NSC Norfolk Southern Corporation — dividend yield, history & ex-dividend dates
Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States. The company's core business involves the conveyance of raw materials, semi-finished goods, and completed merchandise across the nation. Its extensive freight services cover a broad spectrum of commodities. This includes a variety of agricultural and forestry products like grains (e.g., soybeans, wheat, corn), fertilizers, animal feeds, and diverse foodstuffs such as oils, flour, sweeteners, beverages, and canned goods, alongside lumber and paper products. NSC also handles a wide range of chemicals, from sulfur and petroleum derivatives to chlorine compounds, plastics, industrial chemicals, and sand. Furthermore, the company moves metals and construction supplies, including steel, aluminum, heavy machinery, cement, aggregates, and specialized military equipment. Transportation of both finished motor vehicles and automotive components is a significant segment, as is the consistent shipment of coal. Beyond its principal freight operations, Norfolk Southern facilitates global trade by connecting with various Atlantic and Gulf Coast ports for overseas cargo. The corporation also manages an expansive intermodal network and offers commuter passenger rail services. As of the close of 2021, the company's vast railway infrastructure extended over roughly 19,300 route miles, serving 22 states and the District of Columbia. Norfolk Southern Corporation, originally incorporated in 1980, is based in Atlanta, Georgia.
Dividend Snapshot
Key Metrics
Current Yield
1.69%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$5.4000
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
Q Quarterly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
55.4
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
32
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$274.00 – $352.98
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio (TTM)
45.98%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
44
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
4.44
Price as of Sep 14, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
NSC's dividend yield fell from 1.74% to 1.69% over the past ~90 days (-0.05 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.05 pp from the share price ($310.81 on Jun 16, 2026 → $320.27 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 333 daily observations over the past 16 months (through Sep 11, 2026), NSC's current yield is higher than approximately 15% of them. Our stored price history for NSC covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $1.3500 Q | Regular | Jul 21, 2026 | Aug 07, 2026 | Aug 07, 2026 | Aug 20, 2026 |
| $1.3500 Q | Regular | Apr 23, 2026 | May 08, 2026 | May 08, 2026 | May 20, 2026 |
| $1.3500 Q | Regular | Jan 27, 2026 | Feb 06, 2026 | Feb 06, 2026 | Feb 20, 2026 |
| $1.3500 Q | Regular | Oct 22, 2025 | Nov 07, 2025 | Nov 07, 2025 | Nov 20, 2025 |
| $1.3500 Q | Regular | Jul 21, 2025 | Aug 01, 2025 | Aug 01, 2025 | Aug 20, 2025 |
| $1.3500 Q | Regular | Apr 22, 2025 | May 02, 2025 | May 02, 2025 | May 20, 2025 |
| $1.3500 Q | Regular | Jan 28, 2025 | Feb 07, 2025 | Feb 07, 2025 | Feb 20, 2025 |
| $1.3500 Q | Regular | Oct 18, 2024 | Nov 01, 2024 | Nov 01, 2024 | Nov 20, 2024 |
| $1.3500 Q | Regular | Jul 23, 2024 | Aug 02, 2024 | Aug 02, 2024 | Aug 20, 2024 |
| $1.3500 Q | Regular | Apr 23, 2024 | May 02, 2024 | May 03, 2024 | May 20, 2024 |
| $1.3500 Q | Regular | Jan 24, 2024 | Feb 01, 2024 | Feb 02, 2024 | Feb 20, 2024 |
| $1.3500 Q | Regular | Oct 24, 2023 | Nov 02, 2023 | Nov 03, 2023 | Nov 20, 2023 |
| $1.3500 Q | Regular | Jul 25, 2023 | Aug 03, 2023 | Aug 04, 2023 | Aug 21, 2023 |
| $1.3500 Q | Regular | Apr 25, 2023 | May 04, 2023 | May 05, 2023 | May 20, 2023 |
| $1.3500 Q | Regular | Jan 24, 2023 | Feb 02, 2023 | Feb 03, 2023 | Feb 21, 2023 |
| $1.2400 Q | Regular | Oct 25, 2022 | Nov 03, 2022 | Nov 04, 2022 | Nov 21, 2022 |
| $1.2400 Q | Regular | Jul 29, 2022 | Aug 05, 2022 | Aug 08, 2022 | Aug 20, 2022 |
| $1.2400 Q | Regular | Apr 26, 2022 | May 05, 2022 | May 06, 2022 | May 20, 2022 |
| $1.2400 Q | Regular | Jan 25, 2022 | Feb 03, 2022 | Feb 04, 2022 | Feb 21, 2022 |
| $1.0900 Q | Regular | Oct 26, 2021 | Nov 04, 2021 | Nov 05, 2021 | Nov 19, 2021 |
| $1.0900 Q | Regular | Jul 30, 2021 | Aug 06, 2021 | Aug 09, 2021 | Aug 20, 2021 |
| $0.9900 Q | Regular | Apr 27, 2021 | May 06, 2021 | May 07, 2021 | May 20, 2021 |
| $0.9900 Q | Regular | Jan 27, 2021 | Feb 04, 2021 | Feb 05, 2021 | Mar 10, 2021 |
| $0.9400 Q | Regular | Oct 27, 2020 | Nov 05, 2020 | Nov 06, 2020 | Dec 10, 2020 |
| $0.9400 Q | Regular | Jul 28, 2020 | Aug 06, 2020 | Aug 07, 2020 | Sep 10, 2020 |
| $0.9400 Q | Regular | Apr 28, 2020 | May 07, 2020 | May 08, 2020 | Jun 10, 2020 |
| $0.9400 Q | Regular | Jan 28, 2020 | Feb 06, 2020 | Feb 07, 2020 | Mar 10, 2020 |
| $0.9400 Q | Regular | Oct 22, 2019 | Oct 31, 2019 | Nov 01, 2019 | Dec 10, 2019 |
| $0.9400 Q | Regular | Jul 26, 2019 | Aug 02, 2019 | Aug 05, 2019 | Sep 10, 2019 |
| $0.8600 Q | Regular | Apr 23, 2019 | May 02, 2019 | May 03, 2019 | Jun 10, 2019 |
| $0.8600 Q | Regular | Jan 23, 2019 | Feb 01, 2019 | Feb 04, 2019 | Mar 11, 2019 |
| $0.8000 Q | Regular | Oct 23, 2018 | Nov 01, 2018 | Nov 02, 2018 | Dec 10, 2018 |
| $0.8000 Q | Regular | Jul 27, 2018 | Aug 03, 2018 | Aug 06, 2018 | Sep 10, 2018 |
| $0.7200 Q | Regular | Apr 24, 2018 | May 03, 2018 | May 04, 2018 | Jun 11, 2018 |
| $0.7200 Q | Regular | Jan 23, 2018 | Feb 01, 2018 | Feb 02, 2018 | Mar 10, 2018 |
| $0.6100 Q | Regular | Oct 24, 2017 | Nov 02, 2017 | Nov 03, 2017 | Dec 11, 2017 |
| $0.6100 Q | Regular | Jul 28, 2017 | Aug 03, 2017 | Aug 07, 2017 | Sep 11, 2017 |
| $0.6100 Q | Regular | Apr 25, 2017 | May 03, 2017 | May 05, 2017 | Jun 10, 2017 |
| $0.6100 Q | Regular | Jan 24, 2017 | Feb 01, 2017 | Feb 03, 2017 | Mar 10, 2017 |
| $0.5900 Q | Regular | Oct 25, 2016 | Nov 02, 2016 | Nov 04, 2016 | Dec 10, 2016 |
| $0.5900 Q | Regular | Jul 29, 2016 | Aug 04, 2016 | Aug 08, 2016 | Sep 10, 2016 |
| $0.5900 Q | Regular | Apr 19, 2016 | May 04, 2016 | May 06, 2016 | Jun 10, 2016 |
| $0.5900 Q | Regular | Jan 26, 2016 | Feb 03, 2016 | Feb 05, 2016 | Mar 10, 2016 |
| $0.5900 Q | Regular | Oct 27, 2015 | Nov 04, 2015 | Nov 06, 2015 | Dec 10, 2015 |
| $0.5900 Q | Regular | Jul 24, 2015 | Aug 05, 2015 | Aug 07, 2015 | Sep 10, 2015 |
| $0.5900 Q | Regular | Apr 28, 2015 | May 06, 2015 | May 08, 2015 | Jun 10, 2015 |
| $0.5900 I | Regular | Apr 28, 2015 | Apr 29, 2015 | May 01, 2015 | Jun 10, 2015 |
| $0.5900 Q | Regular | Jan 23, 2015 | Feb 04, 2015 | Feb 06, 2015 | Mar 10, 2015 |
| $0.5700 Q | Regular | Oct 21, 2014 | Nov 05, 2014 | Nov 07, 2014 | Dec 10, 2014 |
| $0.5700 Q | Regular | Jul 22, 2014 | Jul 30, 2014 | Aug 01, 2014 | Sep 10, 2014 |
| $0.5400 Q | Regular | Apr 22, 2014 | Apr 30, 2014 | May 02, 2014 | Jun 10, 2014 |
| $0.5400 Q | Regular | Jan 21, 2014 | Feb 05, 2014 | Feb 07, 2014 | Mar 10, 2014 |
| $0.5200 Q | Regular | Oct 22, 2013 | Oct 30, 2013 | Nov 01, 2013 | Dec 10, 2013 |
| $0.5200 Q | Regular | Jul 23, 2013 | Jul 31, 2013 | Aug 02, 2013 | Sep 10, 2013 |
| $0.5000 Q | Regular | Apr 23, 2013 | May 01, 2013 | May 03, 2013 | Jun 10, 2013 |
| $0.5000 Q | Regular | Jan 22, 2013 | Jan 30, 2013 | Feb 01, 2013 | Mar 11, 2013 |
| $0.5000 Q | Regular | Oct 23, 2012 | Oct 31, 2012 | Nov 02, 2012 | Dec 10, 2012 |
| $0.5000 Q | Regular | Aug 01, 2012 | Aug 09, 2012 | Aug 13, 2012 | Sep 10, 2012 |
| $0.4700 Q | Regular | Apr 24, 2012 | May 02, 2012 | May 04, 2012 | Jun 11, 2012 |
| $0.4700 Q | Regular | Jan 24, 2012 | Feb 01, 2012 | Feb 03, 2012 | Mar 10, 2012 |
| $0.4300 Q | Regular | Oct 25, 2011 | Nov 02, 2011 | Nov 04, 2011 | Dec 10, 2011 |
| $0.4300 Q | Regular | Jul 26, 2011 | Aug 03, 2011 | Aug 05, 2011 | Sep 10, 2011 |
| $0.4000 Q | Regular | Apr 26, 2011 | May 04, 2011 | May 06, 2011 | Jun 10, 2011 |
| $0.4000 Q | Regular | Jan 25, 2011 | Feb 02, 2011 | Feb 04, 2011 | Mar 10, 2011 |
| $0.3600 Q | Regular | Oct 26, 2010 | Nov 03, 2010 | Nov 05, 2010 | Dec 10, 2010 |
| $0.3600 Q | Regular | Jul 27, 2010 | Aug 04, 2010 | Aug 06, 2010 | Sep 10, 2010 |
| $0.3400 Q | Regular | Apr 27, 2010 | May 05, 2010 | May 07, 2010 | Jun 10, 2010 |
| $0.3400 Q | Regular | Jan 26, 2010 | Feb 03, 2010 | Feb 05, 2010 | Mar 10, 2010 |
| $0.3400 Q | Regular | Oct 27, 2009 | Nov 04, 2009 | Nov 06, 2009 | Dec 10, 2009 |
| $0.3400 Q | Regular | Jul 28, 2009 | Aug 05, 2009 | Aug 07, 2009 | Sep 10, 2009 |
| $0.3400 Q | Regular | Apr 21, 2009 | Apr 29, 2009 | May 01, 2009 | Jun 10, 2009 |
| $0.3400 Q | Regular | Jan 27, 2009 | Feb 04, 2009 | Feb 06, 2009 | Mar 10, 2009 |
| $0.3200 Q | Regular | Oct 21, 2008 | Nov 05, 2008 | Nov 07, 2008 | Dec 10, 2008 |
| $0.3200 Q | Regular | Jul 22, 2008 | Jul 30, 2008 | Aug 01, 2008 | Sep 10, 2008 |
| $0.2900 Q | Regular | Apr 22, 2008 | Apr 30, 2008 | May 02, 2008 | Jun 10, 2008 |
| $0.2900 Q | Regular | Jan 22, 2008 | Jan 30, 2008 | Feb 01, 2008 | Mar 10, 2008 |
| $0.2600 Q | Regular | Oct 23, 2007 | Oct 31, 2007 | Nov 02, 2007 | Dec 10, 2007 |
| $0.2600 Q | Regular | Jul 24, 2007 | Aug 01, 2007 | Aug 03, 2007 | Sep 10, 2007 |
| $0.2200 Q | Regular | Apr 24, 2007 | May 02, 2007 | May 04, 2007 | Jun 11, 2007 |
| $0.2200 Q | Regular | Jan 23, 2007 | Jan 31, 2007 | Feb 02, 2007 | Mar 10, 2007 |
| $0.1800 Q | Regular | Oct 23, 2006 | Nov 01, 2006 | Nov 03, 2006 | Dec 11, 2006 |
| $0.1800 Q | Regular | Jul 25, 2006 | Aug 02, 2006 | Aug 04, 2006 | Sep 11, 2006 |
| $0.1600 Q | Regular | Apr 25, 2006 | May 03, 2006 | May 05, 2006 | Jun 10, 2006 |
| $0.1600 Q | Regular | Jan 24, 2006 | Feb 01, 2006 | Feb 03, 2006 | Mar 10, 2006 |
| $0.1300 Q | Regular | Oct 19, 2005 | Nov 02, 2005 | Nov 04, 2005 | Dec 10, 2005 |
| $0.1300 Q | Regular | Jul 26, 2005 | Aug 03, 2005 | Aug 05, 2005 | Sep 10, 2005 |
| $0.1100 Q | Regular | Apr 22, 2005 | May 04, 2005 | May 06, 2005 | Jun 10, 2005 |
| $0.1100 Q | Regular | Jan 25, 2005 | Feb 02, 2005 | Feb 04, 2005 | Mar 10, 2005 |
| $0.1000 Q | Regular | Oct 25, 2004 | Nov 03, 2004 | Nov 05, 2004 | Dec 10, 2004 |
| $0.1000 Q | Regular | Jul 27, 2004 | Aug 04, 2004 | Aug 06, 2004 | Sep 10, 2004 |
| $0.0800 Q | Regular | Apr 26, 2004 | May 05, 2004 | May 07, 2004 | Jun 10, 2004 |
| $0.0800 Q | Regular | Jan 27, 2004 | Feb 04, 2004 | Feb 06, 2004 | Mar 10, 2004 |
| $0.0800 Q | Regular | Oct 21, 2003 | Nov 05, 2003 | Nov 07, 2003 | Dec 10, 2003 |
| $0.0800 Q | Regular | Jul 22, 2003 | Jul 30, 2003 | Aug 01, 2003 | Sep 10, 2003 |
| $0.0700 Q | Regular | Apr 21, 2003 | Apr 30, 2003 | May 02, 2003 | Jun 10, 2003 |
| $0.0700 Q | Regular | Jan 28, 2003 | Feb 05, 2003 | Feb 07, 2003 | Mar 10, 2003 |
| $0.0700 Q | Regular | Oct 22, 2002 | Oct 30, 2002 | Nov 01, 2002 | Dec 10, 2002 |
| $0.0700 Q | Regular | Jul 23, 2002 | Jul 31, 2002 | Aug 02, 2002 | Sep 10, 2002 |
| $0.0600 Q | Regular | Apr 23, 2002 | May 01, 2002 | May 03, 2002 | Jun 10, 2002 |
| $0.0600 Q | Regular | Jan 22, 2002 | Jan 30, 2002 | Feb 01, 2002 | Mar 11, 2002 |
| $0.0600 Q | Regular | Oct 16, 2001 | Oct 31, 2001 | Nov 02, 2001 | Dec 10, 2001 |
| $0.0600 Q | Regular | Jul 24, 2001 | Aug 01, 2001 | Aug 03, 2001 | Sep 10, 2001 |
| $0.0600 Q | Regular | Apr 23, 2001 | May 02, 2001 | May 04, 2001 | Jun 11, 2001 |
| $0.0600 Q | Regular | Jan 23, 2001 | Jan 31, 2001 | Feb 02, 2001 | Mar 10, 2001 |
| $0.2000 Q | Regular | Oct 23, 2000 | Nov 01, 2000 | Nov 03, 2000 | Dec 11, 2000 |
| $0.2000 Q | Regular | Jul 25, 2000 | Aug 02, 2000 | Aug 04, 2000 | Sep 11, 2000 |
| $0.2000 Q | Regular | Apr 25, 2000 | May 03, 2000 | May 05, 2000 | Jun 10, 2000 |
| $0.2000 Q | Regular | Jan 25, 2000 | Feb 02, 2000 | Feb 04, 2000 | Mar 10, 2000 |
| $0.2000 Q | Regular | Oct 20, 1999 | Nov 03, 1999 | Nov 05, 1999 | Dec 10, 1999 |
| $0.2000 Q | Regular | Jul 27, 1999 | Aug 04, 1999 | Aug 06, 1999 | Sep 10, 1999 |
| $0.2000 Q | Regular | Apr 26, 1999 | May 05, 1999 | May 07, 1999 | Jun 10, 1999 |
| $0.2000 Q | Regular | Jan 26, 1999 | Feb 03, 1999 | Feb 05, 1999 | Mar 10, 1999 |
| $0.2000 Q | Regular | Oct 16, 1998 | Nov 04, 1998 | Nov 06, 1998 | Dec 10, 1998 |
| $0.2000 Q | Regular | Jul 28, 1998 | Aug 05, 1998 | Aug 07, 1998 | Sep 10, 1998 |
| $0.2000 Q | Regular | Apr 17, 1998 | Apr 29, 1998 | May 01, 1998 | Jun 10, 1998 |
| $0.2000 Q | Regular | Jan 27, 1998 | Feb 04, 1998 | Feb 06, 1998 | Mar 10, 1998 |
| $0.2000 Q | Regular | Oct 13, 1997 | Nov 05, 1997 | Nov 07, 1997 | Dec 10, 1997 |
| $0.6000 Q | Regular | Jul 22, 1997 | Jul 30, 1997 | Aug 01, 1997 | Sep 10, 1997 |
| $0.6000 Q | Regular | Apr 22, 1997 | Apr 30, 1997 | May 02, 1997 | Jun 10, 1997 |
| $0.6000 Q | Regular | Jan 28, 1997 | Feb 05, 1997 | Feb 07, 1997 | Mar 10, 1997 |
Peer Comparison
Selected Railroads dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| TRN | Trinity Industries, Inc. | 4.35% | 9.6% | 15 yrs | 83 |
| KTERF | Keio Corporation | 3.38% | 42.1% | 3 yrs | 82 |
| WJRYF | West Japan Railway Company | 3.48% | 7.4% | 4 yrs | 78 |
| ODERF | Odakyu Electric Railway Co., Ltd. | 3.41% | 44.4% | 2 yrs | 78 |
Related Guides & Lists
NSC dividend — frequently asked questions
Does Norfolk Southern Corporation pay a dividend?
Yes. Norfolk Southern Corporation (NSC) currently pays a dividend. The annualized dividend is about $5.40 per share, a yield of approximately 1.69%.
What is Norfolk Southern Corporation's dividend yield?
Norfolk Southern Corporation's dividend yield is approximately 1.69%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Norfolk Southern Corporation pay dividends?
Norfolk Southern Corporation pays dividends quarterly — 4 times per year.
How long has Norfolk Southern Corporation paid dividends?
Norfolk Southern Corporation has 44 years of dividend payments on record.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.