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Norfolk Southern Declares Quarterly Dividend

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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.

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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

-1.64% News Effect

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.

ATLANTA, July 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock.

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 U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports in the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-declares-quarterly-dividend-302204130.html

SOURCE Norfolk Southern Corporation

FAQ

What is the amount of Norfolk Southern's (NSC) latest quarterly dividend?

Norfolk Southern (NSC) has declared a quarterly dividend of $1.35 per share on its common stock.

When is the payment date for Norfolk Southern's (NSC) latest dividend?

The dividend is payable on August 20, 2024.

What is the record date for Norfolk Southern's (NSC) latest dividend?

The record date for the dividend is August 2, 2024.

How many consecutive quarters has Norfolk Southern (NSC) paid dividends?

Norfolk Southern has paid dividends for 168 consecutive quarters since its formation in 1982.
Norfolk Southern

NYSE:NSC

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64.78B
224.23M
0.07%
80.64%
1.31%
Railroads
Railroads, Line-haul Operating
Link
United States
ATLANTA