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Norfolk Southern Declares Quarterly Dividend

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On July 29, 2022, Norfolk Southern Corporation (NYSE: NSC) declared a quarterly dividend of $1.24 per share, payable on August 20, 2022 to shareholders recorded by August 8, 2022. The company has consistently provided this dividend for 160 consecutive quarters since 1982, reflecting its commitment to returning value to shareholders. Known for its freight transportation network, Norfolk Southern plays a vital role in the U.S. economy by facilitating the movement of goods while prioritizing sustainability by helping customers reduce carbon emissions.

Positive
  • Quarterly dividend increased to $1.24 per share, enhancing shareholder returns.
  • 160 consecutive quarters of dividend payments demonstrate stability and reliability.
  • Strong freight transportation network contributes significantly to the U.S. economy.
Negative
  • None.

ATLANTA, July 29, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced a regular quarterly dividend of $1.24 per share on its common stock.

The company has paid a dividend on its common stock for 160 consecutive quarters since its formation in 1982. The dividend is payable August 20, 2022 to shareholders of record on August 8, 2022.

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 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 6.7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as 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 dividend amount declared by Norfolk Southern Corporation (NSC)?

Norfolk Southern Corporation declared a quarterly dividend of $1.24 per share.

When is Norfolk Southern's dividend payable?

The dividend is payable on August 20, 2022.

What date is the record for shareholders to receive the dividend?

The record date for shareholders to receive the dividend is August 8, 2022.

How long has Norfolk Southern been paying dividends?

Norfolk Southern has paid dividends for 160 consecutive quarters since 1982.

How does Norfolk Southern contribute to sustainability?

Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail.

Norfolk Southern Corp.

NYSE:NSC

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58.73B
226.08M
0.07%
77.56%
0.97%
Railroads
Railroads, Line-haul Operating
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United States of America
ATLANTA