The board of directors of Canadian National Railway Company approved a first-quarter 2020 dividend on the company's common shares outstanding. A quarterly dividend of fifty-seven and a half cents (CAD 0.5750) per common share will be paid on March 31, 2020, to shareholders of record at the close of business on March 10, 2020. The board also approved 7% increase in the 2020 dividend on the company's common shares outstanding.