01-25-2023, 08:20 PM
Norfolk Southern Declares Quarterly Dividend
ATLANTA, Jan. 24, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that its Board of Directors approved a 9% increase on its quarterly dividend on the company's common stock, from $1.24 to $1.35 per share.
The dividend is payable February 21, 2023, to shareholders of record on February 3, 2023.
The company has paid a dividend on its common stock for 162 consecutive quarters since its formation in 1982.
ATLANTA, Jan. 24, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that its Board of Directors approved a 9% increase on its quarterly dividend on the company's common stock, from $1.24 to $1.35 per share.
The dividend is payable February 21, 2023, to shareholders of record on February 3, 2023.
The company has paid a dividend on its common stock for 162 consecutive quarters since its formation in 1982.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan