Norfolk Southern declares quarterly dividend of $1.35 per share

ATLANTA - Norfolk Southern Corporation (NYSE:NSC), the $62.47 billion market cap railroad operator, announced Monday a quarterly dividend of $1.35 per share on its common stock, payable August 20, 2025, to shareholders of record on August 1, 2025. The dividend represents an annual yield of 1.95%, with the stock currently trading near its 52-week high of $280.

The freight transportation company has maintained an unbroken dividend payment record, distributing dividends to shareholders for 172 consecutive quarters since its formation in 1982. According to InvestingPro data, Norfolk Southern has maintained dividend payments for 44 consecutive years, demonstrating remarkable financial stability with a "GOOD" overall financial health score.

Norfolk Southern operates a freight transportation network spanning 22 states across the eastern United States. The company transports approximately 7 million carloads annually, including agricultural products and consumer goods.

The dividend announcement was made in a company press release statement.

In other recent news, Norfolk Southern has seen several updates from analysts and internal changes. Bernstein and BofA Securities both raised their price targets for Norfolk Southern to $305, maintaining an Outperform and Buy rating, respectively. This adjustment is linked to potential value creation from a possible transaction with Union Pacific, with Bernstein highlighting the opportunity for significant shareholder value. Meanwhile, Citi downgraded Norfolk Southern from Buy to Neutral due to valuation concerns, although it raised its price target to $288, citing a cautious outlook on transportation stocks. Similarly, Goldman Sachs downgraded the stock to Neutral, maintaining a price target of $278, due to potential risks like slower economic growth and sector volatility.

In company news, Norfolk Southern announced the resignation of Chairman Claude Mongeau, with a new chair to be elected at the next board meeting. Mongeau’s tenure was marked by significant contributions to the company, and his departure is described as a personal decision. This leadership change comes as Norfolk Southern continues to navigate its strategic direction and maintain its role in the U.S. transportation sector. Investors are likely to pay close attention to these developments as they could influence the company’s trajectory and financial performance.

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