Canadian National Railway evaluated among top Canadian dividend stocks for income investors

Canadian National Railway Company (CNI) is being evaluated among the top Canadian dividend stocks for income investors. There is renewed interest in these stocks as short-term interest rates in Canada decline, shifting focus back to high-yielding equities. Previously, dividend stocks lost appeal as investors favored fixed-income products and technology stocks during higher interest rates. The S&P/TSX Composite High Dividend Index underperformed compared to broader markets in 2023 and early 2024. Historically, dividend stocks have shown resilience during market downturns. Reports indicate that these stocks have protected capital better than the broader market during crises, making them attractive for investors seeking stability.