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CN Declares Fourth-Quarter 2022 Dividend

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CN (NYSE: CNI) announced a quarterly dividend of C$0.7325 per common share, set to be paid on December 29, 2022. Shareholders must be on record by the close of business on December 8, 2022. This dividend reflects CN's commitment to returning value to shareholders while maintaining its status as a leader in transportation, connecting Canada and the U.S. through an extensive rail network. The company continues to focus on social responsibility and environmental stewardship in its operations.

Positive
  • Quarterly dividend of C$0.7325 reflects strong cash flow management.
  • Demonstrates commitment to shareholder value and financial stability.
Negative
  • None.

MONTREAL, Oct. 25, 2022 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a fourth-quarter 2022 dividend on the Company’s common shares outstanding. A quarterly dividend of seventy-three and a quarter cents (C$0.7325) per common share will be paid on December 29, 2022, to shareholders of record at the close of business on December 8, 2022.

About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

Contacts:

MediaInvestment Community
Jonathan AbecassisPaul Butcher
Senior ManagerVice-President
Media RelationsInvestor Relations
(438) 455-3692
media@cn.ca
(514) 399-0052
investor.relations@cn.ca

FAQ

What is the dividend amount CN announced for Q4 2022?

CN announced a dividend of C$0.7325 per common share for Q4 2022.

When will CN's Q4 2022 dividend be paid?

The dividend will be paid on December 29, 2022.

What is the record date for CN's Q4 2022 dividend?

The record date for the dividend is December 8, 2022.

How often does CN pay dividends?

CN pays dividends quarterly.

Is CN's dividend sustainable?

While the sustainability of the dividend depends on future cash flows, the recent dividend announcement indicates strong financial management.

Canadian National Railway

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