CN's Third-Quarter Dividend Announcement
CN, recognized as a leader in rail transportation, has officially declared a quarterly dividend on its common shares outstanding. The Board of Directors has approved a dividend of eighty-eight and three-quarter cents (C$0.8875) per share. This dividend will reward shareholders for their trust and investment in the company.
Details of the Dividend Distribution
Shareholders of record will receive this dividend on September 29. It's worth noting that the cutoff date to be on the record is September 8. This regular dividend reflects CN's strong performance and commitment to delivering value to its investors.
About CN's Operations
Founded over a century ago, CN contributes significantly to the North American economy, transporting over 300 million tons of commodities and goods annually. The company operates a vast rail network stretching nearly 20,000 miles, effectively linking Canada’s East and West coasts with key destinations in the U.S. Midwest and Gulf Coast. By ensuring reliable and safe transportation, CN supports the prosperity of many communities.
CN’s Commitment to Sustainability and Growth
As an integral part of supply chains across North America, CN is not only focused on operational excellence but also on sustainable practices that promote environmental stewardship. The company continuously innovates its services to enhance efficiency while minimizing its ecological footprint. This focus on sustainability aligns with the growing expectations of shareholders and the communities it serves.
Investor Relations Contacts
For those interested in learning more about CN's corporate strategies, the investor relations team can be reached for inquiries. Key contacts include:
- Stacy Alderson, Assistant Vice-President, Investor Relations, (514) 399-0052, investor.relations@cn.ca
Media Inquiries
If you have media-related questions, please reach out to:
- Ashley Michnowski, Senior Manager, Media Relations, (438) 596-4329, media@cn.ca
Frequently Asked Questions
What is the dividend amount announced by CN?
CN has announced a dividend of C$0.8875 per common share for the third quarter.
When will shareholders receive their dividends?
The dividend will be paid on September 29 to shareholders on record as of September 8.
How does CN contribute to the economy?
CN transports over 300 million tons of goods across North America every year, boosting trade and supporting local economies.
What is CN’s commitment to sustainability?
CN is focused on operational efficiency and environmental stewardship, striving to reduce its carbon footprint while maintaining high service standards.
Who can I contact for investor relations inquiries?
For investor inquiries, reach out to Stacy Alderson at (514) 399-0052 or via email at investor.relations@cn.ca.
