Railroad stocks owned
-Berkshire Hathaway (BRK-B) by way of BNSF Railway
-Canadian National Railway (CNI)
I also recently invested in Canadian National Railway (CNI) a new holding that is the only transcontinental railway in North America. This is a holding in Bill Gates stock portfolio. CNI is the largest railroad in Canada in physical size and revenue. The company continues to raise its dividend with 19 consecutive dividend increases with dividends paid since 1996. A ratio I like to always factor is the payout ratio CNI has a 47% payout ratio. The DGR has been 18.27% over the last 5 years. The bottom line is the company has been run well. Revenue is spread out and not dependent on one industry. The photo below will give an idea of the size of the line!
Just like I do when I buy oil stocks I love to research the rich history of the industry and companies.
As always leave comments and thank you for reading.
S. Cummings
Disclaimer: This is a personal weblog. The opinions expressed here are my own. All data and information provided on this site is for informational purposes only. Please do your own research before investing.
CNI Source www.wikimedia.org |
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BNSF Source www.r2parks.net |
As a retail "small" investor I always talk about how we have the advantage of being nimble. We can buy and sell a companies shares without anyone noticing and usually liquidity is never a problem. Our work is to use the company website, financials, following financial journalists, and investors that follow the company. We make our money with dividends, spin-offs, or selling for a gain. I would say the hardest part is patience letting the story unfold after research and our thesis is made. We can't get emotional and if the story changes we must sell or buy protection. As a retail investor we can't buy enough to make waves if changes need to be made. The only way to voice our displeasure is to sell.
This type of investment is a bullish sentiment on the future!
If you like this blog entry you might also like Amazing History of Oil!
S. Cummings
Disclaimer: This is a personal weblog. The opinions expressed here are my own. All data and information provided on this site is for informational purposes only. Please do your own research before investing.
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