CN Declares Second-Quarter 2021 Dividend

Rhea-AI Summary

CN has declared a quarterly dividend of C$0.6150 per common share to be paid on June 30, 2021, to shareholders recorded by the close of business on June 9, 2021. This announcement reflects the company's commitment to returning value to its shareholders. With a robust rail network of 19,500 miles, CN plays an essential role in the transportation of over 300 million tons of goods across North America annually, emphasizing its significance in trade and community prosperity.

Positive

• Quarterly dividend of C$0.6150 per share highlights commitment to shareholder returns.
• Robust operations with over 300 million tons transported annually enhance market strength.

Negative

• None.

MONTREAL, April 26, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a second-quarter 2021 dividend on the Company’s common shares outstanding. A quarterly dividend of sixty-one and a half cents (C$0.6150) per common share will be paid on June 30, 2021, to shareholders of record at the close of business on June 9, 2021.

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 19,500-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:
Media Mathieu Gaudreault Senior Advisor Media Relations (514) 249-4735 media@cn.ca	Investment Community Paul Butcher Vice-President Investor Relations (514) 399-0052 investor.relations@cn.ca

FAQ

What is the dividend amount for CNI announced in April 2021?

The announced dividend amount for CNI is C$0.6150 per common share.

When will the CNI dividend be paid?

The CNI dividend will be paid on June 30, 2021.

What is the record date for the CNI dividend?

The record date for the CNI dividend is June 9, 2021.

How often does CNI pay dividends?

CNI pays dividends quarterly.

Is CNI committed to paying dividends?

Yes, CNI's board has consistently approved dividends, reflecting its commitment to shareholder returns.