Bill Gates’ 5 Dividend Stocks

2. Canadian National Railway Company (NYSE:CNI)

Bill Gates’ Stake Value: $5,939,385,727

Canadian National Railway Company (NYSE:CNI) is a Canada-based freight railway network. The company operates a wide range of goods, including raw materials, finished products, commodities, and goods for various industries such as agriculture, mining, forestry, manufacturing, and retail. At the end of Q3 2023, the Gates Foundation owned nearly 55 million shares in the company, worth $6 billion. The company accounted for 15.26% of the firm’s 13F portfolio.

Canadian National Railway Company (NYSE:CNI), one of the best dividend stocks on our list, has been growing its dividends consistently for the past 23 years. The company offers a quarterly dividend of C$0.79 per share and has a dividend yield of 2.01%, as of November 15.

As of the end of Q2 2023, 38 hedge funds tracked by Insider Monkey owned stakes in Canadian National Railway Company (NYSE:CNI), compared with 39 in the preceding quarter. The consolidated value of these stakes is over $12.8 billion.