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flag Cidel Asset Management boosts stake in Canadian National Railway amid strong financial metrics and dividend increase.

flag Cidel Asset Management Inc. increased its stake in Canadian National Railway (CNI) by 5.4% in the fourth quarter, bringing its ownership to 2.7% of total investments. flag Despite missing earnings estimates by $0.09, the company reported a strong return on equity of 22.48% and a net margin of 26.09%. flag Canadian National Railway also raised its dividend to $0.6159 per share, up from $0.61. flag Analysts give the stock a "Moderate Buy" rating with an average target price of $124.19.

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