Norfolk Southern (NSC) dividend history
Norfolk Southern paid $1.2B in dividends in fiscal 2025, about $5.39 per share.
Dividends per share grew 8.5% a year over 11 years.
That took 56% of free cash flow and 42% of net income.
At today's price the trailing yield is 1.72%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Norfolk Southern's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $5.39 | -0.0% | $1.2B | 56% | 42% |
| 2024 | $5.39 | +0.1% | $1.2B | 73% | 47% |
| 2023 | $5.39 | +8.8% | $1.2B | 144% | 67% |
| 2022 | $4.95 | +19.5% | $1.2B | 51% | 36% |
| 2021 | $4.14 | +10.8% | $1.0B | 37% | 34% |
| 2020 | $3.74 | +4.7% | $960M | 45% | 48% |
| 2019 | $3.57 | +18.6% | $949M | 51% | 35% |
| 2018 | $3.01 | +24.4% | $844M | 48% | 32% |
| 2017 | $2.42 | +3.1% | $703M | 46% | 13% |
| 2016 | $2.35 | +0.2% | $695M | 61% | 42% |
| 2015 | $2.34 | +6.5% | $713M | 136% | 46% |
| 2014 | $2.20 | — | $687M | 94% | 34% |
| 2013 | — | — | $637M | 58% | 33% |
| 2012 | — | — | $624M | 76% | 36% |
| 2011 | — | — | $576M | 54% | 30% |
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Does Norfolk Southern pay a dividend?
Norfolk Southern paid $1.2B in dividends in fiscal 2025, about $5.39 per share.
How fast has Norfolk Southern's dividend grown?
Dividends per share grew 8.5% a year over 11 years.
From Norfolk Southern's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.