Canadian National Railway CoCNI +0.88%91 Dividend Yield % is 2.20% as of Jun. 24, 2026, which is 26% above its 10-year median of 1.74. GuruFocus rates CNI with a GF Score™ of 91/100 and a GF Value™ of $114.56 (Fairly Valued). The stock has 6 warning signs investors should review. Among 666 Transportation companies, Canadian National Railway Co ranks worse than 63.66% on this metric.
During the past 12 months, Canadian National Railway Co's average Dividends Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% 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 6.60% per year. And the median was 14.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Canadian National Railway Co (NYSE:CNI) 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.
* 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 Dividend Yield % Chart
For the Railroads subindustry, Canadian National Railway Co's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % vs Transportation Industry
For the Transportation industry and Industrials sector, Canadian National Railway Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Canadian National Railway Co's Dividend Yield % falls into.
Canadian National Railway Co 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 0.915000
2026-06-09
2026-06-09
2026-06-30
Cash Dividend
quarterly
CAD:USD 0.717824
CAD 0.915000
2026-03-10
2026-03-10
2026-03-31
Cash Dividend
quarterly
CAD:USD 0.716692
CAD 0.887500
2025-12-09
2025-12-09
2025-12-30
Cash Dividend
quarterly
CAD:USD 0.729288
CAD 0.887500
2025-09-08
2025-09-08
2025-09-29
Cash Dividend
quarterly
CAD:USD 0.718030
* 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.
* 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 (CNI) has a Dividend Yield % of 2.20% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Canadian National Railway Co and its competitors. This is 26% above median its historical median of 1.74. Over the past decade, Canadian National Railway Co's Dividend Yield % has ranged from 1.43 to 2.72. According to the industry distribution chart, Canadian National Railway Co ranks #424 out of 666 companies in the Transportation industry, placing it in the top 63.7%.
Is Canadian National Railway Co's Dividend Yield % too high?
Canadian National Railway Co's current Dividend Yield % of 2.20% is 26% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 2.72. The Transportation industry median Dividend Yield % is 3.02. Canadian National Railway Co's value of 2.20% is 27.2% below this industry median. Based on the distribution chart, Canadian National Railway Co ranks #424 out of 666 companies in the Transportation industry, which is below the industry midpoint. Overall, Canadian National Railway Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's Dividend Yield % compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian National Railway Co ranks #424 out of 666 companies for Dividend Yield %. This places Canadian National Railway Co in the lower half of its industry. The industry median Dividend Yield % is 3.02. Canadian National Railway Co's value of 2.20% is 27.2% below this benchmark. Historically, Canadian National Railway Co's own Dividend Yield % has ranged from 1.43 to 2.72 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 3.02, Canadian National Railway Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Transportation company?
The median Dividend Yield % among Transportation companies is 3.02, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian National Railway Co's current Dividend Yield % of 2.20% is 27.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Canadian National Railway Co and its competitors. For the Transportation industry, the median Dividend Yield % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian National Railway Co's current Dividend Yield % is 2.20%, which is 26% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian National Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Canadian National Railway Co (CNI) is currently considered Fairly Valued. The stock's GF Value™ is $114.56, compared to a current price of $115.91 — trading 1.2% above its estimated fair value. The current Dividend Yield % is 2.20%, which is 26% above median its 10-year median of 1.74 and 27.2% below the Transportation industry median of 3.02. Canadian National Railway Co's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Canadian National Railway Co (CNI), the current Dividend Yield % is 2.20% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian National Railway Co (CNI) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian National Railway Co stock appears to be overvalued.
The current stock price of $115.91 is trading 1.2% above its estimated GF Value™ of $114.56.
GuruFocus considers Canadian National Railway Co to be Fairly Valued.
Key valuation signals for CNI:
Dividend Yield %: 2.20% (26% above median its 10-year median of 1.74)
GF Value™: $114.56 vs. price of $115.91 (1.2% above fair value)
Industry Position: 27.2% below the Transportation median (#424 of 666)
No single metric tells the full story. See the CNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
91GF Score
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