Canadian National Railway Company (CNI) Dividends
Dividend Yield and Dividend History Highlights
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that CNI has less fluctuation in its price than 97.96% of stocks we're observing.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CNI's price: EYE, CRI, EXR, GOL and MSCI.
CNI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $115.74 | $105.19 | -15.41% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for CNI, the DDM model, as implemented by StockNews, implies a negative return of 15.41% relative to its current price. Digging deeper, the aspects of Canadian National Railway Co's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Industrials sector, the expected return of -15.41%, based on the stock's current share price and target price based on a dividend discount model, is greater than 80.87% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, CNI has a discount rate lower than 80.87% of them (a lower discount rate is associated with lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for CNI than it is for 84.35% of other equities in the Industrials sector that also issue dividends.
CNI Dividend Chart
CNI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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CNI Dividends vs. Peers
CNI's dividend yield currently ranks #7 of 20 vs. its peers in the Railroads category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | TRN | Trinity Industries, Inc. | 3.05% |
| 2 | GBX | Greenbrier Companies, Inc. (The) | 2.50% |
| 3 | ARII | American Railcar Industries, Inc. | 2.28% |
| 4 | GATX | GATX Corporation | 2.28% |
| 5 | UNP | Union Pacific Corp. | 2.12% |
| 6 | NSC | Norfolk Southern Corporation | 1.80% |
| 7 | CNI | Canadian National Railway Company | 1.67% |
| 8 | WJRYY | West Japan Railway Company | 1.39% |
| 9 | CSX | CSX Corporation | 1.22% |
| 10 | CP | Canadian Pacific Railway Limited | 0.96% |
| 11 | KSU | Kansas City Southern | 0.80% |
| 12 | WAB | Westinghouse Air Brake Technologies Corporation | 0.54% |
| 13 | CJPRY | Central Japan Railway Company | 0.54% |
| 14 | GWR | Genesee & Wyoming Inc. | 0.00% |
| 15 | KIQ | Kelso Technologies Inc Ordinary Shares | 0.00% |
| 16 | RAIL | Freightcar America, Inc. | 0.00% |
| 17 | GSHHY | Guangshen Railway Company Limited | 0.00% |
| 18 | EJPRY | East Japan Railway Company | 0.00% |
| 19 | CDGLY | ComfortDelGro Corporation Limited | 0.00% |
| 20 | MTCPY | MTR Corporation Limited | 0.00% |
Looking for More Information on CNI dividends?
Want to do more research on Canadian National Railway Co's dividends? Try the links below:Canadian National Railway Co Common Stock (CNI) Dividend History | Nasdaq
Dividend History for Canadian National Railway Co (CNI) - Dividend Investor
Canadian National Railway Co (CNI) Dividend History - Seeking Alpha