Norfolk Southern Declares Quarterly Dividend
Rhea-AI Summary
Norfolk Southern (NYSE: NSC) has declared a quarterly dividend of $1.35 per share on its common stock. The dividend is payable on August 20, 2024, to shareholders of record as of August 2, 2024. This announcement marks the 168th consecutive quarterly dividend paid by Norfolk Southern since its formation in 1982, highlighting the company's long-standing commitment to returning value to shareholders. The consistent dividend payments demonstrate Norfolk Southern's financial stability and shareholder-friendly approach.
Positive
- Consistent dividend payments for 168 consecutive quarters since 1982
- Maintaining quarterly dividend at $1.35 per share
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NSC declined 1.64%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.
The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982.
About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the
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SOURCE Norfolk Southern Corporation