Canadian National
CN Declares Q2 2011 Dividend
MONTREAL — CN said its Board of Directors has approved a second-quarter 2011 dividend on the Company’s common shares outstanding. A quarterly dividend of 32.5 cents per common share will be paid on June 30, 2011, to shareholders of record at the close of business on June 9.
CN Agrees with City of Joliet, Ill., to Fund Grade-Crossing Bypass
CHICAGO — CN has reached an agreement with the City of Joliet, Ill. — the largest of the communities along the arc of the Elgin, Joliet and Eastern Railway Company (EJ&E) with which CN has a voluntary mitigation agreement (VMA) — to fund construction of a grade-crossing bypass that will improve vehicular traffic flows and enhance rail safety in the city’s Forest Park area.