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.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Union Pacific1.69%48.15%21.38%8.56%0.42%11.19%5.80%
CSX1.39%25.19%18.34%5.16%0.29%-12.94%-2.89%
Norfolk Southern2.07%47.36%22.90%4.28%0.20%12.18%10.22%
Canadian National Railway2.47%36.38%16.53%4.94%0.27%10.82%4.44%
Canadian Pacific Railway0.75%20.03%28.10%2.25%0.08%-21.46%-8.49%
Westinghouse Air Brake Technologies0.39%12.94%33.63%3.47%0.10%7.21%14.22%
Trinity Industries2.96%53.05%18.07%2.94%0.16%14.87%7.60%
Greenbrier Companies1.77%23.99%13.15%1.53%0.12%3.07%0.00%
Ryder System1.79%27.82%15.15%2.37%0.16%4.64%7.42%
TFI International1.07%27.98%26.97%4.61%0.18%17.15%26.70%
GATX1.38%30.62%21.69%2.44%0.12%4.56%5.90%
Aurizon4.94%80.30%15.60%1.43%0.09%-13.00%2.00%
BHP5.68%97.14%16.56%2.91%0.18%7.38%3.80%
Rio Tinto6.99%63.95%9.41%1.82%0.20%5.54%8.49%
WESCO International0.76%19.85%15.08%2.08%0.14%0.00%0.00%
CNH Industrial4.10%23.49%6.30%1.83%0.29%29.20%0.00%
Caterpillar1.37%24.61%17.91%9.86%0.58%8.80%11.26%
Vossloh2.59%0.00%14.37%1.42%0.12%0.00%0.00%
Wincanton-%46.08%22.45%12.61%0.54%0.00%0.00%
Rumo0.45%-25.04%-54.09%2.51%-0.05%0.00%0.00%
Nippon Sharyo1.36%0.00%5.13%0.51%0.10%0.00%0.00%
Schneider National1.17%58.86%50.18%1.89%0.04%8.45%0.00%
Seibu0.90%0.00%27.49%2.11%0.08%3.78%0.00%
Keio1.60%0.00%13.38%1.21%0.09%-3.20%25.18%