CN Rail: dividend increases keep chugging

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CDN Stocks

CN Rail (TSX: CNR) is the largest Canadian railway carrier; increased dividend by 10% in January, CN Rail has hiked it’s dividend every year since they went public in the late 90’s; CEO expects annual double digit earnings growth over next 5 years; strong economic tail winds, but near-term exposure to NAFTA outcome. Easily one of the best companies in Canada and an excellent company to add to any diversified portfolio for a long-term hold.

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