Railroads are a textbook sector for dividend investors.
Wide moats, irreplaceable networks, pricing power above inflation, and cash flow that keeps showing up quarter after quarter.
Three names dominate the North American market - Canadian Pacific Kansas City, Canadian National Railway and Union Pacific.
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Railroads are a textbook sector for dividend investors. Wide moats, irreplaceable networks, pricing power above inflation, and cash flow that keeps showing up quarter after quarter.
But “own a railroad” is not a strategy. You need to
