Canadian National Railway Company (CNI) Dividend History
CNI latest dividend
The next dividend has not been announced yet.
- 29 yearsof dividend increases
- 1996paying since
- Quarterly4 payments a year
- +7.9%5-year growth a year
- 2.12%forward yield
CNI dividend income calculator
- Dividend income a year
- $258
- Each payment
- $64
- Value of the shares
- $12,179
- Dividend yield
- 2.12%
At the latest close; forward annual dividend $2.58 per share, before tax.
CNI dividends per share by year
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
CNI dividend safety
Descriptive bands, not a rating.
CNI yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $95.68 | 2.70% | $2.65 | 2.8% |
| 3 years ago | $105.38 | 2.45% | $7.60 | 7.2% |
| 5 years ago | $123.53 | 2.09% | $12.07 | 9.8% |
| 10 years ago | $66.95 | 3.85% | $19.87 | 29.7% |
| 20 years ago | $22.46 | 11.49% | $26.70 | 118.9% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
CNI dividend payments
Each bar is one payment, by ex-dividend month (last 40 payments).
CNI dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.56 | +3.8% | 2.59% | 4 |
| 2024 | $2.46 | +6.0% | 2.43% | 4 |
| 2023 | $2.32 | +3.4% | 1.85% | 4 |
| 2022 | $2.25 | +13.9% | 1.89% | 4 |
| 2021 | $1.97 | +13.0% | 1.61% | 4 |
| 2020 | $1.75 | +8.0% | 1.59% | 4 |
| 2019 | $1.61 | +16.1% | 1.79% | 4 |
| 2018 | $1.39 | +9.1% | 1.88% | 4 |
| 2017 | $1.27 | +11.0% | 1.55% | 4 |
| 2016 | $1.15 | +18.7% | 1.70% | 4 |
| 2015 | $0.97 | +7.0% | 1.73% | 4 |
| 2014 | $0.91 | +9.9% | 1.31% | 4 |
| 2013 | $0.82 | +10.2% | 1.44% | 4 |
| 2012 | $0.75 | +13.8% | 1.64% | 4 |
| 2011 | $0.66 | +25.4% | 1.67% | 4 |
| 2010 | $0.52 | +17.5% | 1.58% | 4 |
| 2009 | $0.45 | +2.8% | 1.64% | 4 |
| 2008 | $0.43 | +10.4% | 2.36% | 4 |
| 2007 | $0.39 | +36.5% | 1.67% | 4 |
| 2006 | $0.29 | — | 1.34% | 4 |
CNI dividend history
123 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-08 | 2026-09-29 | $0.663 | +0.3% | Quarterly |
| 2026-06-09 | 2026-06-30 | $0.661 | −1.9% | Quarterly |
| 2026-03-10 | 2026-03-31 | $0.674 | +3.7% | Quarterly |
| 2025-12-09 | 2025-12-30 | $0.65 | +1.2% | Quarterly |
| 2025-09-08 | 2025-09-29 | $0.642 | −0.9% | Quarterly |
| 2025-06-09 | 2025-06-30 | $0.648 | +5.0% | Quarterly |
| 2025-03-10 | 2025-03-31 | $0.617 | +3.4% | Quarterly |
| 2024-12-09 | 2024-12-30 | $0.597 | −4.6% | Quarterly |
| 2024-09-06 | 2024-09-27 | $0.626 | +1.3% | Quarterly |
| 2024-06-07 | 2024-06-28 | $0.618 | −0.6% | Quarterly |
| 2024-03-06 | 2024-03-28 | $0.622 | +7.1% | Quarterly |
| 2023-12-06 | 2023-12-28 | $0.581 | +0.3% | Quarterly |
| 2023-09-07 | 2023-09-29 | $0.579 | −2.0% | Quarterly |
| 2023-06-08 | 2023-06-30 | $0.591 | +3.1% | Quarterly |
| 2023-03-09 | 2023-03-31 | $0.573 | +6.7% | Quarterly |
| 2022-12-07 | 2022-12-29 | $0.537 | −3.6% | Quarterly |
Show all 123 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-07 | 2022-09-29 | $0.557 | −4.8% | Quarterly |
| 2022-06-08 | 2022-06-30 | $0.585 | +3.0% | Quarterly |
| 2022-03-09 | 2022-03-31 | $0.568 | +16.9% | Quarterly |
| 2021-12-08 | 2021-12-30 | $0.486 | −1.0% | Quarterly |
| 2021-09-07 | 2021-09-29 | $0.491 | −3.5% | Quarterly |
| 2021-06-08 | 2021-06-30 | $0.509 | +4.7% | Quarterly |
| 2021-03-09 | 2021-03-31 | $0.486 | +8.2% | Quarterly |
| 2020-12-08 | 2020-12-30 | $0.449 | +2.3% | Quarterly |
| 2020-09-08 | 2020-09-30 | $0.439 | +2.6% | Quarterly |
| 2020-06-08 | 2020-06-30 | $0.428 | −0.2% | |
| 2020-03-09 | 2020-03-31 | $0.429 | +5.1% | Quarterly |
| 2019-12-06 | 2019-12-30 | $0.408 | +0.5% | Quarterly |
| 2019-09-06 | 2019-09-30 | $0.406 | +1.2% | Quarterly |
| 2019-06-06 | 2019-06-28 | $0.401 | +0.2% | Quarterly |
| 2019-03-07 | 2019-03-29 | $0.4 | +17.3% | Quarterly |
| 2018-12-06 | 2018-12-28 | $0.341 | −1.2% | Quarterly |
| 2018-09-06 | 2018-09-28 | $0.345 | −2.0% | Quarterly |
| 2018-06-07 | 2018-06-29 | $0.352 | −0.3% | Quarterly |
| 2018-03-07 | 2018-03-29 | $0.353 | +9.3% | Quarterly |
| 2017-12-07 | 2017-12-29 | $0.323 | −4.2% | Quarterly |
| 2017-09-07 | 2017-09-29 | $0.337 | +9.8% | Quarterly |
| 2017-06-07 | 2017-06-30 | $0.307 | −0.3% | Quarterly |
| 2017-03-08 | 2017-03-31 | $0.308 | +9.2% | Quarterly |
| 2016-12-07 | 2016-12-30 | $0.282 | −3.4% | Quarterly |
| 2016-09-07 | 2016-09-30 | $0.292 | −0.3% | Quarterly |
| 2016-06-07 | 2016-06-30 | $0.293 | +3.9% | Quarterly |
| 2016-03-08 | 2016-03-31 | $0.282 | +22.1% | Quarterly |
| 2015-12-08 | 2015-12-31 | $0.231 | −2.5% | Quarterly |
| 2015-09-04 | 2015-09-30 | $0.237 | −5.2% | Quarterly |
| 2015-06-05 | 2015-06-30 | $0.25 | — | Quarterly |
| 2015-03-06 | 2015-03-31 | $0.25 | +14.2% | Quarterly |
| 2014-12-08 | 2014-12-31 | $0.219 | −4.8% | Quarterly |
| 2014-09-05 | 2014-09-30 | $0.23 | +0.4% | Quarterly |
| 2014-06-05 | 2014-06-30 | $0.229 | +0.9% | Quarterly |
| 2014-03-06 | 2014-03-31 | $0.227 | +12.4% | Quarterly |
| 2013-12-06 | 2013-12-31 | $0.202 | −1.5% | Quarterly |
| 2013-09-05 | 2013-09-30 | $0.205 | −1.4% | Quarterly |
| 2013-06-05 | 2013-06-28 | $0.208 | −0.2% | Quarterly |
| 2013-03-05 | 2013-03-28 | $0.2085 | +10.6% | Quarterly |
| 2012-12-06 | 2012-12-31 | $0.1885 | −1.0% | Quarterly |
| 2012-09-05 | 2012-09-28 | $0.1905 | +5.8% | Quarterly |
| 2012-06-06 | 2012-06-29 | $0.18 | −4.3% | Quarterly |
| 2012-03-07 | 2012-03-30 | $0.188 | +17.9% | Quarterly |
| 2011-12-07 | 2011-12-30 | $0.1595 | −2.7% | Quarterly |
| 2011-09-07 | 2011-09-30 | $0.164 | −0.9% | Quarterly |
| 2011-06-07 | 2011-06-30 | $0.1655 | −1.2% | Quarterly |
| 2011-03-08 | 2011-03-31 | $0.1675 | +24.5% | Quarterly |
| 2010-12-08 | 2010-12-31 | $0.1345 | +5.1% | Quarterly |
| 2010-09-07 | 2010-09-30 | $0.128 | −1.5% | Quarterly |
| 2010-06-07 | 2010-06-30 | $0.13 | −0.8% | Quarterly |
| 2010-03-08 | 2010-03-31 | $0.131 | +10.1% | Quarterly |
| 2009-12-08 | 2009-12-31 | $0.119 | +3.9% | Quarterly |
| 2009-09-04 | 2009-09-30 | $0.1145 | +0.4% | Quarterly |
| 2009-06-05 | 2009-06-30 | $0.114 | +16.3% | Quarterly |
| 2009-03-06 | 2009-03-31 | $0.098 | +10.1% | Quarterly |
| 2008-12-08 | 2008-12-31 | $0.089 | −22.3% | Quarterly |
| 2008-09-05 | 2008-09-30 | $0.1145 | +0.4% | Quarterly |
| 2008-06-05 | 2008-06-30 | $0.114 | −1.7% | Quarterly |
| 2008-03-06 | 2008-03-31 | $0.116 | +10.5% | Quarterly |
| 2007-12-06 | 2007-12-31 | $0.105 | +5.5% | Quarterly |
| 2007-09-05 | 2007-09-28 | $0.0995 | +0.5% | Quarterly |
| 2007-06-06 | 2007-06-29 | $0.099 | +11.2% | Quarterly |
| 2007-03-07 | 2007-03-30 | $0.089 | +25.4% | Quarterly |
| 2006-12-06 | 2006-12-29 | $0.071 | −3.4% | Quarterly |
| 2006-09-06 | 2006-09-29 | $0.0735 | +2.8% | Quarterly |
| 2006-06-07 | 2006-06-30 | $0.0715 | — | Quarterly |
| 2006-03-08 | 2006-03-31 | $0.0715 | +34.9% | Quarterly |
| 2005-12-07 | 2005-12-30 | $0.053 | −15.2% | Quarterly |
| 2005-09-07 | 2005-09-30 | $0.0625 | — | Quarterly |
| 2005-06-07 | 2005-06-30 | $0.0625 | — | Quarterly |
| 2005-03-08 | 2005-03-31 | $0.0625 | +28.2% | Quarterly |
| 2004-12-08 | 2004-12-31 | $0.0488 | +30.0% | Quarterly |
| 2004-09-08 | 2004-09-30 | $0.0375 | −23.1% | Quarterly |
| 2004-06-07 | 2004-06-30 | $0.0488 | — | Quarterly |
| 2004-03-04 | 2004-03-29 | $0.0488 | +17.0% | Quarterly |
| 2003-12-04 | 2003-12-29 | $0.0417 | — | Quarterly |
| 2003-09-05 | 2003-09-30 | $0.0417 | — | Quarterly |
| 2003-06-05 | 2003-06-30 | $0.0417 | — | Quarterly |
| 2003-03-06 | 2003-03-31 | $0.0417 | +16.3% | Quarterly |
| 2002-12-04 | 2002-12-27 | $0.0358 | — | Quarterly |
| 2002-09-04 | 2002-09-27 | $0.0358 | — | Quarterly |
| 2002-06-05 | 2002-06-28 | $0.0358 | — | Quarterly |
| 2002-03-06 | 2002-03-28 | $0.0358 | +10.2% | Quarterly |
| 2001-12-05 | 2001-12-28 | $0.0325 | — | Quarterly |
| 2001-09-05 | 2001-09-28 | $0.0325 | — | Quarterly |
| 2001-06-05 | 2001-06-28 | $0.0325 | — | Quarterly |
| 2001-03-06 | 2001-03-29 | $0.0325 | +11.4% | Quarterly |
| 2000-12-06 | 2000-12-29 | $0.0292 | — | Quarterly |
| 2000-09-05 | 2000-09-28 | $0.0292 | — | Quarterly |
| 2000-06-05 | 2000-06-28 | $0.0292 | — | Quarterly |
| 2000-03-02 | 2000-03-27 | $0.0292 | +16.7% | Quarterly |
| 1999-12-06 | 1999-12-29 | $0.025 | — | |
| 1999-09-02 | 1999-09-27 | $0.025 | — | Quarterly |
| 1999-06-04 | 1999-06-29 | $0.025 | — | Quarterly |
| 1999-03-03 | 1999-03-25 | $0.025 | +13.2% | Quarterly |
| 1998-12-04 | 1998-12-30 | $0.0221 | — | Quarterly |
| 1998-09-03 | 1998-09-28 | $0.0221 | — | Quarterly |
| 1998-06-04 | 1998-06-29 | $0.0221 | — | Quarterly |
| 1998-03-04 | 1998-03-26 | $0.0221 | +15.2% | Quarterly |
| 1997-12-05 | 1997-12-22 | $0.0192 | — | Quarterly |
| 1997-09-04 | 1997-09-26 | $0.0192 | — | Quarterly |
| 1997-06-05 | 1997-06-26 | $0.0192 | — | Quarterly |
| 1997-03-05 | 1997-03-26 | $0.0192 | +56.1% | Quarterly |
| 1996-12-05 | 1996-12-20 | $0.0123 | +0.7% | Quarterly |
| 1996-09-25 | 1996-10-04 | $0.0122 | −0.2% | Quarterly |
| 1996-06-11 | 1996-06-28 | $0.0122 | +0.5% | Quarterly |
| 1996-03-05 | 1996-03-31 | $0.0122 | — | Quarterly |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
CNI stock split history
- 2:1December 2, 2013
- 2:1March 1, 2006
- 3:2March 1, 2004
- 2:1September 28, 1999
CNI dividend overview
Canadian National Railway pays an annual dividend of $2.58 per share, a yield of 2.12% at the latest close, paid quarterly. It paid $2.56 per share in 2025, up 3.8% from 2024. It has raised its dividend for 29 consecutive years. Over five years the dividend grew 7.9% a year on average and over ten years 10.2% a year. The payout ratio is 36.7% of trailing earnings.
Related: CNI chart. See the CNI stock overview for the latest quote and news.
CNI dividends FAQ
Does Canadian National Railway pay a dividend?
Yes. Canadian National Railway has paid a regular dividend since 1996, quarterly, most recently $0.66 per share with an ex-dividend date of September 8, 2026.
What is Canadian National Railway's dividend yield?
Canadian National Railway's forward annual dividend is $2.58 per share, a dividend yield of 2.12% at the latest close of $121.79.
How often does Canadian National Railway pay dividends?
Canadian National Railway pays dividends quarterly.
How fast is Canadian National Railway's dividend growing?
Canadian National Railway's dividend per share grew from $1.75 in 2020 to $2.56 in 2025, 7.9% a year on average over five years; it has increased for 29 years in a row.
What is Canadian National Railway's dividend payout ratio?
Canadian National Railway pays out 36.7% of its trailing earnings as dividends and 65.1% of its free cash flow (fiscal 2025).
Has Canadian National Railway split its stock?
Canadian National Railway has split its stock 4 times: 2:1 on December 2, 2013, 2:1 on March 1, 2006, 3:2 on March 1, 2004, 2:1 on September 28, 1999. Dividends per share on this page are adjusted for splits.