NSC Dividend History - Norfolk Southern

Track the latest NSC dividend history! 2.31% Dividend Yield, 8.45% Annual Growth - Explore NSC's complete dividend history

Yield 12m 2.31%
Cash Amount 12m 5.40
Dividend Growth 5y avg 8.45%
Dividend Rating 65.45%
Yield on Cost 5y 3.08%
Payout Ratio current 46.4%
Payout Frequency 12m 4
Payout Consistency 97.4%
Total Return 12m: 4.22%
#3 in Group
Total Return 5y: 33.45%
#6 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Rail Transportation
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
NSC 52,974m 2.31% 3.08%
GET 8,708m 3.61% 3.79%
CNI 63,616m 2.45% 3.04%
SRAIL 2,268m 4.61% 2.14%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
NSC 52,974m 8.45% 65.5%
GET 8,708m 6.79% 62.1%
CNR 63,782m 7.99% 62.6%
CSX 64,101m 6.58% 60.0%

NSC Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-01 2024-11-01 2024-11-20 Quarterly 1.35 0.54%
2024-08-02 2024-08-02 2024-08-20 Quarterly 1.35 0.55%
2024-05-02 2024-05-03 2024-05-20 Quarterly 1.35 0.58%
2024-02-01 2024-02-02 2024-02-20 Quarterly 1.35 0.54%
2023-11-02 2023-11-03 2023-11-20 Quarterly 1.35 0.71%
2023-08-03 2023-08-04 2023-08-21 Quarterly 1.35 0.59%
2023-05-04 2023-05-05 2023-05-20 Quarterly 1.35 0.67%
2023-02-02 2023-02-03 2023-02-21 Quarterly 1.35 8.9% 0.54%
2022-11-03 2022-11-04 2022-11-21 Quarterly 1.24 0.56%
2022-08-05 2022-08-08 2022-08-20 Quarterly 1.24 0.5%
2022-05-05 2022-05-06 2022-05-20 Quarterly 1.24 0.48%
2022-02-03 2022-02-04 2022-02-21 Quarterly 1.24 13.8% 0.45%
2021-11-04 2021-11-05 2021-11-19 Quarterly 1.09 0.38%
2021-08-06 2021-08-09 2021-08-20 Quarterly 1.09 10.1% 0.43%
2021-05-06 2021-05-07 2021-05-20 Quarterly 0.99 0.34%
2021-02-04 2021-02-05 2021-03-10 Quarterly 0.99 5.3% 0.4%
2020-11-05 2020-11-06 2020-12-10 Quarterly 0.94 0.42%
2020-08-06 2020-08-07 2020-09-10 Quarterly 0.94 0.49%
2020-05-07 2020-05-08 2020-06-10 Quarterly 0.94 0.55%
2020-02-06 2020-02-07 2020-03-10 Quarterly 0.94 0.44%
2019-10-31 2019-11-01 2019-12-10 Quarterly 0.94
2019-08-02 2019-08-05 2019-09-10 Quarterly 0.94 9.3%
2019-05-02 2019-05-03 2019-06-10 Quarterly 0.86
2019-02-01 2019-02-04 2019-03-11 Quarterly 0.86 7.5%
2018-11-01 2018-11-02 2018-12-10 Quarterly 0.8
2018-08-03 2018-08-06 2018-09-10 Quarterly 0.8 11.1%
2018-05-03 2018-05-04 2018-06-11 Quarterly 0.72
2018-02-01 2018-02-02 2018-03-10 Quarterly 0.72 18%
2017-11-02 2017-11-03 2017-12-11 Quarterly 0.61
2017-08-03 2017-08-07 2017-09-11 Quarterly 0.61
2017-05-03 2017-05-05 2017-06-10 Quarterly 0.61
2017-02-01 2017-02-03 2017-03-10 Quarterly 0.61 3.4%
2016-11-02 2016-11-04 2016-12-10 Quarterly 0.59
2016-08-04 2016-08-08 2016-09-10 Quarterly 0.59
2016-05-04 2016-05-06 2016-06-10 Quarterly 0.59
2016-02-03 2016-02-05 2016-03-10 Quarterly 0.59
2015-11-04 2015-11-06 2015-12-10 Quarterly 0.59
2015-08-05 2015-08-07 2015-09-10 Quarterly 0.59
2015-05-06 2015-05-08 2015-06-10 Quarterly 0.59
2015-02-04 2015-02-06 2015-03-10 Quarterly 0.59

NSC Dividend History - FAQ

What is the Dividend Yield of NSC?

As of December 2024 NSC`s Dividend Yield is 2.31%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 5.40 USD by the current stock price of 234.15.

What is the long-term Dividend Growth Rate of NSC?

In the last 5 Years the Average Dividend Growth Rate was 8.45% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does NSC pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) NSC paid 4 times a dividend.

What is the Yield on Cost of NSC?

The 5 Year Yield-On-Cost is 3.08%. That's the effective dividend income you'd receive today if you purchased Norfolk Southern five years ago. It is calculated by the Rate of the last 12 Months (5.40) divided by the price 5 years ago (175.45).

What is the Payout Consistency of NSC?

NSC has a Payout Consistency of 97.4%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of NSC?

The Overall Dividend Rating of 65.45 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does NSC have a good Dividend Yield?

NSC`s 2.31% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for NSC?

The next Dividend Date for NSC is unknown.

What is the Dividend Payout Ratio of NSC?

The Dividend Payout Ratio of NSC is 46.4%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: NSC Outstanding Shares

What is the Trend of NSC`s Outstanding Shares?

The Outstanding Shares of Norfolk Southern are shrinking at a rate of -2.32% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -90.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Norfolk Southern ever had a Stock Split?

Yes, last Stock Split was on 1997-10-10 with a factor of 3:1. This stock split increased the number of shares and lowered the price per share by a ratio of 3.
Year Number of Shares (Mill.) Growth Rate
1985 566400000
1986 555652200 -1.9%
1987 564772700 +1.64%
1988 543636400 -3.74%
1989 518965500 -4.54%
1990 476333300 -8.21%
1991 442058800 -7.2%
1992 428823500 -2.99%
1993 413913000 -3.48%
1994 399399200 -3.51%
1995 387098500 -3.08%
1996 376363300 -2.77%
1997 375409800 -0.25%
1998 373333300 -0.55%
1999 400000000 +7.14%
2000 389473700 -2.63%
2001 390909100 +0.37%
2002 387037000 -0.99%
2003 395000000 +2.06%
2004 404166700 +2.32%
2005 412162200 +1.98%
2006 395833300 -3.96%
2007 377922100 -4.52%
2008 366200000 -3.1%
2009 369500000 +0.9%
2010 355200000 -3.87%
2011 328300000 -7.57%
2012 318600000 -2.95%
2013 312300000 -1.98%
2014 312000000 -0.1%
2015 300400000 -3.72%
2016 293700000 -2.23%
2017 287800000 -2.01%
2018 273500000 -4.97%
2019 261600000 -4.35%
2020 254700000 -2.64%
2021 243500000 -4.4%
2022 230700000 -5.26%
2023 226300000 -1.91%
2024 226500000 +0.09%