Hi everyone today I thought I would share my first dividend increase of 2021 with you. On January 26th after the markets closed Canadian National Railway released their recent earnings. In the earnings release the company announced a 7% increase to their quarterly dividend, this marks the 25th consecutive year that the company has raised the dividend.
Canadian National Railway is currently a small holding of mine as I currently hold 26 shares, over time I would like to increase this. With this announcement the dividend is being raised to $0.6150 per quarter, this will increase my income by $1.04 quarterly and $4.16 annually.
Do you own Canadian National Railway? If so congrats on the raise!
Thanks for reading!
Matthew
Oh wow…I didn’t even realize that I got a raise as I had been paying attention to the GME shenanigans. I only have 4 shares of CNR, but had been meaning to build out this position. Either way…congrats on the raise.
LikeLiked by 1 person
Thanks and congrats on your raise as well.
LikeLiked by 1 person
That’s good to know since I am as well a shareholder! Thanks for sharing Matthew!
LikeLiked by 1 person
You’re welcome and congratulations to you on the raise!
LikeLiked by 1 person
Yay for the raise! Congrats to everyone holding shares!
LikeLiked by 2 people
Congrats !
LikeLiked by 1 person
[…] checking in with some dividend investor pals here’s Matthew with his first dividend increase of 2021. That increase was delivered by rail. You can also see what Matt was up to for the month of […]
LikeLiked by 1 person