Norfolk Southern Boosts Shareholder Value with New Dividend
Norfolk Southern Announces Quarterly Dividend
Norfolk Southern Corporation (NYSE: NSC) has recently made a significant announcement regarding its quarterly dividend. This dividend is set at $1.35 per share, reflecting the company's ongoing commitment to delivering value to its shareholders. The quarterly dividend will be distributed to shareholders on record, continuing a long-standing tradition of financial responsibility and shareholder engagement.
Dividend Payment Details
The forthcoming dividend payment is scheduled for November 20, and it signifies Norfolk Southern's dedication to maintaining consistent returns for its investors. With this declaration, the company underscores its financial stability and ability to generate solid returns amidst fluctuating market conditions.
A Legacy of Consistent Dividends
Norfolk Southern has a remarkable history, having paid dividends on its common stock for an incredible 169 consecutive quarters since its establishment in 1982. This impressive track record not only highlights the company's resilience but also its commitment to providing reliable returns to its investors over the years.
About Norfolk Southern Corporation
Company Overview
Founded in 1827, Norfolk Southern Corporation (NYSE: NSC) has evolved significantly throughout its history. The company, along with its predecessor organizations, has played a crucial role in the movement of goods and materials essential to driving the U.S. economy. Today, it operates an extensive freight transportation network characterized by a customer-centric and operations-driven approach.
Commitment to Sustainability
In addition to its commitment to service, Norfolk Southern takes pride in its environmental initiatives. The company helps its customers avoid approximately 15 million tons of carbon emissions each year by facilitating rail transport. This focus on sustainability is integral to its operations, further enhancing its appeal to environmentally-conscious consumers and businesses.
Connecting Markets and People
Norfolk Southern delivers over 7 million carloads annually, encompassing a diverse range of goods—from agricultural products to consumer items. Notably, it leads the Class I Railroads in automotive traffic, underscoring its significant role in this sector. The company operates the most extensive intermodal network in the eastern United States, directly serving a large portion of the population and manufacturing hubs.
Strategic Connections
Norfolk Southern's operations are strategically designed to connect with major container ports along the Atlantic coast, as well as vital ports in the Gulf of Mexico and the Great Lakes region. This connectivity not only enhances the efficiency of logistics but also positions the company as a key player in the supply chain for many industries.
Frequently Asked Questions
What is the amount of the dividend declared by Norfolk Southern?
The declared dividend is $1.35 per share on its common stock.
When is the dividend payable?
The dividend is payable on November 20 to shareholders of record as of November 1.
How long has Norfolk Southern been paying dividends?
Norfolk Southern has paid a dividend for 169 consecutive quarters since its founding in 1982.
What type of goods does Norfolk Southern transport?
Norfolk Southern transports a wide range of products, including agricultural goods, consumer goods, and automotive traffic.
How does Norfolk Southern contribute to sustainability?
Norfolk Southern helps clients avoid around 15 million tons of carbon emissions yearly by promoting rail transport, which is often more environmentally friendly than road transport.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Innovative Food Holdings' Strategic Acquisition Boosts Growth Potential
- Innovative Food Holdings Strengthens Portfolio with New Acquisition
- CVRx Celebrates Milestone with New Barostim CPT Codes
- Creating Safe Spaces: New Supported Housing for Indigenous 2SLGBTQI+
- MGE Energy Announces Consistent Dividend for Shareholders
- Revolutionizing Proposal Development with AI Innovation
- Endava plc Shareholder Rights: Your Guide to Participation
- Hikvision Sets Benchmark with Green Product Mark for LED Displays
- Weyco Group Achieves 52-Week Streak with Stock Growth
- Mednax Achieves New Milestone with Stock Reaching $12.87
Recent Articles
- Celebrating Dr. John R. Froude's Prestige in Infectious Diseases
- Argenx Reaches Record High as Market Confidence Grows
- Mizuho Adjusts NXP Semiconductors Target, Affirms Position
- Curtiss-Wright Insights as Analysts Adjust Stock Forecasts
- Delcath Systems Reports Record Sales and Positive Analyst Feedback
- Tri Continental Corporation Reaches New Stock Milestone with Gains
- Revolutionizing Employee Benefits with Universal Care Groups
- Excitement Builds at the Optimist European Team Racing Championship
- Innovative Online Credit Recovery for Louisiana Students
- LambdaTest Launches Espresso 101 Certification for Mobile Devs
- Beautiful Ocean Coin: Harnessing Blockchain for Ocean Health
- IPYE Launches Next-Gen Security Features for Bitcoin Trading
- SPX6900: A Memetic Movement Reshaping Crypto Investing Trends
- Growth Forecast and Trends in the Global Carbohydrates Market
- How Millionaires Wisely Avoid Money Pitfalls and Traps
- Growth Insights on the Electrophysiology Market by 2031
- Intel Plans to Seek Investment for Altera Division
- Nvidia's Production Delays and Market Impact Explained
- Cloud Database Market Growth: A Path to $123.4 Billion
- KBS Builders Secures Major Contracts Worth $4.6 Million
- Global Calrose Rice Market Expected to Surge to $77.5 Billion
- Chinese Tech Stocks Surge Amid Strong Economic Signals
- Global E-Learning Market to Surge to $933.5 Billion by 2032
- Analysts Optimistic About Blackstone Following Strong Q3 Results
- Unveiling the Growth of the Micro Funding Market
- Analyzing the Recent Options Activity of Applied Mat
- Exploring the Challenges in Managing Dermatomyositis Effectively
- Exploring the Booming Spatial Computing Sector's Future
- Cadence Design Systems: Understanding the Whale Activity
- The Future of On-demand Transportation Forecasted to Thrive
- Recent Bulls Emerge as ADBE Options Attract Smart Investments
- Texaf Secures EUR 5.39 Million for Sustainable Development
- Analysts Adjust Elevance Health Projections After Earnings Call
- Understanding Market Trends: Is JPMorgan Facing Declines?
- Understanding the Recent Surge in Citizens Financial Group's Short Interest
- Understanding Penumbra's Short Interest Dynamics and Impacts
- Understanding the Shift in Leidos Holdings's Short Interest
- Exploring Two Decades of Success with Travelers Companies
- Evaluating Workday: A Closer Look at Analyst Perspectives
- Harnessing Generative AI: Transforming the Workplace for Tomorrow
- Danish Stock Trends: Insights from Recent Market Movements
- Stock Market Updates: Insights on Turkish Trading Trends
- Changes at CVS Health: A New Era After Leadership Shift
- Janome America Debuts the Innovative MyLock 454D Serger
- Poland Stock Market Rises with Key Sector Gains Seen
- Janome Launches Upgraded Travel Mate 200 and 50 Sewing Machines
- Liberty Oilfield Services Faces Price Target Adjustment
- Honeywell Achieves 52-Week High of $220.79 Amid Strong Growth
- Strengthening Ties: Insights from China-CEEC Leaders Conference
- Anavex Life Sciences Reinforces Position with Positive Trial Outcomes