CN Declares Fourth-Quarter 2022 Dividend
CN (NYSE: CNI) announced a quarterly dividend of C$0.7325 per common share, set to be paid on December 29, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
CN (NYSE: CNI) announced a quarterly dividend of C$0.7325 per common share, set to be paid on December 29, 2022. Shareholders must be on record by the close of business on December 8, 2022. This dividend reflects CN's commitment to returning value to shareholders while maintaining its status as a leader in transportation, connecting Canada and the U.S. through an extensive rail network. The company continues to focus on social responsibility and environmental stewardship in its operations.
Positive
- Quarterly dividend of C$0.7325 reflects strong cash flow management.
- Demonstrates commitment to shareholder value and financial stability.
Negative
- None.
Details
News Market Reaction – CNI
The recorded move for CNI in the trading session of this news was +3.35%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTREAL, Oct. 25, 2022 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a fourth-quarter 2022 dividend on the Company’s common shares outstanding. A quarterly dividend of seventy-three and a quarter cents (C
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 U.S. South through a 18,600-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:
| Media | Investment Community |
| Jonathan Abecassis | Paul Butcher |
| Senior Manager | Vice-President |
| Media Relations | Investor Relations |
| (438) 455-3692 media@cn.ca | (514) 399-0052 investor.relations@cn.ca |
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