Best Railroad Dividend Stocks: For High Returns in 2024
Railroad dividend stocks offer a compelling investment opportunity for those seeking stable, long-term returns. The railroad industry plays a critical role in the global economy, transporting goods across vast distances with efficiency and reliability. Many railroad companies have a long history of consistent dividend payouts, making them an attractive choice for income-focused investors. With their established infrastructure, strong market positions, and ability to withstand economic fluctuations, railroad companies provide both stability and growth potential. We’ll explore some of the top railroad dividend stocks and why this sector remains a solid choice for investors looking to add reliable dividend-paying stocks to their portfolio.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Union Pacific | 2.25% | 48.15% | 21.36% | 8.55% | 0.42% | 11.19% | 5.80% |
| CSX | 1.36% | 25.19% | 18.42% | 5.18% | 0.29% | -12.94% | -2.89% |
| Norfolk Southern | 2.60% | 47.36% | 22.81% | 4.26% | 0.20% | 12.18% | 10.22% |
| Canadian National Railway | 2.06% | 36.38% | 16.26% | 4.86% | 0.27% | 10.82% | 4.44% |
| Canadian Pacific Railway | 0.77% | 20.03% | 19.45% | 1.56% | 0.08% | -21.46% | -10.43% |
| Westinghouse Air Brake Technologies | 0.41% | 12.94% | 32.11% | 3.32% | 0.10% | 7.21% | 14.22% |
| Trinity Industries | 3.74% | 53.05% | 17.86% | 2.91% | 0.16% | 14.87% | 7.60% |
| Greenbrier Companies | 1.84% | 23.99% | 12.68% | 1.48% | 0.12% | 3.07% | 0.00% |
| Ryder System | 1.89% | 27.82% | 14.39% | 2.25% | 0.16% | 4.64% | 7.42% |
| TFI International | 1.12% | 27.98% | 25.82% | 4.41% | 0.18% | 17.15% | 26.70% |
| GATX | 1.88% | 30.62% | 19.92% | 2.24% | 0.12% | 4.56% | 5.90% |
| Aurizon | 4.91% | 80.30% | 15.71% | 1.45% | 0.09% | -13.00% | 2.00% |
| BHP | 5.54% | 97.14% | 16.97% | 2.98% | 0.18% | 15.32% | 4.22% |
| Rio Tinto | 6.96% | 63.95% | 9.46% | 1.83% | 0.20% | 5.54% | 8.49% |
| WESCO International | 1.00% | 19.85% | 14.39% | 1.98% | 0.14% | 0.00% | 0.00% |
| CNH Industrial | 4.10% | 23.49% | 6.30% | 1.83% | 0.29% | 29.20% | 0.00% |
| Caterpillar | 1.79% | 24.61% | 17.34% | 9.54% | 0.58% | 8.80% | 11.26% |
| Vossloh | 2.55% | 0.00% | 14.62% | 1.44% | 0.12% | 0.00% | 0.00% |
| Wincanton | -% | 46.08% | 22.45% | 12.61% | 0.54% | 0.00% | 0.00% |
| Rumo | 0.46% | -25.04% | -53.63% | 2.49% | -0.05% | 0.00% | 0.00% |
| Nippon Sharyo | 1.33% | 0.00% | 5.25% | 0.52% | 0.10% | 0.00% | 0.00% |
| Schneider National | 1.54% | 58.86% | 47.87% | 1.80% | 0.04% | 8.45% | 0.00% |
| Seibu | 0.79% | 0.00% | 31.25% | 2.38% | 0.08% | 3.78% | 0.00% |
| Keio | 1.92% | 0.00% | 13.68% | 1.23% | 0.09% | -3.20% | 25.18% |