NSC Norfolk Southern dividend history, payout ratio & dates
Norfolk Southern's most recent dividend payment of $1.35 per share was made to shareholders on record before Nov 1, 2024. The payout stands at $5.4 per share annually, which works out to a dividend yield of 2.04%.
Key dates
- NSC last dividend date: Nov 1, 2024
NSC dividend stats
vs. Industrials sector
Dividend yield
NSC has a dividend yield of 2.04% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.36%, Norfolk Southern's dividend yield is 50% higher. The current dividend yield is in line with the historical average of 2.0% of the last 5 years.
Dividend history
Norfolk Southern has been paying dividends for the last 30 years. According to our data NSC has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 24% from a year ago, the dividend yield has decreased by 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 1, 2024 | $1.35 | 2.16% |
| Aug 2, 2024 | $1.35 | 2.22% |
| May 2, 2024 | $1.35 | 2.31% |
| Feb 1, 2024 | $1.35 | 2.12% |
| Nov 2, 2023 | $1.35 | 2.81% |
| Aug 3, 2023 | $1.35 | 2.33% |
| May 4, 2023 | $1.35 | 2.54% |
| Feb 2, 2023 | $1.35 | 1.99% |
| Nov 3, 2022 | $1.24 | 2.18% |
| Aug 5, 2022 | $1.24 | 1.92% |
| May 5, 2022 | $1.24 | 1.81% |
| Feb 3, 2022 | $1.24 | 1.6% |
| Nov 4, 2021 | $1.09 | 1.46% |
| Aug 6, 2021 | $1.09 | 1.57% |
| May 6, 2021 | $0.99 | 1.35% |
| Feb 4, 2021 | $0.99 | 1.55% |
| Nov 5, 2020 | $0.94 | 1.67% |
| Aug 6, 2020 | $0.94 | 1.92% |
| May 7, 2020 | $0.94 | 2.22% |
| Feb 6, 2020 | $0.94 | 1.73% |
| Oct 31, 2019 | $0.94 | 1.98% |
| Aug 2, 2019 | $0.94 | 1.9% |
| May 2, 2019 | $0.86 | 1.65% |
| Feb 1, 2019 | $0.86 | 1.88% |
| Nov 1, 2018 | $0.8 | 1.81% |
| Aug 3, 2018 | $0.8 | 1.66% |
| May 3, 2018 | $0.72 | 1.89% |
| Feb 1, 2018 | $0.72 | 1.72% |
| Nov 2, 2017 | $0.61 | 1.85% |
| Aug 3, 2017 | $0.61 | 2.13% |
| May 3, 2017 | $0.61 | 2.05% |
| Feb 1, 2017 | $0.61 | 1.98% |
| Nov 2, 2016 | $0.59 | 2.57% |
| Aug 4, 2016 | $0.59 | 2.69% |
| May 4, 2016 | $0.59 | 2.66% |
| Feb 3, 2016 | $0.59 | 4.38% |
| Nov 4, 2015 | $0.59 | 3.67% |
| Aug 5, 2015 | $0.59 | 3.55% |
| May 6, 2015 | $0.59 | 2.91% |
| Apr 29, 2015 | $0.59 | 2.25% |
| Feb 4, 2015 | $0.59 | 2.13% |
Norfolk Southern dividend payout ratio
Payout ratio
NSC has a payout ratio of 50.6% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.7%, Norfolk Southern's payout ratio is 55% higher.
Total amount of dividends paid per financial year (from cash flow)
NSC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UNP Union Pacific Corp | 2.19% | $5.24 | 48.1% |
| NSC Norfolk Southern Corp | 2.04% | $5.4 | 50.6% |
| CSX Csx Corp | 1.33% | $0.47 | 25.1% |
Frequently asked questions
Does Norfolk Southern pay a dividend?
Yes, Norfolk Southern has paid four dividends in the last 12 months. NSC has been paying dividends since 1994.
When was NSC's last dividend?
Norfolk Southern's last dividend ex-date was on Nov 1, 2024. The dividend amount was $1.35 per share.
How much dividend does Norfolk Southern pay (per share)?
NSC has paid dividend of $5.4 per share in the last year.
What is Norfolk Southern's dividend yield?
The current dividend yield of Norfolk Southern is 2.04%.
How often does Norfolk Southern pay dividends?
Norfolk Southern pays four dividends per year.
What is Norfolk Southern's dividend payout ratio?
The dividend payout ratio of Norfolk Southern is 50.6%.
Does Norfolk Southern pay a good dividend?
Norfolk Southern's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.