CNI Dividend History & Analysis | 2.6% Yield

CNI has a dividend yield of 2.6% and paid 2.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.59%
Payout Ratio 34.7%
Growth Rate CAGR 5y 6.71%
Consistency Lifetime 100.0%
Yield on Cost 5y 2.66%
Payout FCF 63.7%
Streak Years 30
Dividend Rating 66.72%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 0.9%
Total Return 5y: 5.6%

Top Dividend Payers in Rail Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
GET 10,684 M 3.50% 4.68%
UNP 139,452 M 2.35% 2.98%
VOS 1,851 M 1.56% 2.82%
CSX 70,395 M 1.59% 1.91%
CP 66,735 M 0.84% 1.17%
Top 4 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
GET 10,684 M 84.6% 88.6%
UNP 139,452 M 6.12% 97.4%
NSC 65,360 M 6.74% 97.6%
VOS 1,851 M 2.41% 81.8%

Quality Dividend Peers in Rail Transportation

NSC
Norfolk Southern
 2.54% Yield

CNI Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-09 2025-12-09 2025-12-30 Quarterly 0.65 1.2% 0.67%
2025-09-08 2025-09-08 2025-09-29 Quarterly 0.642 -0.9% 0.67%
2025-06-09 2025-06-09 2025-06-30 Quarterly 0.648 5% 0.62%
2025-03-10 2025-03-10 2025-03-31 Quarterly 0.617 3.4% 0.62%
2024-12-09 2024-12-09 2024-12-30 Quarterly 0.597 -4.6% 0.56%
2024-09-06 2024-09-06 2024-09-27 Quarterly 0.626 1.3% 0.54%
2024-06-07 2024-06-07 2024-06-28 Quarterly 0.618 -0.6% 0.49%
2024-03-06 2024-03-07 2024-03-28 Quarterly 0.622 7.1% 0.48%
2023-12-06 2023-12-07 2023-12-28 Quarterly 0.581 0.3% 0.49%
2023-09-07 2023-09-08 2023-09-29 Quarterly 0.579 -2% 0.53%
2023-06-08 2023-06-09 2023-06-30 Quarterly 0.591 3.1% 0.51%
2023-03-09 2023-03-10 2023-03-31 Quarterly 0.573 6.7% 0.49%
2022-12-07 2022-12-08 2022-12-29 Quarterly 0.537 -3.6% 0.43%
2022-09-07 2022-09-08 2022-09-29 Quarterly 0.557 -4.8% 0.48%
2022-06-08 2022-06-09 2022-06-30 Quarterly 0.585 3% 0.51%
2022-03-09 2022-03-10 2022-03-31 Quarterly 0.568 16.9% 0.46%
2021-12-08 2021-12-09 2021-12-30 Quarterly 0.486 -1% 0.37%
2021-09-07 2021-09-08 2021-09-29 Quarterly 0.491 -3.5% 0.39%
2021-06-08 2021-06-09 2021-06-30 Quarterly 0.509 4.7% 0.46%
2021-03-09 2021-03-10 2021-03-31 Quarterly 0.486 8.2% 0.43%
2020-12-08 2020-12-09 2020-12-30 Quarterly 0.449 2.3% N/A
2020-09-08 2020-09-09 2020-09-30 Quarterly 0.439 2.6% N/A
2020-06-08 2020-06-09 2020-06-30 0.428 -0.2% N/A
2020-03-09 2020-03-10 2020-03-31 Quarterly 0.429 5.1% N/A
2019-12-06 2019-12-09 2019-12-30 Quarterly 0.408 0.5% N/A
2019-09-06 2019-09-09 2019-09-30 Quarterly 0.406 1.2% N/A
2019-06-06 2019-06-07 2019-06-28 Quarterly 0.401 0.2% N/A
2019-03-07 2019-03-08 2019-03-29 Quarterly 0.4 17.3% N/A
2018-12-06 2018-12-07 2018-12-28 Quarterly 0.341 -1.2% N/A
2018-09-06 2018-09-07 2018-09-28 Quarterly 0.345 -2% N/A
2018-06-07 2018-06-08 2018-06-29 Quarterly 0.352 -0.3% N/A
2018-03-07 2018-03-08 2018-03-29 Quarterly 0.353 9.3% N/A
2017-12-07 2017-12-08 2017-12-29 Quarterly 0.323 -4.2% N/A
2017-09-07 2017-09-08 2017-09-29 Quarterly 0.337 9.8% N/A
2017-06-07 2017-06-09 2017-06-30 Quarterly 0.307 -0.3% N/A
2017-03-08 2017-03-10 2017-03-31 Quarterly 0.308 9.2% N/A
2016-12-07 2016-12-09 2016-12-30 Quarterly 0.282 -3.4% N/A
2016-09-07 2016-09-09 2016-09-30 Quarterly 0.292 -0.3% N/A
2016-06-07 2016-06-09 2016-06-30 Quarterly 0.293 3.9% N/A
2016-03-08 2016-03-10 2016-03-31 Quarterly 0.282 22.1% N/A
2015-12-08 2015-12-10 2015-12-31 Quarterly 0.231 -2.5% N/A
2015-09-04 2015-09-09 2015-09-30 Quarterly 0.237 -5.2% N/A
2015-06-05 2015-06-09 2015-06-30 Quarterly 0.25 0% N/A
2015-03-06 2015-03-10 2015-03-31 Quarterly 0.25 14.2% N/A
2014-12-08 2014-12-10 2014-12-31 Quarterly 0.219 -4.8% N/A
2014-09-05 2014-09-09 2014-09-30 Quarterly 0.23 0.4% N/A
2014-06-05 2014-06-09 2014-06-30 Quarterly 0.229 0.9% N/A
2014-03-06 2014-03-10 2014-03-31 Quarterly 0.227 12.4% N/A
2013-12-06 2013-12-10 2013-12-31 Quarterly 0.202 -50.7% N/A
2013-09-05 2013-09-09 2013-09-30 Quarterly 0.41 0% N/A

CNI Dividend FAQ

Canadian National Railway Company (NYSE:CNI) operates an integrated rail, intermodal, and trucking network across Canada and the United States, offering a full suite of transportation services-from rail haulage and custom brokerage to door-to-door logistics and specialized cargo handling. Its customer base spans automotive, coal, fertilizers, temperature-controlled goods, forest products, grain, metals, petroleum, chemicals, consumer goods, and third-party logistics providers.

What is the Dividend Yield of CNI?

As of February 2026, CNI`s dividend yield is 2.59%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.56 USD by the current share price of 101.43.

Does CNI pay a dividend?

As of February 2026, CNI paid a dividend of 2.56 USD in the last 12 months. The last dividend was paid on 2025-12-09 and the payout was 0.65 USD.

How often does CNI pay dividends?

CNI pays dividends quarterly. Over the last 12 months, CNI has issued 4 dividend payments. The last dividend payment was made on 2025-12-09.

CNI dividend forecast

Based on historical data, the forecasted dividends per share for CNI for the next 4 payments are between 0.65 (+0.0%) and 0.691 (+6.3%).
This suggests the dividend will remain relatively stable.

Will CNI pay dividends in 2026?

The latest dividend paid per share was 0.65 USD with an Ex-Dividend Date of 2025-12-09. The next Ex-Dividend date for Canadian National Railway (CNI) is currently unknown.

What is the next Ex-Dividend Date for CNI?

The next Ex-Dividend date for Canadian National Railway (CNI) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CNI?

CNI's average dividend growth rate over the past 5 years is 6.71% per year.
Strong growth: CNI's Dividend growth is outpacing inflation.

What is the Yield on Cost of CNI?

CNI's 5-Year Yield on Cost is 2.66%. If you bought CNI's shares at 96.07 USD five years ago, your current annual dividend income (2.56 USD per share, trailing 12 months) equals 2.66% of your original purchase price.

What is the Payout Consistency of CNI?

CNI Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Canadian National Railway has a strong track record of consistent dividend payments over its lifetime.

Does CNI have a good Dividend Yield?

CNI`s 2.59% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of CNI?

The Dividend Payout Ratio of CNI is 34.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CNI?

CNI`s Overall Dividend Rating is 66.72%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CNI Outstanding Shares Analysis

What is the Trend in CNI's Outstanding Shares?

Canadian National Railway's outstanding shares have decreased by approximately 1.96% annually over the past 3 years (Trend Reliability: -100.0%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has CNI ever had a Stock Split?

Yes, the last stock split was on Dec 2, 2013 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1996 911,538,300
1997 1,021,200,000 +12.03%
1998 1,109,400,000 +8.64%
1999 1,254,600,000 +13.09%
2000 1,197,000,000 -4.59%
2001 1,210,800,000 +1.15%
2002 1,196,400,000 -1.19%
2003 1,147,200,000 -4.11%
2004 1,162,000,000 +1.29%
2005 1,114,800,000 -4.06%
2006 1,047,200,000 -6.06%
2007 509,400,000 -51.36%
2008 945,000,000 +85.51%
2009 953,400,000 +0.89%
2010 465,100,000 -51.22%
2011 447,450,000 -3.79%
2012 432,100,000 -3.43%
2013 837,100,000 +93.73%
2014 816,900,000 -2.41%
2015 796,300,000 -2.52%
2016 770,100,000 -3.29%
2017 750,000,000 -2.61%
2018 731,300,000 -2.49%
2019 717,400,000 -1.9%
2020 713,200,000 -0.59%
2021 705,250,000 -1.11%
2022 676,900,000 -4.02%
2023 647,600,000 -4.33%
2024 629,500,000 -2.79%
2025 622,400,000 -1.13%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-01 02:17