Canadian National Railway (TSE:CNR – Get Rating) (NYSE:CNI) Senior Officer Donald K. Reardon sold 9,280 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of C$168.25, for a total value of C$1,561,341.33. Following the completion of the transaction, the insider now directly owns 20,531 shares of the company’s stock, valued at approximately C$3,454,299.44.
Canadian National Railway Stock Up 0.3 %
Shares of CNR traded up C$0.45 during trading hours on Thursday, reaching C$169.14. The stock had a trading volume of 234,753 shares, compared to its average volume of 1,239,620. Canadian National Railway has a 12 month low of C$137.26 and a 12 month high of C$171.48. The firm has a 50-day simple moving average of C$157.04 and a 200 day simple moving average of C$152.99. The company has a current ratio of 1.01, a quick ratio of 0.58 and a debt-to-equity ratio of 71.59. The company has a market capitalization of C$114.66 billion and a price-to-earnings ratio of 23.23.
Canadian National Railway Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. Investors of record on Thursday, December 8th will be issued a $0.733 dividend. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.73. This represents a $2.93 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Wednesday, December 7th. Canadian National Railway’s dividend payout ratio (DPR) is currently 37.02%.
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About Canadian National Railway
Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.
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