Norfolk Southern (MEX:NSC) Dividend Payout Ratio: 0.51 (As of Mar. 2026) — 38% Above Median


MEX:NSC Norfolk Southern Corp MEX:NSC
84 GF Score
Price MXN5,332.88
GF Value MXN4,332.49
! 10 Warning Signs
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What is Norfolk Southern Dividend Payout Ratio?

Norfolk Southern MEX:NSC 84 Dividend Payout Ratio is 0.51 as of Mar. 2026, which is 38% above its 10-year median of 0.37. GuruFocus rates MEX:NSC with a GF Score™ of 84/100 and a GF Value™ of MXN4,332.49. The stock has 10 warning signs investors should review. Among 566 Transportation companies, Norfolk Southern ranks better than 53% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Norfolk Southern's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.51.

The historical rank and industry rank for Norfolk Southern's Dividend Payout Ratio or its related term are showing as below:

MEX:NSC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.37   Max: 0.46
Current: 0.43

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.

MEX:NSC's Dividend Payout Ratio is ranked better than
53% of 566 companies
in the Transportation industry
Industry Median: 0.45 vs MEX:NSC: 0.43

As of today (2026-06-27), the Dividend Yield % of Norfolk Southern is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Norfolk Southern was 2.91%. The lowest was 1.31%. And the median was 1.91%.

Norfolk Southern's Dividends per Share for the months ended in Mar. 2026 was MXN24.34.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Norfolk Southern (MEX:NSC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Norfolk Southern Dividend Payout Ratio Related Terms

Norfolk Southern Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Norfolk Southern's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

Norfolk Southern Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.33 0.46 0.46 0.43

Norfolk Southern Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.41 0.41 0.42 0.51

MEX:NSC vs CSX, WAB, TRN: Dividend Payout Ratio Comparison

For the Railroads subindustry, Norfolk Southern's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Norfolk Southern's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Norfolk Southern's Dividend Payout Ratio falls into.


MEX:NSC
84GF Score
Norfolk Southern Corp MEX:NSC
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norfolk Southern Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Norfolk Southern's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=97.231/ 224.891
=0.43

Norfolk Southern's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=24.344/ 47.787
=0.51

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.51 mean?
Norfolk Southern (MEX:NSC) has a Dividend Payout Ratio of 0.51 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Norfolk Southern and its competitors. This is 38% above median its historical median of 0.37. Over the past decade, Norfolk Southern's Dividend Payout Ratio has ranged from 0.13 to 0.46. According to the industry distribution chart, Norfolk Southern ranks #266 out of 566 companies in the Transportation industry, placing it in the top 47%.
Is Norfolk Southern's Dividend Payout Ratio too high?
Norfolk Southern's current Dividend Payout Ratio of 0.51 is 38% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.46. The Transportation industry median Dividend Payout Ratio is 0.45. Norfolk Southern's value of 0.51 is 13.3% above this industry median. Based on the distribution chart, Norfolk Southern ranks #266 out of 566 companies in the Transportation industry, which is above the industry midpoint. Overall, Norfolk Southern has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's Dividend Payout Ratio compare to CSX and WAB?
According to the Transportation industry distribution chart, Norfolk Southern ranks #266 out of 566 companies for Dividend Payout Ratio. This puts Norfolk Southern in the upper half of its industry. The industry median Dividend Payout Ratio is 0.45. Norfolk Southern's value of 0.51 is 13.3% above this benchmark. Historically, Norfolk Southern's own Dividend Payout Ratio has ranged from 0.13 to 0.46 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.45, Norfolk Southern has consistently been above 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 Dividend Payout Ratio for a Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norfolk Southern's current Dividend Payout Ratio of 0.51 is 13.3% above 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Norfolk Southern and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Southern's current Dividend Payout Ratio is 0.51, which is 38% above median its own 10-year median of 0.37. 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?
Norfolk Southern (MEX:NSC) has a current Dividend Payout Ratio of 0.51. The stock's GF Value™ is MXN4,332.49, compared to a current price of MXN5,332.88 — trading 23.1% above its estimated fair value. The current Dividend Payout Ratio is 0.51, which is 38% above median its 10-year median of 0.37 and 13.3% above the Transportation industry median of 0.45. Norfolk Southern's overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Norfolk Southern (MEX:NSC), the current Dividend Payout Ratio is 0.51 as of Mar. 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 MXN5,332.88 is trading 23.1% above its estimated GF Value™ of MXN4,332.49.

Key valuation signals for MEX:NSC:

  • Dividend Payout Ratio: 0.51 (38% above median its 10-year median of 0.37)
  • GF Value™: MXN4,332.49 vs. price of MXN5,332.88 (23.1% above fair value)
  • GF Score™: 84/100 with 10 warning signs
  • Industry Position: 13.3% above the Transportation median (#266 of 566)

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.
84GF Score

Get the complete analysis for MEX:NSC

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,332.88
Price
MXN4,332.49
GF Value