Canadian National Railway Co (CNI) Raises Quarterly Dividend 15% to Cnd$0.375; 1.9% Yield

January 24, 2012 8:03 AM EST
Canadian National Railway Co (NYSE: CNI) declared a quarterly dividend of C$0.375 per share, or $1.5 annualized. This is a 15% increase from the prior dividend.

The dividend will be payable on March 30, 2012, to stockholders of record on March 9, 2012, with an ex-dividend date of March 7, 2012.

The annual yield on the dividend is 1.9 percent.

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