The railroad operator maintains its $1.35 dividend for the 15th straight quarter, yielding 1.63% forward.
Norfolk Southern announced a $1.35 per share quarterly dividend, matching its prior payout. The dividend is payable August 20 to shareholders of record as of August 7, with an ex-dividend date of August 7.
The company has held its dividend steady at $1.35 for fifteen consecutive quarters. The forward yield stands at 1.63%, reflecting the current share price.
No immediate market reaction was disclosed in the announcement.