CN Declares Fourth-Quarter 2024 Dividend
CN has announced its fourth-quarter 2024 dividend approval by the Board of Directors.
Sentiment and the balance of points
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Rhea-AI Summary
CN has announced its fourth-quarter 2024 dividend approval by the Board of Directors. Shareholders of record as of December 9, 2024, will receive a quarterly dividend of C$0.8450 per common share, payable on December 30, 2024. This dividend declaration demonstrates CN's commitment to returning value to its shareholders and reflects the company's financial stability. The announcement provides important information for current and potential investors regarding the upcoming dividend payment and relevant dates.
Positive
- Dividend payment of C$0.8450 per common share
- Consistent dividend payout indicates financial stability
- Demonstrates commitment to shareholder value
Negative
- None.
Details
News Market Reaction – CNI
The recorded move for CNI in the trading session of this news was -0.22%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTREAL, Oct. 22, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a fourth-quarter 2024 dividend on the Company’s common shares outstanding. A quarterly dividend of eighty-four and a half cents (C
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
| Contacts: | |
| Media | Investment Community |
| Jonathan Abecassis | Stacy Alderson |
| Director | Assistant Vice-President |
| Public Affairs and Media Relations | Investor Relations |
| (438) 455-3692 | (514) 399-0052 |
| media@cn.ca | investor.relations@cn.ca |
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