CNI Dividend History & Analysis | 2.5% Yield

CNI has a dividend yield of 2.5% and paid 2.63 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.51%
Payout Ratio 34.7%
Growth Rate CAGR 5y 5%
Consistency Lifetime 100%
Yield on Cost 5y 2.8%
Payout FCF 61.8%
Streak Years 5
Dividend Rating 59.2%
Chowder Number yield + growth 7.5% below 15% target for healthy growth
Yield vs Average 5y +30.3% avg 1.93% vs now 2.51%
Debt / EBITDA leverage 2.5x healthy
Income per 10k invested 251 USD per year
Dividends Cash Amount per Share Yearly CNI annual dividends paid per share, showing the total cash Canadian National Railway distributed to shareholders each year.
Dividend Growth Year over Year CNI year-over-year dividend growth rate, showing how Canadian National Railway's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CNI dividend yield history versus share price over the past 5 years, showing how Canadian National Railway's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Rail Transportation

Top 6 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
GET PA
Getlink SE		 11,619 M 4.46% 6.93%
CNI NYSE
Canadian National Railway		 76,850 M 2.51% 2.78%
UNP NYSE
Union Pacific		 180,685 M 2.26% 2.81%
NSC NYSE
Norfolk Southern		 78,287 M 1.85% 2.26%
CSX NASDAQ
CSX		 98,128 M 1.41% 1.76%
CP NYSE
Canadian Pacific Kansas City		 83,190 M 0.87% 0.97%
Top 6 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
GET PA
Getlink SE		 11,619 M 53.67% 100.0%
CSX NASDAQ
CSX		 98,128 M 8.94% 100.0%
CNI NYSE
Canadian National Railway		 76,850 M 4.98% 100.0%
UNP NYSE
Union Pacific		 180,685 M 2.75% 100.0%
NSC NYSE
Norfolk Southern		 78,287 M 3.02% 98.3%
CP NYSE
Canadian Pacific Kansas City		 83,190 M 2.53% 97.6%

CNI Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 0.54% 100
Apr - -
May - -
Jun 0.54% 100
Jul - -
Aug - -
Sep 0.52% 100
Oct - -
Nov - -
Dec 0.50% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-09 2026-06-09 2026-06-30 Quarterly 0.661 -1.9% 0.55%
2026-03-10 2026-03-10 2026-03-31 Quarterly 0.674 +3.7% 0.63%
2025-12-09 2025-12-09 2025-12-30 Quarterly 0.65 +1.2% 0.67%
2025-09-08 2025-09-08 2025-09-29 Quarterly 0.642 -0.9% 0.67%
2025-06-09 2025-06-09 2025-06-30 Quarterly 0.648 +5% 0.62%
2025-03-10 2025-03-10 2025-03-31 Quarterly 0.617 +3.4% 0.62%
2024-12-09 2024-12-09 2024-12-30 Quarterly 0.597 -4.6% 0.56%
2024-09-06 2024-09-06 2024-09-27 Quarterly 0.626 +1.3% 0.54%
2024-06-07 2024-06-07 2024-06-28 Quarterly 0.618 -0.6% 0.49%
2024-03-06 2024-03-07 2024-03-28 Quarterly 0.622 +7.1% 0.48%
2023-12-06 2023-12-07 2023-12-28 Quarterly 0.581 +0.3% 0.5%
2023-09-07 2023-09-08 2023-09-29 Quarterly 0.579 -2% 0.53%
2023-06-08 2023-06-09 2023-06-30 Quarterly 0.591 +3.1% 0.51%
2023-03-09 2023-03-10 2023-03-31 Quarterly 0.573 +6.7% 0.49%
2022-12-07 2022-12-08 2022-12-29 Quarterly 0.537 -3.6% 0.43%
2022-09-07 2022-09-08 2022-09-29 Quarterly 0.557 -4.8% 0.48%
2022-06-08 2022-06-09 2022-06-30 Quarterly 0.585 +3% 0.51%
2022-03-09 2022-03-10 2022-03-31 Quarterly 0.568 +16.9% 0.46%
2021-12-08 2021-12-09 2021-12-30 Quarterly 0.486 -1% 0.37%
2021-09-07 2021-09-08 2021-09-29 Quarterly 0.491 0% 0.39%

CNI Dividend FAQ

What is the Dividend Yield of CNI?

As of July 2026, CNI's dividend yield is 2.51%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.63 USD by the current share price of 129.48.

Does CNI pay a dividend?

As of July 2026, CNI paid a dividend of 2.63 USD in the last 12 months. The last dividend was paid on 2026-06-09 and the payout was 0.661 USD.

How often does CNI pay dividends?

CNI pays dividends quarterly. Over the last 12 months, CNI has issued 4 dividend payments. The last dividend payment was made on 2026-06-09.

CNI dividend forecast

Based on historical data, the forecasted dividends per share for CNI for the next payments are between 0.659 (-0.3%) and 0.7 (+5.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.09%.

Will CNI pay dividends in 2026?

The latest dividend paid per share was 0.661 USD with an Ex-Dividend Date of 2026-06-09. The next Ex-Dividend date for Canadian National Railway (CNI) is currently unknown.

What is the next Ex-Dividend Date for CNI?

The next Ex-Dividend date for Canadian National Railway (CNI) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CNI?

CNI's average dividend growth rate over the past 5 years is 4.98% per year. Strong growth: CNI's dividend growth is outpacing inflation.

What is the Yield on Cost of CNI?

CNI's 5-Year Yield on Cost is 2.78%. If you bought CNI's shares at 94.53 USD five years ago, your current annual dividend income (2.63 USD per share, trailing 12 months) equals 2.78% of your original purchase price.

What is the Payout Consistency of CNI?

CNI Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Canadian National Railway has a strong track record of consistent dividend payments over its lifetime.

Does CNI have a good Dividend Yield?

CNI's 2.51% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of CNI?

The Dividend Payout Ratio of CNI is 34.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CNI?

CNI's Overall Dividend Rating is 59.24%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CNI Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in CNI's Outstanding Shares?

Canadian National Railway's outstanding shares have decreased by approximately 2.49% annually over the past 3 years (Trend Reliability: -97.5%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has CNI ever had a Stock Split?

Yes, the last stock split was on Dec 2, 2013 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1996 911,538,300 0%
1997 1,021,200,000 +12.03%
1998 1,109,400,000 +8.64%
1999 1,254,600,000 +13.09%
2000 1,197,000,000 -4.59%
2001 1,210,800,000 +1.15%
2002 1,196,400,000 -1.19%
2003 1,147,200,000 -4.11%
2004 1,162,000,000 +1.29%
2005 1,114,800,000 -4.06%
2006 1,047,200,000 -6.06%
2007 509,400,000 -51.36%
2008 945,000,000 +85.51%
2009 953,400,000 +0.89%
2010 465,100,000 -51.22%
2011 447,450,000 -3.79%
2012 432,100,000 -3.43%
2013 837,100,000 +93.73%
2014 816,900,000 -2.41%
2015 796,300,000 -2.52%
2016 770,100,000 -3.29%
2017 750,000,000 -2.61%
2018 731,300,000 -2.49%
2019 717,400,000 -1.9%
2020 713,200,000 -0.59%
2021 705,250,000 -1.11%
2022 676,900,000 -4.02%
2023 647,600,000 -4.33%
2024 629,500,000 -2.79%
2025 616,000,000 -2.14%
2026 611,900,000 -0.67%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-24 02:38 UTC