CNI's Shareholder-Friendly Stance Aids Amid Cost & Liquidity Woes

Canadian National Railway’s (CNI) efforts to reward its shareholders through dividends and buybacks are encouraging. However, high operating costs and low liquidity are major concerns.Factors Favoring CNIAs a reflection of its shareholder-friendly stance, CNI paid dividends of C$2 billion, C$2.07 billion and C$2.14 billion in 2022, 2023 and 2024, respectively. The railroad operator is also active on the buyback front. The company repurchased shares worth C$4.71 billion, C$4.55 billion and C$2.6 billion in 2 ...