Norfolk Southern Corporation (NYSE:NSC) Shareholders to Get $1.35 Quarterly Dividend

Norfolk Southern Corporation (NYSE:NSC) declared a quarterly dividend on Wednesday, October 21st. Stockholders of record on Friday, November 6th will be given a dividend of $1.35 per share by the railroad operator on Friday, November 20th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, November 6th.

Norfolk Southern has increased its dividend by an average of 0.1% per year over the last three years. Norfolk Southern has a payout ratio of 37.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Norfolk Southern to earn $13.87 per share next year, which means the company should continue to be able to cover its $5.40 annual dividend with an expected future payout ratio of 38.9%.

Norfolk Southern Trading Up 2.2%

Shares of NYSE:NSC traded up $7.31 during midday trading on Thursday, hitting $335.40. The company had a trading volume of 255,796 shares, compared to its average volume of 1,173,804. Norfolk Southern has a 12 month low of $277.80 and a 12 month high of $358.60. The company has a current ratio of 0.83, a quick ratio of 0.73 and a debt-to-equity ratio of 0.98. The stock has a market cap of $75.33 billion, a price-to-earnings ratio of 28.63, a PEG ratio of 4.85 and a beta of 1.29. The firm has a fifty day simple moving average of $326.60 and a 200 day simple moving average of $320.24.

Norfolk Southern (NYSE:NSC) last issued its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.46 by $0.16. Norfolk Southern had a net margin of 21.02% and a return on equity of 18.21%. The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.48 billion. During the same quarter in the previous year, the company earned $3.30 earnings per share. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. On average, analysts predict that Norfolk Southern will post 12.81 EPS for the current year.

Key Norfolk Southern News

Here are the key news stories impacting Norfolk Southern this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Norfolk Southern reported adjusted earnings of $3.62 per share, above the $3.46–$3.48 analyst consensus and up from $3.30 a year earlier. Revenue rose 13.6% year over year to approximately $3.53 billion, surpassing estimates near $3.48 billion. Norfolk Southern Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Record railway operating revenue and strong operating performance supported the bullish reaction. The railroad reported approximately $3.5 billion in quarterly revenue, $1.2 billion in income from railway operations and a 67.4% operating ratio. The results indicate continued pricing and volume strength despite industry concerns about freight demand. Norfolk Southern Reports Third Quarter 2026 Results
• Positive Sentiment: The dividend was maintained at $1.35 per share. The quarterly payment, payable November 20 to shareholders of record November 6, represents $5.40 in annualized dividends and a yield of approximately 1.6%, reinforcing the company’s shareholder-return appeal. Norfolk Southern Declares Quarterly Dividend
• Neutral Sentiment: Brokerages’ average price target is reported at $346.94, suggesting further potential upside, although the target reflects estimates made before or around the earnings release and may change as analysts update their models. Norfolk Southern Average Analyst Price Target
• Negative Sentiment: Investors remain aware of risks including wage inflation, competitive pressure on freight volumes and uncertainty in intermodal demand. These factors could constrain margins or future earnings growth even after the strong quarter. Norfolk Southern Q3 Earnings Preview

About Norfolk Southern

Norfolk Southern Corporation (NYSE:NSC) is a transportation company that operates one of the largest freight railroad networks in the eastern United States. Through its Norfolk Southern Railway subsidiary, the company provides rail transportation and related services across a broad territory spanning portions of the Midwest, South and East Coast, including access to major industrial centers, ports and distribution markets.

Norfolk Southern transports a diverse range of commodities, including intermodal freight, merchandise, automotive products, coal and other energy-related materials.