Canadian National Railway (NYSE:CNI) (TSE:CNR) declared a quarterly dividend on Tuesday, October 22nd, Zacks reports. Investors of record on Monday, December 9th will be paid a dividend of 0.406 per share by the transportation company on Monday, December 30th. This represents a $1.62 annualized dividend and a yield of 1.83%. The ex-dividend date is Friday, December 6th.
CNI stock traded up $0.58 during midday trading on Wednesday, reaching $88.80. The company’s stock had a trading volume of 14,481 shares, compared to its average volume of 935,514. The business’s 50-day simple moving average is $90.90 and its 200-day simple moving average is $91.42. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 0.65. Canadian National Railway has a 52 week low of $70.36 and a 52 week high of $96.49. The stock has a market cap of $65.36 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 2.04 and a beta of 1.01.
Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $1.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.27 by $0.39. Canadian National Railway had a return on equity of 24.36% and a net margin of 29.62%. The company had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter in the prior year, the business posted $1.50 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. As a group, equities analysts forecast that Canadian National Railway will post 4.55 earnings per share for the current fiscal year.
Canadian National Railway Company Profile
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
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