SmarterDividends
CNI

Canadian National Railway Company

CNI28 yrs growth

Industrials · Stock · quarterly payer

Forward Yield

2.25%

Annual Dividend

$2.69

Payout Ratio

47%

5-Yr Growth

8.1%

Ex-Date

Jun 9, 2026

Frequency

Quarterly

CNI Dividend Safety Score

90/ 100
Grade A

Very Safe

Dividend-growth streak28 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage47% of earnings paid out
Free-cash-flow coverage63% of free cash flow
Balance-sheet strengthDebt/equity of 1.06
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CNI a good dividend stock?

Yes

Canadian National Railway Company (CNI) pays a quarterly dividend yielding 2.25% ($2.69/yr), with 28 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 28 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (47%)
  • Strong 8.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.25%
Payout Ratio
47%
Annual Dividend
$2.69
5-Yr Avg Growth
8.1%
Ex-Dividend Date
Jun 9, 2026
Years of Growth
28
Frequency
quarterly
Beta
1.00
Market Cap
$72.5B
P/E Ratio
21.8
5-Yr Total Return
14%
52-Week Range
$90.74 – $122.48
Dividend Safety
A · 90/100
Ever Cut?
No
CNI ex-dividend date & scheduleNext ex-date Jun 9, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.69 / yr per share

Per payment (quarterly)$67.25
Annual$269.00
Monthly avg$22.42