ATLANTA, Jan. 24,
2023 /PRNewswire/ -- Norfolk Southern Corporation
(NYSE: NSC) today announced that its Board of Directors approved a
9% increase on its quarterly dividend on the company's common
stock, from $1.24 to $1.35 per share.
The dividend is payable February 21,
2023, to shareholders of record on February 3, 2023.
The company has paid a dividend on its common stock for 162
consecutive quarters since its formation in 1982.
About Norfolk Southern
Since 1827, Norfolk Southern
Corporation (NYSE: NSC) and its predecessor companies have safely
moved the goods and materials that drive the U.S. economy. Today,
it operates a customer-centric and operations-driven freight
transportation network. Committed to furthering sustainability,
Norfolk Southern helps its customers avoid 15 million tons of
yearly carbon emissions by shipping via rail. Its dedicated team
members deliver more than 7 million carloads annually, from
agriculture to consumer goods, and is the largest rail shipper of
auto products and metals in North
America. Norfolk Southern also has the most extensive
intermodal network in the eastern U.S., serving a majority of the
country's population and manufacturing base, with connections to
every major container port on the Atlantic coast as well as the
Gulf of Mexico and Great Lakes.
Learn more by visiting www.NorfolkSouthern.com.
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SOURCE Norfolk Southern Corporation