5 Best Canadian Dividend Stocks For Income Investors

2. Canadian National Railway Company (NYSE:CNI)

Number of Hedge Fund Holders: 39

With a dividend growth streak of 28 consecutive years, CNI is one of the best Canadian dividend stocks on our list. The transport company pays a quarterly dividend of C$0.845 per share and has a dividend yield of 2.01%, as recorded on January 30.

At the end of September 2023, 39 hedge funds tracked by Insider Monkey reported having stakes in Canadian National Railway Company (NYSE:CNI), up from 38 in the previous quarter. These stakes are collectively valued at over $1.12 billion.

Follow Canadian National Railway Co (NYSE:CNI)