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CN Declares Fourth-Quarter 2020 Dividend

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CN (CNI) announced a quarterly dividend of C$0.5750 per share, to be paid on December 30, 2020, for shareholders on record by December 9, 2020. This decision reflects the company's commitment to returning value to its investors amidst its robust operations. As a leader in transportation, CN plays a vital role in the movement of over 300 million tons of goods across North America annually, linking Canada’s coasts to the U.S.

Positive
  • Quarterly dividend of C$0.5750 per share reflects confidence in financial stability.
  • Commitment to returning value to shareholders through consistent dividends.
Negative
  • None.

MONTREAL, Oct. 20, 2020 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a fourth-quarter 2020 dividend on the Company’s common shares outstanding. A quarterly dividend of fifty-seven and a half cents (C$0.5750) per common share will be paid on December 30, 2020, to shareholders of record at the close of business on December 9, 2020.

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 Southern tip of the U.S. through a 19,500-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
(514) 399-7956
media@cn.ca
(514) 399-0052
investor.relations@cn.ca

FAQ

What is the dividend amount for CNI in Q4 2020?

CN has announced a quarterly dividend of C$0.5750 per share for Q4 2020.

When will the CNI dividend be paid?

The dividend will be paid on December 30, 2020.

What is the record date for CNI's dividend?

The record date for the dividend is December 9, 2020.

How often does CNI pay dividends?

CNI pays dividends quarterly.

Is CNI's dividend sustainable?

The sustainability of CNI's dividend depends on its ongoing financial performance and operational stability.

Canadian National Railway

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