Canadian National Railway (TSE:CNR) (NYSE:CNI) declared a quarterly dividend on Tuesday, October 22nd, Zacks reports. Shareholders of record on Monday, December 9th will be given a dividend of 0.538 per share on Monday, December 30th. This represents a $2.15 annualized dividend and a yield of 1.84%. The ex-dividend date is Friday, December 6th. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.54.
TSE CNR opened at C$117.15 on Wednesday. The firm has a market cap of $83.80 billion and a P/E ratio of 18.95. Canadian National Railway has a 52-week low of C$96.46 and a 52-week high of C$127.96. The business’s 50-day moving average price is C$119.93 and its 200 day moving average price is C$121.05. The company has a quick ratio of 0.35, a current ratio of 0.71 and a debt-to-equity ratio of 77.32.
In related news, Senior Officer Sean Finn sold 573 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$122.19, for a total value of C$70,012.86. Following the completion of the transaction, the insider now owns 14,981 shares of the company’s stock, valued at approximately C$1,830,475.96. Also, Director Denis Losier sold 1,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$122.11, for a total transaction of C$122,110.00. Following the completion of the transaction, the director now owns 171,254 shares in the company, valued at C$20,911,825.94.
Canadian National Railway Company Profile
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
Read More: Profit margin is different from the revenue
Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter.