield %

: 1.80% (As of Today)
View and export this data going back to 1995. Start your Free Trial

As of today (2022-08-19), the Forward Annual Dividend Yield of Canadian National Railway Co is 1.80%.

As of today (2022-08-19), the Trailing Annual Dividend Yield of Canadian National Railway Co is 1.67%.

CNI's Forward Dividend Yield % is ranked worse than
68.51% of 562 companies
in the Transportation industry
Industry Median: 2.98 vs CNI: 1.80

Canadian National Railway Co's Dividends per Share for the three months ended in Jun. 2022 was $0.57.

During the past 12 months, Canadian National Railway Co's average Dividends Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.00% 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 14.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Railroads subindustry, Canadian National Railway Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % Distribution

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

* The bar in red indicates where Canadian National Railway Co's Forward Dividend Yield % falls into.



Canadian National Railway Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Canadian National Railway Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.7332022-06-082022-06-092022-06-30Cash DividendquarterlyCAD:USD 0.776940
CAD 0.7332022-03-092022-03-102022-03-31Cash DividendquarterlyCAD:USD 0.789889
CAD 0.6152021-12-082021-12-092021-12-30Cash DividendquarterlyCAD:USD 0.781250
CAD 0.6152021-09-072021-09-082021-09-29Cash DividendquarterlyCAD:USD 0.789204

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Canadian National Railway Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.27798808/126.72
=1.80 %

Current Share Price is $126.72.
Canadian National Railway Co's Dividends per Share for the forward twelve months is calculated as $0.56949702 * 4 = $2.27798808.

Canadian National Railway Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.114314867/126.72
=1.67 %

Current Share Price is $126.72.
Canadian National Railway Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.114314867.

* 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.


Canadian National Railway Co  (NYSE:CNI) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Canadian National Railway Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Canadian National Railway Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian National Railway Co Business Description

Canadian National Railway Co logo
Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
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%). Other items constitute the remaining revenue.

Canadian National Railway Co Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)