Norfolk Southern Declares Quarterly Dividend

Rhea-AI Summary

Norfolk Southern Corporation (NSC) announces quarterly dividend of $1.35 per share on its common stock.

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• Norfolk Southern Corporation announces a quarterly dividend of $1.35 per share on its common stock. This is a positive development for investors as it indicates the company's commitment to returning value to shareholders. The dividend is payable on November 20, 2023, to shareholders of record on November 3, 2023.

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ATLANTA, Oct. 24, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock.

The dividend is payable November 20, 2023, to shareholders of record on November 3, 2023.

The company has paid a dividend on its common stock for 165 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 it 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 announced by Norfolk Southern Corporation?

Norfolk Southern Corporation has announced a quarterly dividend of $1.35 per share on its common stock.

When is the dividend payable?

The dividend is payable on November 20, 2023.

Who is eligible for the dividend?

Shareholders of record on November 3, 2023, are eligible for the dividend.

How long has Norfolk Southern Corporation been paying dividends?

Norfolk Southern Corporation has been paying dividends on its common stock for 165 consecutive quarters since its formation in 1982.