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Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and sand; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and provides commuter rail passenger transportation services and operates an intermodal network. As of December 31, 2021, the company operated approximately 19,300 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Atlanta, Georgia.

Norfolk Southern Dividend Announcement

Norfolk Southern announced a quarterly dividend of $1.35 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-11-01
Norfolk Southern annual dividend for 2024 was $5.40
Norfolk Southern annual dividend for 2023 was $5.40
Norfolk Southern's trailing twelve-month (TTM) dividend yield is 2.19%
Norfolk Southern's payout ratio for the trailing twelve months (TTM) is 47.36%
Norfolk Southern's dividend growth over the last five years (2018-2023) was 12.18% year
Norfolk Southern's dividend growth over the last ten years (2013-2023) was 10.22% year

Norfolk Southern Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-01$1.35quarterly2024-11-20
2024-08-02$1.35quarterly2024-08-20
2024-05-02$1.35quarterly2024-05-20
2024-02-01$1.35quarterly2024-02-20
2023-11-02$1.35quarterly2023-11-20
2023-08-03$1.35quarterly2023-08-21
2023-05-04$1.35quarterly2023-05-20
2023-02-02$1.35quarterly2023-02-21
2022-11-03$1.24quarterly2022-11-21
2022-08-05$1.24quarterly2022-08-20
2022-05-05$1.24quarterly2022-05-20
2022-02-03$1.24quarterly2022-02-21
2021-11-04$1.09quarterly2021-11-19
2021-08-06$1.09quarterly2021-08-20
2021-05-06$0.99quarterly2021-05-20
2021-02-04$0.99quarterly2021-03-10
2020-11-05$0.94quarterly2020-12-10
2020-08-06$0.94quarterly2020-09-10
2020-05-07$0.94quarterly2020-06-10
2020-02-06$0.94quarterly2020-03-10
2019-10-31$0.94quarterly2019-12-10
2019-08-02$0.94quarterly2019-09-10
2019-05-02$0.86quarterly2019-06-10
2019-02-01$0.86quarterly2019-03-11
2018-11-01$0.80quarterly2018-12-10
2018-08-03$0.80quarterly2018-09-10
2018-05-03$0.72quarterly2018-06-11
2018-02-01$0.72quarterly2018-03-10
2017-11-02$0.61quarterly2017-12-11
2017-08-03$0.61quarterly2017-09-11
2017-05-03$0.61quarterly2017-06-10
2017-02-01$0.61quarterly2017-03-10
2016-11-02$0.59quarterly2016-12-10
2016-08-04$0.59quarterly2016-09-10
2016-05-04$0.59quarterly2016-06-10
2016-02-03$0.59quarterly2016-03-10
2015-11-04$0.59quarterly2015-12-10
2015-08-05$0.59quarterly2015-09-10
2015-05-06$0.59quarterly2015-06-10
2015-04-29$0.59quarterly2015-06-10
2015-02-04$0.59quarterly2015-03-10
2014-11-05$0.57quarterly2014-12-10
2014-07-30$0.57quarterly2014-09-10
2014-04-30$0.54quarterly2014-06-10
2014-02-05$0.54quarterly2014-03-10
2013-10-30$0.52quarterly2013-12-10
2013-07-31$0.52quarterly2013-09-10
2013-05-01$0.50quarterly2013-06-10
2013-01-30$0.50quarterly2013-03-11

Norfolk Southern Dividend per year

Norfolk Southern Dividend growth

Norfolk Southern Dividend Yield

Norfolk Southern current trailing twelve-month (TTM) dividend yield is 2.19%. Interested in purchasing Norfolk Southern stock? Use our calculator to estimate your expected dividend yield:

Norfolk Southern Financial Ratios

P/E ratio21.62
PEG ratio-2.75
P/B ratio4.04
ROE19.78%
Payout ratio47.36%
Current ratio0.73
Quick ratio0.65
Cash Ratio0.27

Norfolk Southern Dividend FAQ

How much is the next Norfolk Southern dividend?
Norfolk Southern's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Norfolk Southern dividend. The next Norfolk Southern dividend will be released in February, May, August, or November.
When is Norfolk Southern dividend paid?
Norfolk Southern pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Norfolk Southern pay?
The specific amount of Norfolk Southern dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Norfolk Southern's dividend history.
Does Norfolk Southern stock pay dividends?
Yes, Norfolk Southern does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Norfolk Southern's dividend history.
How much dividend does Norfolk Southern pay?
Norfolk Southern paid $5.4 in 2024, $5.4 in 2023, $4.96 in 2022, $4.16 in 2021, and $3.76 in 2020.
How often does Norfolk Southern pay dividends?
Norfolk Southern typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Norfolk Southern's dividend yield?
The current dividend yield for Norfolk Southern is 2.19%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Norfolk Southern's exact dividend yield.
When does Norfolk Southern go ex dividend?
Norfolk Southern's ex-dividend date for the latest dividend was on 2024-11-01. Norfolk Southern typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Norfolk Southern dividend paid?
Norfolk Southern pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Norfolk Southern increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Norfolk Southern will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Norfolk Southern dividend per share?
Norfolk Southern paid $5.4 per share in 2024 and $5.4 per share in 2023. The amount of dividend per share that Norfolk Southern pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Norfolk Southern a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Norfolk Southern a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Norfolk Southern a dividend stock?
Yes, Norfolk Southern is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Norfolk Southern a good dividend stock?
Whether Norfolk Southern is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Norfolk Southern has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Norfolk Southern as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Norfolk Southern pay dividends monthly?
Norfolk Southern typically pays dividends on a quarterly basis.
Does Norfolk Southern pay dividends quarterly?
Norfolk Southern currently pays dividends on a quarterly basis.
Has Norfolk Southern ever paid a dividend?
Yes, Norfolk Southern has a history of paying dividends to its shareholders. Norfolk Southern is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Norfolk Southern dividend stocks?
To buy Norfolk Southern you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Norfolk Southern stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Norfolk Southern pay dividends 2024?
Norfolk Southern pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Norfolk Southern increase its dividend in 2024?
Decisions regarding Norfolk Southern dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Norfolk Southern dividend overview you can look into the above table of dividend history.
How Norfolk Southern dividend works?
The Norfolk Southern dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Norfolk Southern's dividend process works:

1. Determination of Dividend: Norfolk Southern's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Norfolk Southern publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Norfolk Southern distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Norfolk Southern are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Norfolk Southern dividends paid?
Norfolk Southern dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Norfolk Southern sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Norfolk Southern distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Norfolk Southern declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Norfolk Southern pay dividends?
Norfolk Southern typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Norfolk Southern pay dividends?
The general pattern is that Norfolk Southern pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Norfolk Southern dividend safe?
The safety of Norfolk Southern's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Norfolk Southern's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Norfolk Southern's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.