STOCK TITAN

CN Declares Third-Quarter 2022 Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

CN (CNI) announced a quarterly dividend of C$0.7325 per common share, approved by its Board of Directors. This dividend will be paid on September 29, 2022, to shareholders recorded by the close of business on September 8, 2022. CN plays a vital role in transporting over 300 million tons of goods annually across its 18,600-mile rail network, connecting Canada and the U.S. since 1919. The company emphasizes its commitment to social responsibility and environmental stewardship in its operations.

Positive
  • Quarterly dividend of C$0.7325 enhances shareholder income.
  • Robust operational scale with 300 million tons transported annually.
Negative
  • None.

MONTREAL, July 26, 2022 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-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 September 29, 2022, to shareholders of record at the close of business on September 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

When is the dividend payment date for CN (CNI)?

The dividend payment date for CN is September 29, 2022.

What is the dividend amount announced by CN (CNI)?

CN announced a quarterly dividend of C$0.7325 per common share.

Who is eligible for the CN (CNI) dividend?

Shareholders of record at the close of business on September 8, 2022, are eligible for the dividend.

How does CN (CNI) contribute to the economy?

CN supports the economy by transporting over 300 million tons of goods across North America annually.

Canadian National Railway

NYSE:CNI

CNI Rankings

CNI Latest News

CNI Stock Data

64.70B
611.29M
2.64%
74.93%
0.34%
Railroads
Industrials
Link
United States of America
Montreal