Canadian National Railway (CNI) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $2.62
- Forward yield
- 2.17%
- Payout ratio
- 46.9%
- Growth streak
- 5 years
Canadian National Railway pays a quarterly dividend. The most recent payment of $0.65 per share had an ex-date of September 8, 2026 and was paid on September 29, 2026. Over the trailing twelve months, it paid $2.62 per share, a yield of about 2.20% at a share price of $118.94.
The per-share amount moves by a few cents between payments rather than in fixed steps, but the level has risen over time. Payments ranged from $0.54 to $0.58 in 2022 and from $0.61 to $0.65 in 2025, and the first two 2026 payments were $0.67, the highest in the table. Calendar-year totals rose from $2.26 in 2022 to $2.34 in 2023, $2.47 in 2024 and $2.53 in 2025, about 11.9% higher over three years. The source lists a growth streak of five years. The three 2026 payments so far total $1.99. Ex-dates fall in early March, June, September and December, with payment about three weeks later.
If the pattern holds, the next payment would go ex-dividend in early December 2026 and be paid around the end of the month.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 23, 2026 | Sep 8, 2026 | Sep 29, 2026 | $0.65 |
| Apr 28, 2026 | Jun 9, 2026 | Jun 30, 2026 | $0.67 |
| Jan 30, 2026 | Mar 10, 2026 | Mar 31, 2026 | $0.67 |
| Oct 31, 2025 | Dec 9, 2025 | Dec 30, 2025 | $0.63 |
| Jul 22, 2025 | Sep 8, 2025 | Sep 29, 2025 | $0.65 |
| May 1, 2025 | Jun 9, 2025 | Jun 30, 2025 | $0.64 |
| Jan 30, 2025 | Mar 10, 2025 | Mar 31, 2025 | $0.61 |
| Oct 22, 2024 | Dec 9, 2024 | Dec 30, 2024 | $0.61 |
| Jul 23, 2024 | Sep 6, 2024 | Sep 27, 2024 | $0.61 |
| Apr 23, 2024 | Jun 7, 2024 | Jun 28, 2024 | $0.62 |
| Jan 23, 2024 | Mar 6, 2024 | Mar 28, 2024 | $0.63 |
| Oct 24, 2023 | Dec 6, 2023 | Dec 28, 2023 | $0.57 |
| Jul 25, 2023 | Sep 7, 2023 | Sep 29, 2023 | $0.60 |
| Apr 24, 2023 | Jun 8, 2023 | Jun 30, 2023 | $0.58 |
| Jan 24, 2023 | Mar 9, 2023 | Mar 31, 2023 | $0.59 |
| Oct 25, 2022 | Dec 7, 2022 | Dec 29, 2022 | $0.54 |
| Jul 26, 2022 | Sep 7, 2022 | Sep 29, 2022 | $0.57 |
| Apr 26, 2022 | Jun 8, 2022 | Jun 30, 2022 | $0.57 |
| Jan 25, 2022 | Mar 9, 2022 | Mar 31, 2022 | $0.58 |
| Oct 19, 2021 | Dec 8, 2021 | Dec 30, 2021 | $0.50 |
Frequently asked questions
Does Canadian National Railway (CNI) pay a dividend?
Yes. Canadian National Railway pays a quarterly dividend; the most recent payment was $0.65 per share.
What is CNI's dividend yield?
Canadian National Railway paid $2.62 per share over the trailing twelve months, a yield of 2.17% at the last price of $120.74. Click here to learn more
When is CNI's most recent ex-dividend date?
Canadian National Railway's most recent ex-dividend date is Sep 8, 2026, payable on Sep 29, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has CNI been raising its dividend?
Yes — Canadian National Railway has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.