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Tuesday, April 21, 2009

Norfolk Southern (NSC) Announces $0.34 Quarterly Dividend, Yielding 3.81%

Norfolk Southern Corporation (NYSE: NSC - News) today announced the regular quarterly dividend of 34 cents per share on its common stock, payable on June 10, to stockholders of record on May 1.

Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 107 consecutive quarters.

Norfolk Southern Corporation is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 route miles in 22 states and the District of Columbia, serving every major container port in the eastern United States and providing superior connections to western rail carriers. Norfolk Southern operates the most extensive network in the East and is North America's largest rail carrier of metals and automotive products.

Disclosure I am long NSC.

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