CN Invites Investors with Robust Dividend for Shareholders

CN Approves Second-Quarter Dividend for Shareholders
CN (NYSE: CNI, TSX: CNR) has made a significant announcement regarding the upcoming dividend that will benefit its shareholders. Recently, the Board of Directors gave the green light for a quarterly dividend that is set to enhance returns for those who hold shares of the company. This decision echoes the company's ongoing commitment to providing value to its investors.
The approved dividend stands at eighty-eight and three-quarter cents (C$0.8875) per common share, to be disbursed on June 30 to shareholders confirmed as of June 9. This timely decision is reflective of CN's strong financial performance and its strategy to reward shareholders who contribute to the company's success.
About CN and Its Role in North America's Economy
Established in 1919, CN has grown to be a vital player in the transportation sector. By operating an expansive rail network that stretches nearly 20,000 miles, CN is engaged in the safe and efficient movement of more than 300 million tons of various products across North America each year. This impressive volume underscores CN's integral role in the supply chain, as it connects the bustling economies of Canada’s Eastern and Western coasts, as well as the U.S. Midwest and Gulf Coast.
With a focus on sustaining trade, CN primarily transports natural resources, manufactured goods, and finished products. The company’s logistical excellence ensures that goods reach their destination efficiently, bolstering economic growth and fostering prosperity within the communities in which CN operates.
Commitment to Sustainable Operations
CN is dedicated to maintaining environmentally responsible practices in all its operations. By integrating forward-thinking strategies in its logistics and operations, the company not only aims to contribute to economic prosperity but also commits to minimizing its environmental footprint. CN's initiatives align with modern sustainability goals, emphasizing the transportation industry's responsibility in combating climate change.
Continued Growth and Expansion
Throughout the years, CN has consistently sought innovative ways to expand its services and infrastructure. The company focuses on enhancing customer experience while simultaneously optimizing operational efficiency. This growth strategy is instrumental in ensuring that CN remains competitive in a changing market landscape.
Key Contacts for Shareholder Inquiries
For those interested in seeking more information regarding CN's operations or its robust shareholder benefits, the company has a dedicated communications team. Potential queries can be directed toward:
Media Relations
Ashley Michnowski
Senior Manager
(438) 596-4329
media@cn.ca
Investor Relations
Stacy Alderson
Assistant Vice-President
(514) 399-0052
investor.relations@cn.ca
Frequently Asked Questions
What is the announced dividend for CN's second quarter?
CN's Board of Directors has approved a dividend of C$0.8875 per common share for the second quarter.
When will the dividend be paid?
The dividend will be paid on June 30 to shareholders of record as of June 9.
How does CN contribute to the economy?
CN plays a crucial role in the economy by efficiently transporting over 300 million tons of goods across North America each year.
What is CN's commitment to sustainability?
CN is dedicated to environmentally responsible operations and seeks to minimize its carbon footprint through innovative practices.
How can shareholders contact CN?
Shareholders can reach out through the Media Relations or Investor Relations contact numbers or emails provided.
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