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Norfolk Southern (Norfolk Southern) 3-Year Dividend Growth Rate

: 12.80% (As of Dec. 2023)
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Norfolk Southern's Dividends per Share for the three months ended in Dec. 2023 was $1.35.

The historical rank and industry rank for Norfolk Southern's 3-Year Dividend Growth Rate or its related term are showing as below:

NSC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.1   Med: 9.05   Max: 38.7
Current: 12.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Norfolk Southern was 38.70% per year. The lowest was -33.10% per year. And the median was 9.05% per year.

NSC's 3-Year Dividend Growth Rate is ranked worse than
50.28% of 356 companies
in the Transportation industry
Industry Median: 12.85 vs NSC: 12.80

During the past 12 months, Norfolk Southern's average Dividends Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Norfolk Southern's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.48. As of today, Norfolk Southern's Dividend Yield % is 2.21%.

Warning Sign:

Norfolk Southern Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Railroads subindustry, Norfolk Southern's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norfolk Southern 3-Year Dividend Growth Rate Distribution

For the Transportation industry and Industrials sector, Norfolk Southern's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Norfolk Southern's 3-Year Dividend Growth Rate falls into.



Norfolk Southern 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Norfolk Southern  (NYSE:NSC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Norfolk Southern's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.35/ 2.83
=0.48

During the past 13 years, the highest Dividend Payout Ratio of Norfolk Southern was 0.46. The lowest was 0.13. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Norfolk Southern Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3502024-02-012024-02-022024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 1.3502023-11-022023-11-032023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 1.3502023-08-032023-08-042023-08-21Cash DividendquarterlyUSD:USD 1.000000
USD 1.3502023-05-042023-05-052023-05-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Norfolk Southern's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.4/244.61
=2.21 %

Current Share Price is $244.61.
Norfolk Southern's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.4.

During the past 13 years, the highest Dividend Yield of Norfolk Southern was 3.44%. The lowest was 1.31%. And the median was 2.01%.

Warning Sign:

Norfolk Southern Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Norfolk Southern 3-Year Dividend Growth Rate Related Terms>


Norfolk Southern (Norfolk Southern) Business Description

Address
650 West Peachtree Street NW, Atlanta, GA, USA, 30308
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
Executives
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Francesca A. Debiase director MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Alan H. Shaw officer: EVP & Chief Marketing Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Paul B Duncan officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
James A Squires officer: Sr. V.P. - Law 650 W PEACHTREE ST NW, ATLANTA GA 30308
Steven F Leer director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Nabanita C Nag officer: SVP and Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claiborne L Moore officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Lorri J Kleine officer: SVP & Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claude E Elkins officer: EVP & Chief Marketing Officer 650 W. PEACHTREE ST, NW, ATLANTA GA 30308
Allison Clyde H Jr officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Ann A Adams officer: EVP-Chief Transform. Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Cynthia M Sanborn officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Michael Joseph Wheeler officer: Sr. Vice President Operations THREE COMMERCIAL PLACE, 13TH FLOOR, NORFOLK VA 23510
Christopher T Jones director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042