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Norfolk Southern Declares Quarterly Dividend

Norfolk Southern Corporation (NYSE: NSC) has declared a quarterly dividend of $1.24 per share, payable on May 20, 2022, to shareholders of record by May 6, 2022.

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Rhea-AI Summary

Norfolk Southern Corporation (NYSE: NSC) has declared a quarterly dividend of $1.24 per share, payable on May 20, 2022, to shareholders of record by May 6, 2022. This marks the 159th consecutive quarter of dividend payments since its inception in 1982. The company continues to provide sustainable shipping solutions across 22 states and the District of Columbia, emphasizing its role in the U.S. economy by connecting customers with markets.

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Positive

  • Quarterly dividend of $1.24 confirms consistent shareholder returns.
  • 159 consecutive quarters of dividends demonstrate strong commitment to investors.

Negative

  • None.
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-1.96% session move Open Argus
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News Market Reaction – NSC

The recorded move for NSC in the trading session of this news was -1.96%.

Data tracked by StockTitan Argus. Session date unavailable.

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ATLANTA, April 26, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced a regular quarterly dividend of $1.24 per share on its common stock.

The dividend is payable May 20, 2022, to shareholders of record on May 6, 2022. The company has paid a dividend on its common stock for 159 consecutive quarters since its formation in 1982.

About Norfolk Southern

Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies, moving the goods and materials that drive the U.S. economy. Norfolk Southern connects customers to markets and communities to economic opportunity, with safe, reliable, and sustainable shipping solutions. The company's service area includes 22 states and the District of Columbia, every major container port in the eastern United States, and a majority of the U.S. population and manufacturing base.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-declares-quarterly-dividend-301533487.html

SOURCE Norfolk Southern Corporation

FAQ

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

What is the dividend amount declared by Norfolk Southern Corporation (NSC)?

Norfolk Southern Corporation (NSC) has declared a quarterly dividend of $1.24 per share.

When is the dividend payable for Norfolk Southern Corporation?

The dividend is payable on May 20, 2022.

What is the record date for Norfolk Southern's dividend payment?

The record date for Norfolk Southern's dividend payment is May 6, 2022.

How long has Norfolk Southern been paying dividends?

Norfolk Southern has paid dividends for 159 consecutive quarters since 1982.

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