Norfolk Southern (MEX:NSC) 3-Year Dividend Growth Rate: 2.90% (As of Jun. 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:NSC Norfolk Southern Corp MEX:NSC
75 GF Score
Price MXN5,985.00
GF Value MXN4,468.85
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Norfolk Southern 3-Year Dividend Growth Rate?

Norfolk Southern MEX:NSC 75 3-Year Dividend Growth Rate is 2.90% as of Jun. 2026, which is 67% below its 10-year median of 8.80. GuruFocus rates MEX:NSC with a GF Score™ of 75/100 and a GF Value™ of MXN4,468.85 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 415 Transportation companies, Norfolk Southern ranks worse than 62.65% on this metric.

Norfolk Southern's Dividends per Share for the three months ended in Jun. 2026 was MXN23.56.

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

MEX:NSC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.1   Med: 8.8   Max: 38.7
Current: 2.9

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 8.80% per year.

MEX:NSC's 3-Year Dividend Growth Rate is ranked worse than
62.65% of 415 companies
in the Transportation industry
Industry Median: 8.4 vs MEX:NSC: 2.90

During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.50% 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 Jun. 2026 was 0.38. As of today, Norfolk Southern's Dividend Yield % is 1.58%.

Warning Sign:

Norfolk Southern Corp stock Dividend Yield % is close to 3-year low.

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


Norfolk Southern  (MEX: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 Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=23.556/ 61.42
=0.38

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 0.37.

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 1.3500002026-08-072026-08-072026-08-20Cash DividendquarterlyUSD:MXN 17.012000
USD 1.3500002026-05-082026-05-082026-05-20Cash DividendquarterlyUSD:MXN 17.310200
USD 1.3500002026-02-062026-02-062026-02-20Cash DividendquarterlyUSD:MXN 17.228000
USD 1.3500002025-11-072025-11-072025-11-20Cash DividendquarterlyUSD:MXN 18.419300

* 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
=94.458825/5985.00
=1.58 %

Current Share Price is MXN5985.00.
Norfolk Southern's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN94.458825.

During the past 13 years, the highest Dividend Yield of Norfolk Southern was 2.91%. The lowest was 1.31%. And the median was 1.90%.

Warning Sign:

Norfolk Southern Corp stock Dividend Yield % is close to 3-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>


MEX:NSC vs CSX, WAB, TRN: 3-Year Dividend Growth Rate 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 vs Transportation Industry

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.


MEX:NSC
75GF Score
Norfolk Southern Corp MEX:NSC
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

What does a 3-Year Dividend Growth Rate of 2.90% mean?
Norfolk Southern (MEX:NSC) has a 3-Year Dividend Growth Rate of 2.90% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Norfolk Southern and its competitors. This is 67% below median its historical median of 8.80. According to the industry distribution chart, Norfolk Southern ranks #260 out of 415 companies in the Transportation industry, placing it in the top 62.7%.
Is Norfolk Southern's 3-Year Dividend Growth Rate too high?
Norfolk Southern's current 3-Year Dividend Growth Rate of 2.90% is 67% below median its 10-year median of 8.80. The Transportation industry median 3-Year Dividend Growth Rate is 8.40. Norfolk Southern's value of 2.90% is 65.5% below this industry median. Based on the distribution chart, Norfolk Southern ranks #260 out of 415 companies in the Transportation industry, which is below the industry midpoint. Overall, Norfolk Southern has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's 3-Year Dividend Growth Rate compare to CSX and WAB?
According to the Transportation industry distribution chart, Norfolk Southern ranks #260 out of 415 companies for 3-Year Dividend Growth Rate. This places Norfolk Southern in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 8.40. Norfolk Southern's value of 2.90% is 65.5% below this benchmark. While the company's 10-year median is 8.80 vs. the industry median of 8.40, Norfolk Southern has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Transportation company?
The median 3-Year Dividend Growth Rate among Transportation companies is 8.40, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norfolk Southern's current 3-Year Dividend Growth Rate of 2.90% is 65.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Norfolk Southern and its competitors. For the Transportation industry, the median 3-Year Dividend Growth Rate is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Southern's current 3-Year Dividend Growth Rate is 2.90%, which is 67% below median its own 10-year median of 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Southern stock overvalued right now?
Based on GuruFocus' analysis, Norfolk Southern (MEX:NSC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4,468.85, compared to a current price of MXN5,985.00 — trading 33.9% above its estimated fair value. The current 3-Year Dividend Growth Rate is 2.90%, which is 67% below median its 10-year median of 8.80 and 65.5% below the Transportation industry median of 8.40. Norfolk Southern's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Norfolk Southern (MEX:NSC), the current 3-Year Dividend Growth Rate is 2.90% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norfolk Southern (MEX:NSC) Overvalued in 2026?

Based on GuruFocus' analysis, Norfolk Southern stock appears to be overvalued. The current stock price of MXN5,985.00 is trading 33.9% above its estimated GF Value™ of MXN4,468.85. GuruFocus considers Norfolk Southern to be Significantly Overvalued.

Key valuation signals for MEX:NSC:

  • 3-Year Dividend Growth Rate: 2.90% (67% below median its 10-year median of 8.80)
  • GF Value™: MXN4,468.85 vs. price of MXN5,985.00 (33.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 65.5% below the Transportation median (#260 of 415)

No single metric tells the full story. See the MEX:NSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norfolk Southern Business Description

Address 650 West Peachtree Street NW, Atlanta, GA, USA, 30308-1925
Class I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automotive, agricultural, metal, chemical, and forest products.
75GF Score

Get the complete analysis for MEX:NSC

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,985.00
Price
MXN4,468.85
GF Value