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 payable on November 20, 2024, to shareholders of record as of November 1, 2024. This announcement marks a significant milestone for the company, as it has consistently paid dividends on its common stock for 169 consecutive quarters since its formation in 1982.

Positive

• Consistent dividend payments for 169 consecutive quarters since 1982
• Quarterly dividend of $1.35 per share announced

Negative

• None.

News Market Reaction – NSC

+1.66%

+1.66% News Effect

On the day this news was published, NSC gained 1.66%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ATLANTA, Oct. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock.

The dividend is payable Nov. 20, 2024, to shareholders of record on Nov. 1, 2024.

The company has paid a dividend on its common stock for 169 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.

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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 will Norfolk Southern (NSC) pay its latest quarterly dividend?

Norfolk Southern (NSC) will pay its latest quarterly dividend on November 20, 2024.

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

The record date for Norfolk Southern's (NSC) latest dividend is November 1, 2024.

How long has Norfolk Southern (NSC) been paying consecutive quarterly dividends?

Norfolk Southern (NSC) has paid a dividend on its common stock for 169 consecutive quarters since its formation in 1982.