A new series of posts starting on sethchang.ca will be a series called Featured Dividends!
Each post will highlight on one of the newest interesting additions to Seth Chang’s Dividend Aristocrat Portfolio.
(This was originally published in the May 2018 version of The Dividend Growth Newsletter. It is available here.)
Today’s newest contender in our series of Featured Dividends is the Canadian National Railway (TSX:CNR).
The Canadian National Railway Company (abbr. CNR but aka CN) is Canada’s largest railway and Canada’s only transcontinental railway company. CNR serves Canada and the midwestern and southern United States. CNR is classified as a Class I freight railway and is headquartered in Montreal, QC.
Many of us know CNR from the CN Tower in Toronto, which they built, and also which held the record for the world’s tallest free-standing structure for 32 years from 1975–2007.
In recent news, CNR is tackling its recent capacity challenges by focusing on expanding rail infrastructure in Manitoba, Saskatchewan, Alberta and British Columbia.