Canadian National Railway Company to Issue Quarterly Dividend of C$0.92 (NYSE:CNI)
CN said strong grain, fertilizer and chemical shipments helped lift second-quarter results and prompted a higher full-year earnings and traffic forecast.
- On Friday, Canadian National Railway reported second-quarter revenue of $4.75 billion, an 11% increase, and raised its full-year guidance forecasting mild volume growth for 2026.
- Executives noted resilience despite recent wildfires in northwestern Ontario that forced temporary track closures; Chief Operating Officer Patrick Whitehead confirmed the railway expects no significant business impact.
- Adjusted earnings reached $2.08 per diluted share, outpacing analyst expectations of $1.96, as grain, fertilizer, and petroleum shipments drove strong results, accounting for 42% of freight revenue.
- Earlier this week, CN announced two agreements with Union Pacific Corp. to expand operating rights, including a new route to Mexico that mitigates concerns regarding Union Pacific's proposed acquisition of Norfolk Southern Corp.
- While President Donald Trump threatened 50% levies on certain goods starting Aug. 19, CEO Tracy Robinson stated the railway assumes current tariff levels will persist and hopes for a 'constructive agreement.
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13 Articles
Canadian National Railway Company to Issue Quarterly Dividend of C$0.92 (NYSE:CNI)
Canadian National Railway Company (NYSE:CNI) (TSE:CNR) announced a quarterly dividend on Friday, July 24th. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.915 per share by the transportation company on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th.
CN Rail Boosts Full-Year Outlook as Customers Navigate Tariffs
Rocky Mountain Outlook
Western InvestorCN says wildfires, tariff threats no barrier to growth as railway ups earnings target
MONTREAL — Canadian National Railway Co.
CN announces that its second quarter earnings and revenues have both increased compared to last year, and the railway company has increased its forecast for the year as a whole.
The Toronto Star
Canadian National Railway Co. reports Q2 profit up from year ago, raises guidance
MONTREAL - Canadian National Railway Co. reported that its second-quarter profit and revenue both rose compared with a year ago, and it raised its guidance for the full year.
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