Norfolk Southern declares quarterly dividend

Norfolk Southern Corporation (NYSE: NSC) has declared a quarterly dividend of 94 cents per share, payable on September 10 to shareholders on record as of August 7.

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Rhea-AI Summary

Norfolk Southern Corporation (NYSE: NSC) has declared a quarterly dividend of 94 cents per share, payable on September 10 to shareholders on record as of August 7. This marks the company's 152nd consecutive quarterly dividend since its establishment in 1982, demonstrating its ongoing commitment to returning value to shareholders. Norfolk Southern operates approximately 19,500 route miles across 22 states and the District of Columbia, making it a key player in the transportation of industrial products and coal.

Positive

Declared a dividend of 94 cents per share.
152 consecutive quarters of dividend payments, signaling strong financial stability.
Significant operational network of 19,500 route miles across 22 states.

Negative

None.

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07/28/2020 - 12:32 PM EDT

NORFOLK, Va., July 28, 2020 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced a regular quarterly dividend of 94 cents per share on its common stock. The dividend is payable September 10 to shareholders of record on August 7.

Norfolk Southern has declared a dividend on its common stock for 152 consecutive quarters since its formation in 1982.

About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern is a major transporter of industrial products, including chemicals, agriculture, and metals and construction materials. In addition, the railroad operates the most extensive intermodal network in the East and is a principal carrier of coal, automobiles, and automotive parts.

http://www.norfolksouthern.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/norfolk-southern-declares-quarterly-dividend-301101395.html

SOURCE Norfolk Southern Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is the next dividend payment for NSC?

The next dividend payment for Norfolk Southern (NSC) is scheduled for September 10.

What is the dividend amount declared by NSC?

Norfolk Southern has declared a dividend of 94 cents per share.

How long has Norfolk Southern been paying dividends?

Norfolk Southern has been paying dividends for 152 consecutive quarters since 1982.

What date is the record date for the NSC dividend?

The record date for Norfolk Southern's dividend is August 7.

Norfolk Southern declares quarterly dividend