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Canadian National Railway Dividend Stock Analysis
#2
Good article R2R. I read it this morning without looking at the author and agreed on most points.

Would be nice to see CNI crank out a doozy (50%) of a dividend bump as they could afford it but that's probably wishful thinking.

I've got current P/E at 22.9 and the previous 9 year avg P/E at 14.6 so it certainly seems expensive now. Nice run since 2004 as price is +450%

I have a 3/4 non core position in CNI but I tend to label myself a UNP man as I'm overweight there. Tough to add to either with such low yields.

I followed you on SA and I look forward to your future articles.

Edit: "Freight" is misspelled here: Transportation by rail is one of the most energy-efficient ways of moving goods. A ton of frieght can be moved 400-500 miles on a single gallon of diesel.
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RE: Canadian National Railway Dividend Stock Analysis - by rapidacid - 10-07-2014, 01:11 PM



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