CN Declares Third-Quarter 2024 Dividend
Rhea-AI Summary
CN (TSX: CNR) (NYSE: CNI) has announced its third-quarter 2024 dividend. The company's Board of Directors has approved a quarterly dividend of C$0.8450 per common share. This dividend will be paid on September 27, 2024, to shareholders of record at the close of business on September 6, 2024. The announcement demonstrates CN's commitment to providing regular returns to its shareholders, maintaining its dividend payment schedule.
Positive
- Consistent dividend payment indicates financial stability
- Quarterly dividend of C$0.8450 per share provides income for shareholders
Negative
- None.
News Market Reaction
On the day this news was published, CNI declined 3.48%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MONTREAL, July 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-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 |
FAQ
What is the amount of CN's third-quarter 2024 dividend?
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