Canadian National Railway Company announced that its Board of Directors has approved a 16% increase in the Company's cash dividend. With this increase, the Company's dividend on an annualized basis is CAD 1.00 per common share. A quarterly dividend of twenty-five cents (CAD 0.25) per common share will be paid on March 31, 2014, to shareholders of record at the close of business on March 10, 2014.