EU and US could reach trade deal this weekend - Reuters
MONTREAL - Canadian National Railway (TSX:CNR) (NYSE:CNI) announced Tuesday its Board of Directors has approved a quarterly dividend of C$0.8875 per common share for the third quarter of 2025.
The dividend will be paid on September 29, 2025, to shareholders of record at the close of business on September 8, 2025, according to a company press release.
CN operates a nearly 20,000-mile rail network connecting Canada’s eastern and western coasts with the U.S. Midwest and Gulf Coast. The company transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America annually. With a market capitalization of $63 billion and impressive gross profit margins of 54.8%, CN has established itself as a prominent player in the Ground Transportation industry.
The Montreal-based railway has been in operation since 1919 and currently employs approximately 20,000 people across its network. According to InvestingPro’s Fair Value analysis, the stock appears slightly undervalued while trading near its 52-week low, presenting a potential opportunity for value investors.
In other recent news, Canadian National Railway has announced a series of significant investments as part of its 2025 capital investment program. The company plans to invest approximately $75 million in Mississippi, $30 million in Tennessee, and $20 million in Indiana. These investments will focus on track maintenance, infrastructure improvements, and upgrading rolling stock to ensure the safe movement of goods and support sustainable growth across its network. Additionally, Canadian National Railway appointed Janet Drysdale as interim Chief Commercial Officer following the departure of Remi G. Lalonde. Drysdale brings nearly 30 years of experience with the company, having served in various executive roles. In a separate development, Raymond James upgraded Canadian National Railway’s stock rating from Market Perform to Outperform, citing an improved business outlook. The firm also raised its price target, reflecting a more positive valuation of the railway operator’s prospects. These developments highlight Canadian National Railway’s ongoing efforts to enhance its operations and strategic positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.