Canadian National Railway (CNI) Dividend History & Yield
Canadian National Railway (CNI) has increased its dividend for 30 consecutive years and currently yields 2.61%. The most recent payment was $0.6734/share on Mar 10, 2026, paid Quarterly.
Current Yield
2.61%
TTM Dividend/Share
$2.60
Payment Frequency
Quarterly
Payout Ratio
34.3%
Consecutive Growth Years
30
Div Growth (1Y CAGR)
3.01%
Div Growth (5Y CAGR)
7.94%
Div Growth (10Y CAGR)
10.13%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 34.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.44) covers dividend/share ($2.60).
No dividend cuts in 10+ years
15 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
30 consecutive years of dividend growth.
Dividend Payment History
Ex-date Mar 10, 2026
- Payment date
- Mar 31, 2026
- Dividend
- $0.6734
- Adj. dividend
- $0.6734
Ex-date Dec 9, 2025
- Payment date
- Dec 30, 2025
- Dividend
- $0.6407
- Adj. dividend
- $0.6407
Ex-date Sep 8, 2025
- Payment date
- Sep 29, 2025
- Dividend
- $0.6427
- Adj. dividend
- $0.6427
Ex-date Jun 9, 2025
- Payment date
- Jun 30, 2025
- Dividend
- $0.6409
- Adj. dividend
- $0.6409
Ex-date Mar 10, 2025
- Payment date
- Mar 31, 2025
- Dividend
- $0.6145
- Adj. dividend
- $0.6145
Ex-date Dec 9, 2024
- Payment date
- Dec 30, 2024
- Dividend
- $0.5987
- Adj. dividend
- $0.5987
Ex-date Sep 6, 2024
- Payment date
- Sep 27, 2024
- Dividend
- $0.6260
- Adj. dividend
- $0.6260
Ex-date Jun 7, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $0.6180
- Adj. dividend
- $0.6180
Ex-date Mar 6, 2024
- Payment date
- Mar 28, 2024
- Dividend
- $0.6220
- Adj. dividend
- $0.6220
Ex-date Dec 6, 2023
- Payment date
- Dec 28, 2023
- Dividend
- $0.5808
- Adj. dividend
- $0.5808
Ex-date Sep 7, 2023
- Payment date
- Sep 29, 2023
- Dividend
- $0.5790
- Adj. dividend
- $0.5790
Ex-date Jun 8, 2023
- Payment date
- Jun 30, 2023
- Dividend
- $0.5922
- Adj. dividend
- $0.5922
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 10, 2026 | Mar 31, 2026 | $0.6734 | $0.6734 |
| Dec 9, 2025 | Dec 30, 2025 | $0.6407 | $0.6407 |
| Sep 8, 2025 | Sep 29, 2025 | $0.6427 | $0.6427 |
| Jun 9, 2025 | Jun 30, 2025 | $0.6409 | $0.6409 |
| Mar 10, 2025 | Mar 31, 2025 | $0.6145 | $0.6145 |
| Dec 9, 2024 | Dec 30, 2024 | $0.5987 | $0.5987 |
| Sep 6, 2024 | Sep 27, 2024 | $0.6260 | $0.6260 |
| Jun 7, 2024 | Jun 28, 2024 | $0.6180 | $0.6180 |
| Mar 6, 2024 | Mar 28, 2024 | $0.6220 | $0.6220 |
| Dec 6, 2023 | Dec 28, 2023 | $0.5808 | $0.5808 |
| Sep 7, 2023 | Sep 29, 2023 | $0.5790 | $0.5790 |
| Jun 8, 2023 | Jun 30, 2023 | $0.5922 | $0.5922 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Canadian National Railway has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 30 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.5389 | — | — |
| 2025 | $2.4647 | $2.5389 | +3.0% |
| 2024 | $2.3241 | $2.4647 | +6.0% |
| 2023 | $2.2505 | $2.3241 | +3.3% |
| 2022 | $1.9646 | $2.2505 | +14.6% |
| 2021 | $1.7324 | $1.9646 | +13.4% |
| 2020 | $1.6198 | $1.7324 | +6.9% |
| 2019 | $1.3908 | $1.6198 | +16.5% |
| 2018 | $1.2736 | $1.3908 | +9.2% |
| 2017 | $1.1476 | $1.2736 | +11.0% |
| 2016 | $0.9672 | $1.1476 | +18.6% |
| 2015 | $0.8985 | $0.9672 | +7.6% |
| 2014 | $0.8237 | $0.8985 | +9.1% |
| 2013 | $0.7480 | $0.8237 | +10.1% |
| 2012 | $0.6589 | $0.7480 | +13.5% |
| 2011 | $0.5224 | $0.6589 | +26.1% |
| 2010 | $0.5050 | $0.5224 | +3.4% |
| 2009 | $0.4595 | $0.5050 | +9.9% |
| 2008 | $0.4200 | $0.4595 | +9.4% |
| 2007 | $0.3250 | $0.4200 | +29.2% |
| 2006 | $0.2500 | $0.3250 | +30.0% |
| 2005 | $0.1950 | $0.2500 | +28.2% |
| 2004 | $0.1667 | $0.1950 | +17.0% |
| 2003 | $0.1433 | $0.1667 | +16.3% |
| 2002 | $0.1300 | $0.1433 | +10.3% |
| 2001 | $0.1167 | $0.1300 | +11.4% |
| 2000 | $0.1000 | $0.1167 | +16.7% |
| 1999 | $0.0883 | $0.1000 | +13.2% |
| 1998 | $0.0767 | $0.0883 | +15.2% |
| 1997 | $0.0667 | $0.0767 | +15.0% |
| 1996 | — | $0.0667 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Canadian National Railway pay dividends?
- Yes, Canadian National Railway (CNI) pays quarterly dividends of approximately $2.60 per share annually, yielding 2.61%.
What is Canadian National Railway's dividend yield?
- Canadian National Railway (CNI) has a current dividend yield of 2.61%.
Is Canadian National Railway's dividend safe?
- Canadian National Railway (CNI) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Canadian National Railway increased its dividend?
- Canadian National Railway (CNI) has 30 consecutive years of dividend increases.
What is Canadian National Railway's dividend payout ratio?
- Canadian National Railway (CNI) has a dividend payout ratio of 34.3%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
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