January 24, 2012 / 1:17 PM / 6 years ago

UPDATE 1-Canadian National Railway Q4 profit up on high volumes

(Follows alerts)

Jan 24 (Reuters) - Canadian National Railway Co reported a 17.7 percent rise in fourth-quarter profit on Tuesday, helped by higher freight volumes, and raised its quarterly dividend by 15 percent.

CN, Canada's biggest railroad, said earnings rose to C$592 million ($588.15 million), or C$1.32 a diluted share, from C$503 million, or C$1.08 a share, a year ago.

Revenue increased 12 percent to C$2.38 billion. ($1 = 1.0066 Canadian dollars) (Reporting by Maneesha Tiwari in Bangalore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below