CN’s Board approved a C$0.9150 dividend for Q3 2026, payable September 29 to eligible shareholders.
Quiver AI Summary
CN has announced a quarterly dividend of C$0.9150 per common share, which will be paid on September 29, 2026, to shareholders who are on record by September 8, 2026. This decision was approved by the company's Board of Directors. CN plays a significant role in the economy by utilizing its extensive rail network to safely transport over 300 million tons of goods across North America each year, facilitating trade and contributing to the prosperity of the communities it serves since its establishment in 1919.
Potential Positives
- The announcement of a quarterly dividend indicates financial stability and a commitment to returning value to shareholders.
- The approved dividend amount of C$0.9150 per share reflects a positive performance outlook for the company.
- This action is likely to enhance investor confidence and attract potential investors looking for dividends.
- The press release highlights CN's significant role in sustaining North American trade, reinforcing its importance in the economy.
Potential Negatives
- Announcement of a dividend may indicate that the company is prioritizing shareholder returns over reinvestment in business operations, which could raise concerns about future growth potential.
- The specific amount of the dividend may imply a lack of significant profits or financial flexibility to increase shareholder value, potentially signaling financial strain.
- Details on the company's performance or challenges were absent, leaving stakeholders with uncertainties about the overall health and future prospects of the company.
FAQ
What is the CN dividend announcement for the third quarter of 2026?
CN has announced a quarterly dividend of C$0.9150 per common share for Q3 2026.
When will the CN dividend be paid to shareholders?
The dividend will be paid on September 29, 2026, to shareholders of record on September 8, 2026.
How does CN contribute to the economy?
CN transports over 300 million tons of goods, enhancing sustainable trade and economic prosperity in North America.
What is the extent of CN's rail network?
CN operates a nearly 20,000-mile rail network connecting Canada’s East and West coasts with the U.S. Midwest and Gulf Coast.
When was CN established?
CN has been operating since 1919, providing key transportation services across North America.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CNI Hedge Fund Activity
We have seen 334 institutional investors add shares of $CNI stock to their portfolio, and 323 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL INTERNATIONAL INVESTORS removed 8,473,655 shares (-85.4%) from their portfolio in Q1 2026, for an estimated $870,837,524
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 6,834,049 shares (-64.6%) from their portfolio in Q1 2026, for an estimated $702,335,215
- CAISSE DE DEPOT ET PLACEMENT DU QUEBEC added 4,889,251 shares (+35.2%) to their portfolio in Q1 2026, for an estimated $502,468,325
- WELLINGTON MANAGEMENT GROUP LLP added 2,207,383 shares (+23.7%) to their portfolio in Q1 2026, for an estimated $226,852,750
- PINESTONE ASSET MANAGEMENT INC. added 2,034,355 shares (+inf%) to their portfolio in Q2 2026, for an estimated $242,576,490
- QUADRATURE CAPITAL LTD removed 1,809,305 shares (-80.0%) from their portfolio in Q1 2026, for an estimated $185,942,274
- DEUTSCHE BANK AG\ removed 1,792,982 shares (-19.9%) from their portfolio in Q1 2026, for an estimated $184,264,760
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CNI Analyst Ratings
Wall Street analysts have issued reports on $CNI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 02/02/2026
To track analyst ratings and price targets for $CNI, check out Quiver Quantitative's $CNI forecast page.
$CNI Price Targets
Multiple analysts have issued price targets for $CNI recently. We have seen 9 analysts offer price targets for $CNI in the last 6 months, with a median target of $134.0.
Here are some recent targets:
- Ariel Rosa from Citigroup set a target price of $141.0 on 07/09/2026
- Christian Wetherbee from Wells Fargo set a target price of $135.0 on 07/08/2026
- Jonathan Chappell from Evercore ISI Group set a target price of $124.0 on 06/25/2026
- Kevin Chiang from CIBC set a target price of $185.0 on 06/25/2026
- Brandon Oglenski from Barclays set a target price of $109.0 on 06/25/2026
- Ken Hoexter from B of A Securities set a target price of $134.0 on 06/23/2026
- Walter Spracklin from RBC Capital set a target price of $178.0 on 04/30/2026
Full Release
MONTREAL, July 24, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2026 dividend on the Company’s common shares outstanding. A quarterly dividend of ninety-one and a half cents (C$0.9150) per common share will be paid on September 29, 2026, to shareholders of record at the close of business on September 8, 2026.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
| Contacts: | |
| Media | Investment Community |
| Ashley Michnowski | Jamie Lockwood |
| Senior Manager | Vice-President, Investor Relations |
| Media Relations | and Special Projects |
| (438) 596-4329 | (514) 399-0052 |
| [email protected] | [email protected] |
