Norfolk Southern Dividends

NSC Stock  USD 282.61  -1.03  -0.36%   
At a yield of 0.02%, Norfolk Southern's last payout was 5.4 per share. Payout history and ex-dividend timing for Norfolk Southern are shown below. Investors focused on income often pair dividend history with free cash flow trends.
 
Number Of Dividends  
 Years Issued
45
 Previous Year
4 Times
 Current Year
1 Times
 Year Average
3.89
  Volatility
0.53
Macro event markers
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Last ReportedEnd Of Year Estimate
Dividends Paid-1.2 B-1.2 B
Dividend Yield 0.02 0.03
Dividend Payout Ratio 0.42 0.68
Dividend Paid And Capex Coverage Ratio 1.28 0.94
This view presents Norfolk Southern's financing cash flow over time. The pattern provides context for how capital is allocated across periods.
  
Norfolk Southern has 10 recorded dividend events. The data reflects dividend history across available periods.

Dividends Paid Over Time

Historical changes in Norfolk Southern dividends paid can help investors see whether payout behavior is becoming steadier, more volatile, or more exposed to shifts in operating conditions. The practical goal is to understand whether the dividend profile is compounding steadily, flattening out, or becoming less predictable over time. Dividends Paid is projected to change by approximately 5.26% year over year. In the last completed fiscal year, Norfolk Southern registered Dividends Paid of -1.22 Billion.
   Dividends Paid   
       Timeline  

Dividend Yield Growth Analysis

A disciplined review of Norfolk Southern dividend yield growth can help investors judge whether the dividend profile is expanding at a pace that still looks compatible with the underlying business. The better interpretation comes from linking the growth rate with payout coverage, cash generation, and the stability of the underlying operating model. Dividend Yield is demonstrating a compressing trend compared to prior periods. A year ago, Norfolk Southern reported Dividend Yield at 0.02.
   Dividend Yield   
       Timeline  

Latest Dividends Paid (per share)

   Dividends Paid   
       Timeline  

Historical Distributions to Stockholders

Past dividend distributions for Norfolk Southern deserve attention because the chronology of declaration, record, ex-dividend, and payment dates determines who actually qualifies for the cash payout. Used correctly, this history helps separate a stable shareholder-return habit from sporadic payments that may be harder to rely on.

Dividends Overview and Assumptions

Income investors evaluating Norfolk Southern should start with whether earnings and cash flow comfortably cover the current distribution level. The most recent distribution was $1.35 on February 20, 2026.

Inputs for Norfolk Southern come from periodic company reporting and market reference feeds and are mapped into a consistent reporting framework. Where analyst coverage exists, consensus estimates are factored in. Some fields can appear with publication lag.

This content is curated and reviewed by:

Raphi Shpitalnik - Junior Member of Macroaxis Editorial Board
Last reviewed on March 10th, 2026
 Quarterly Earnings Growth
-0.11
 Dividend Share
5.4
 Earnings Share
12.75
 Revenue Per Share
54.133
 Quarterly Revenue Growth
-0.02
Book value captures Norfolk accounting equity, while market value captures the collective view of participants. Norfolk Southern's market capitalization is 63.47 B. With a P/B ratio of 4.06, the market values Norfolk Southern well above its book equity. Enterprise value stands at 78.9 B. Intrinsic value provides a third perspective, grounded in fundamentals rather than accounting convention or market sentiment.
Understanding Norfolk Southern involves recognizing that value and price can reflect different time horizons. All figures are based on reported data and are informational in nature.

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