Canadian National Railway (TSE:CNR) Senior Officer Janet Drysdale Sells 1,400 Shares
Canadian National Railway (TSE:CNR) (NYSE:CNI) Senior Officer Janet Drysdale sold 1,400 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of C$130.35, for a total transaction of C$182,490.98. Following the sale, the insider now owns 13,389 shares of the company’s stock, valued at C$1,745,265.52.
TSE:CNR opened at C$130.84 on Friday. Canadian National Railway has a 12 month low of C$92.01 and a 12 month high of C$132.17. The firm has a market cap of $93.12 billion and a price-to-earnings ratio of 25.90. The company has a quick ratio of 0.53, a current ratio of 0.97 and a debt-to-equity ratio of 77.22. The company’s 50 day moving average is C$122.87 and its 200-day moving average is C$117.46.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th will be given a $0.575 dividend. This represents a $2.30 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Tuesday, September 8th. Canadian National Railway’s dividend payout ratio is 44.04%.
About Canadian National Railway
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
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