(CN issued the following on January 22.)
MONTREAL — CN announced today that its Board of Directors has approved a 10 per cent increase in the Company’s quarterly cash dividend.
A quarterly dividend of 23 cents (C$0.23) per common share will be paid on March 31, 2008, to shareholders of record at the close of business on March 10, 2008.
Including today’s announcement, CN has increased its cash dividend 12 consecutive times since the Company’s initial public offering of shares in 1995.