Canadian National Railway (CNR.TO) (CNI) is the larger of the two Canadian railroad companies. The railroad company has a vast network and serves three coasts of North America with over 20,000 miles of tracks. The company is strategically well placed to move oil from Alberta, Bakken fields and to/from the refineries in the Gulf coast. A holding of Bill Gates’ Cascade Investments, this stock has made Mr. Gates and his investment firm very rich over the years. The company is a dividend contender having raised its dividend for 17 consecutive years, with a 5-yr dividend growth rate of 13.9% and 10-yr dividend growth rate of 17.4%.
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