Norfolk Southern Declares Quarterly Dividend
Rhea-AI Summary
Norfolk Southern (NYSE: NSC) has announced a quarterly dividend of $1.35 per share on its common stock. The dividend will be paid on February 20, 2025, to shareholders of record as of February 7, 2025. This announcement maintains the company's remarkable track record of paying dividends, which now extends to 170 consecutive quarters since its formation in 1982.
Positive
- Consistent dividend payment history spanning 170 consecutive quarters since 1982
- Maintains quarterly dividend of $1.35 per share, demonstrating financial stability
Negative
- None.
News Market Reaction
On the day this news was published, NSC declined 2.86%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The dividend is payable Feb. 20, 2025, to shareholders of record on Feb. 7, 2025.
The company has paid a dividend on its common stock for 170 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