CN Declares Second-Quarter 2022 Dividend

Rhea-AI Summary

CN (TSX: CNR) (NYSE: CNI) has announced a quarterly dividend of C$0.7325 per common share for Q2 2022. This dividend will be paid on June 30, 2022, to shareholders of record as of June 9, 2022. The company's extensive rail network, spanning 18,600 miles across North America, enables it to transport over 300 million tons of goods annually. CN is committed to social responsibility and environmental stewardship, contributing to economic prosperity since 1919.

Positive

• Quarterly dividend of C$0.7325 per share reflects steady income for shareholders.
• Strong operational capacity with transportation of over 300 million tons annually.
• Commitment to social responsibility and environmental stewardship enhances company reputation.

Negative

• None.

MONTREAL, April 26, 2022 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a second-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 June 30, 2022, to shareholders of record at the close of business on June 9, 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:

Media	Investment Community
Jonathan Abecassis	Paul Butcher
Senior Manager	Vice-President
Media Relations	Investor Relations
(438) 455-3692 media@cn.ca	(514) 399-0052 investor.relations@cn.ca

FAQ

What is the dividend amount for CN in Q2 2022?

The dividend amount for CN in Q2 2022 is C$0.7325 per common share.

When will the Q2 2022 dividend for CN be paid?

The Q2 2022 dividend for CN will be paid on June 30, 2022.

What is the record date for CN's Q2 2022 dividend?

The record date for CN's Q2 2022 dividend is June 9, 2022.

How often does CN pay dividends?

CN pays dividends quarterly.

Is CN's dividend sustainable?

The sustainability of CN's dividend can be assessed based on its operational performance and financial metrics.