With Canadian National Railway Company (TSX:CNR)(NYSE:CNI) hitting new highs and Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) approaching them, investors in both companies should wonder if it's time to sell and go home.
Looking at the universe of stocks we cover at Dividend Channel, on 9/7/16, General Cable Corp. (NYSE: BGC), FedEx Corp (NYSE: FDX), and Canadian National Railway Co. (NYSE: CNI) will all trade ex-dividend for their respective upcoming dividends.
Canadian National Railway logo Shares of Canadian National Railway Co. (NYSE:CNI) have been given an average recommendation of “Hold” by the twenty-six brokerages that are currently covering the company.
... Nadeem Velani told a Morgan Stanley conference in Laguna, Calif. Velani has worked with CEO Hunter Harrison and chief operating officer Keith Creel for more than a decade, first at Canadian National Railway Co. and then at CP, which he joined in 2013.
CN still has to compete with truckers and other railways on some destinations, so it is constantly looking for ways to make the company more efficient. Management appears to be doing a great job. The company reported a record-low operating ratio of 54 ...