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Norfolk Southern Increases Quarterly Dividend

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  • Member since
    April 2003
  • 305,205 posts
Norfolk Southern Increases Quarterly Dividend
Posted by Anonymous on Tuesday, July 25, 2006 3:59 PM
Norfolk Southern Increases Quarterly Dividend

"NORFOLK, VA – Norfolk Southern Corporation (NYSE: NSC)
today announced an increase in the quarterly dividend
to 18 cents per share on its common stock, payable on
Sept. 11 to stockholders of record on Aug. 4."

http://www.nscorp.com/nscorp/index.jsp

The current dividend is 16 cents per share.

Dave
  • Member since
    May 2004
  • From: Valparaiso, In
  • 5,921 posts
Posted by MP173 on Tuesday, July 25, 2006 4:00 PM
I think CSX just bumped theirs up too.  Personally, I would prefer they keep the dividend at current level and invest the extra payment into infrastructure, but that is just me.

ed


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