Is the Canadian National Railway Making Money? - Market Mad House
In plain English, that means CN is hauling more freight but making less money from it. Such figures call the Microsoft founder’s faith in CN into serious question. The infrastructure and the relatively low price; $90.17 on July 26, 2018, make CN a partial value investment. Adding to the value was a dividend of 35.1¢ paid on June 29, 2018. That was down slightly from 35.2¢ paid on March 29, 2018, but still very respectable. The dividend has also grown significantly in the past year, it was just 30.6¢ on April 25, 2017.
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