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.
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.
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.
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.
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 1.350000
2026-08-07
2026-08-07
2026-08-20
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.350000
2026-05-08
2026-05-08
2026-05-20
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.350000
2026-02-06
2026-02-06
2026-02-20
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.350000
2025-11-07
2025-11-07
2025-11-20
Cash Dividend
quarterly
USD: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
Current Share Price is $323.30.
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 2.91%. The lowest was 1.31%. And the median was 1.89%.
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 5-Year Dividend Growth Rate Related Terms
NSC vs CSX, WAB, TRN: 5-Year Dividend Growth Rate Comparison
For the Railroads subindustry, Norfolk Southern's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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 5-Year Dividend Growth Rate vs Transportation Industry
For the Transportation industry and Industrials sector, Norfolk Southern's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Norfolk Southern's 5-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
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 5-Year Dividend Growth Rate of 8.00% mean?
Norfolk Southern (NSC) has a 5-Year Dividend Growth Rate of 8.00% as of Jun. 2026. 5-Year Dividend Growth Rate is the company's five-year average growth of dividend payout. View historical data on Norfolk Southern and its competitors. According to the industry distribution chart, Norfolk Southern ranks #201 out of 305 companies in the Transportation industry, placing it in the top 65.9%.
Is Norfolk Southern's 5-Year Dividend Growth Rate too high?
Norfolk Southern's current 5-Year Dividend Growth Rate is 8.00%. The Transportation industry median 5-Year Dividend Growth Rate is 13.60. Norfolk Southern's value of 8.00% is 41.2% below this industry median. Based on the distribution chart, Norfolk Southern ranks #201 out of 305 companies in the Transportation industry, which is below the industry midpoint. Overall, Norfolk Southern has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's 5-Year Dividend Growth Rate compare to CSX and WAB?
According to the Transportation industry distribution chart, Norfolk Southern ranks #201 out of 305 companies for 5-Year Dividend Growth Rate. This places Norfolk Southern in the lower half of its industry. The industry median 5-Year Dividend Growth Rate is 13.60. Norfolk Southern's value of 8.00% is 41.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Dividend Growth Rate for a Transportation company?
The median 5-Year Dividend Growth Rate among Transportation companies is 13.60, based on 305 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 5-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 5-Year Dividend Growth Rate of 8.00% is 41.2% 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 5-Year Dividend Growth Rate mean?
A high 5-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 5-Year Dividend Growth Rate is the company's five-year average growth of dividend payout. View historical data on Norfolk Southern and its competitors. For the Transportation industry, the median 5-Year Dividend Growth Rate is 13.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Southern's current 5-Year Dividend Growth Rate is 8.00%. 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 (NSC) is currently considered Modestly Overvalued. The stock's GF Value™ is $268.71, compared to a current price of $323.30 — trading 20.3% above its estimated fair value. The current 5-Year Dividend Growth Rate is 8.00% and 41.2% below the Transportation industry median of 13.60. Norfolk Southern's overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Dividend Growth Rate calculated?
5-Year Dividend Growth Rate is calculated from a company's financial statements. For Norfolk Southern (NSC), the current 5-Year Dividend Growth Rate is 8.00% 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 (NSC) Overvalued in 2026?
Based on GuruFocus' analysis, Norfolk Southern stock appears to be overvalued.
The current stock price of $323.30 is trading 20.3% above its estimated GF Value™ of $268.71.
GuruFocus considers Norfolk Southern to be Modestly Overvalued.
Key valuation signals for NSC:
5-Year Dividend Growth Rate: 8.00%
GF Value™: $268.71 vs. price of $323.30 (20.3% above fair value)
Industry Position: 41.2% below the Transportation median (#201 of 305)
No single metric tells the full story. See the NSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
Get the complete analysis for NSC
5-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSC has been successfully added to your 
