Norfolk Southern Declares Quarterly Dividend
Norfolk Southern (NYSE: NSC) has declared a quarterly dividend of $1.35 per share on its common stock.
Sentiment and the balance of points
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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.
Details
News Market Reaction – NSC
The recorded move for NSC in the trading session of this news was -1.64%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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