13 Most Profitable Dividend Stocks to Buy Right Now

10. Canadian National Railway Company (NYSE:CNI)

Net Profit Margin: 26.62%

Canadian National Railway Company (NYSE:CNI) is one of the quiet forces behind North America’s economy. Each year, it moves over 300 million tons of cargo, ranging from raw materials to finished goods, across Canada and deep into the US. Its network spans nearly 20,000 miles of track, connecting both coasts of Canada with key hubs in the Midwest, running through Chicago and stretching all the way to New Orleans.

Canadian National Railway Company (NYSE:CNI) strength lies in a combination of reach, efficiency, and infrastructure that would be almost impossible for a new rival to replicate. Its tracks and terminals form a network that took decades to build, and its access to major ports gives it an edge few can match. Among its biggest advantages is its role as the primary rail operator for the Port of Prince Rupert in British Columbia, a gateway that continues to fuel growth in its intermodal business.

That kind of scale and positioning has made Canadian National Railway Company (NYSE:CNI) a steady generator of cash flow. It’s a company that not only invests heavily in its network but also rewards investors through regular dividend growth, supported by the kind of financial stability that has defined its history. The company’s dividend growth is one of its biggest strengths, spanning 29 years. Its quarterly dividend of C$0.8875 per share translates into a dividend yield of 2.66%, as of October 6.