Norfolk Southern
NSC

Norfolk Southern (NSC) dividend history and yield

Dividend summary

Frequency
Quarterly
Trailing 12 months
$5.40
Forward yield
1.67%
Payout ratio
42.6%
Growth streak
—

Norfolk Southern pays a quarterly dividend of $1.35 per share. Its most recent payment had an ex-date of August 7, 2026 and was paid on August 20, 2026. Over the trailing twelve months, it paid $5.40 per share, a yield of about 1.7% at a share price of $317.44.

The record shows two raises followed by a long flat stretch. The rate went from $1.09 to $1.24 with the payment that went ex-dividend in February 2022, a raise of about 13.8%. It then rose to $1.35 with the February 2023 payment, about 8.9% more. Since then it has stayed at $1.35 for 15 straight payments. As a result, payments by calendar year were $5.40 in each of 2023, 2024 and 2025. Since late 2021, the quarterly rate has grown about 24%, all of it from those two raises. The source lists no current growth streak. Payments follow a regular schedule, with ex-dates in early February, May, August and November and pay dates around the 20th of those months.

If the pattern holds, the next payment would go ex-dividend in early November 2026 and be paid around November 20. Past raises in the table came with the February payment.

Dividend per share by year

2025
$5.40
2024
$5.40
2023
$5.40
2022
$4.96
2021
$4.16
2020
$3.76

Dividend history

DeclaredEx-dividend datePay dateAmount
Jul 21, 2026Aug 7, 2026Aug 20, 2026$1.35
Apr 23, 2026May 8, 2026May 20, 2026$1.35
Jan 27, 2026Feb 6, 2026Feb 20, 2026$1.35
Oct 22, 2025Nov 7, 2025Nov 20, 2025$1.35
Jul 21, 2025Aug 1, 2025Aug 20, 2025$1.35
Apr 22, 2025May 2, 2025May 20, 2025$1.35
Jan 28, 2025Feb 7, 2025Feb 20, 2025$1.35
Oct 18, 2024Nov 1, 2024Nov 20, 2024$1.35
Jul 23, 2024Aug 2, 2024Aug 20, 2024$1.35
Apr 23, 2024May 2, 2024May 20, 2024$1.35
Jan 24, 2024Feb 1, 2024Feb 20, 2024$1.35
Oct 24, 2023Nov 2, 2023Nov 20, 2023$1.35
Jul 25, 2023Aug 3, 2023Aug 21, 2023$1.35
Apr 25, 2023May 4, 2023May 20, 2023$1.35
Jan 24, 2023Feb 2, 2023Feb 21, 2023$1.35
Oct 25, 2022Nov 3, 2022Nov 21, 2022$1.24
Jul 29, 2022Aug 5, 2022Aug 20, 2022$1.24
Apr 26, 2022May 5, 2022May 20, 2022$1.24
Jan 25, 2022Feb 3, 2022Feb 21, 2022$1.24
Oct 26, 2021Nov 4, 2021Nov 19, 2021$1.09

Frequently asked questions

  • Does Norfolk Southern (NSC) pay a dividend?

    Yes. Norfolk Southern pays a quarterly dividend; the most recent payment was $1.35 per share.

  • What is NSC's dividend yield?

    Norfolk Southern paid $5.40 per share over the trailing twelve months, a yield of 1.67% at the last price of $323.73. Click here to learn more

  • When is NSC's most recent ex-dividend date?

    Norfolk Southern's most recent ex-dividend date is Aug 7, 2026, payable on Aug 20, 2026.

  • What is the difference between ex and payment dates?

    An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more

Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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