NSC Dividend History & Yield

Norfolk Southern Corporation · NYSE

Stock Industrials Quarterly payer Industrial
$327.92
-0.47% today
as of Sep 8, 2026
TTM yield
1.65%
$5.40/share over the last 12 months
Forward yield
1.65%
$5.40/share indicated annual rate
Annual dividend
$5.40
per share, forward
Per payment
$1.35
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 6, 2026 Estimated
in 58 days
Next pay date
Nov 20, 2026
in 72 days
Last ex-dividend date
Aug 7, 2026
$1.35 per share
Payout ratio
46%
of earnings
Market cap
73.7B
P/E 28.0
5y dividend CAGR
+6.1%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
44.1
since Aug 2, 1982
1y total return
+19.1%
price +17.1% + dividends 1.9%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 6, 2026 (in 58 days) Nov 20, 2026 $1.35 $135.00 Estimated
Fri, Feb 5, 2027 (in 149 days) Feb 19, 2027 $1.35 $135.00 Estimated
Fri, May 7, 2027 (in 240 days) May 21, 2027 $1.35 $135.00 Estimated
Fri, Aug 6, 2027 (in 331 days) Aug 20, 2027 $1.35 $135.00 Estimated

Estimated dates and amounts are projected from NSC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $5.40 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 2, 2016 to Aug 7, 2026; most recent $1.35$0.00$0.75$1.50Nov 2, 2016: $0.59Nov '16Feb 1, 2017: $0.61May 3, 2017: $0.61Aug 3, 2017: $0.61Nov 2, 2017: $0.61Feb 1, 2018: $0.72Feb '18May 3, 2018: $0.72Aug 3, 2018: $0.80Nov 1, 2018: $0.80Feb 1, 2019: $0.86May 2, 2019: $0.86May '19Aug 2, 2019: $0.94Oct 31, 2019: $0.94Feb 6, 2020: $0.94May 7, 2020: $0.94Aug 6, 2020: $0.94Aug '20Nov 5, 2020: $0.94Feb 4, 2021: $0.99May 6, 2021: $0.99Aug 6, 2021: $1.09Nov 4, 2021: $1.09Nov '21Feb 3, 2022: $1.24May 5, 2022: $1.24Aug 5, 2022: $1.24Nov 3, 2022: $1.24Feb 2, 2023: $1.35Feb '23May 4, 2023: $1.35Aug 3, 2023: $1.35Nov 2, 2023: $1.35Feb 1, 2024: $1.35May 2, 2024: $1.35May '24Aug 2, 2024: $1.35Nov 1, 2024: $1.35Feb 7, 2025: $1.35May 2, 2025: $1.35Aug 1, 2025: $1.35Aug '25Nov 7, 2025: $1.35Feb 6, 2026: $1.35May 8, 2026: $1.35Aug 7, 2026: $1.35

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$3.00$6.002017: $2.44$2.4420172018: $3.04$3.0420182019: $3.60$3.6020192020: $3.76$3.7620202021: $4.16$4.1620212022: $4.96$4.9620222023: $5.40$5.4020232024: $5.40$5.4020242025: $5.40$5.4020252026 (YTD): $4.05$4.052026 YTD

How much NSC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month223$72,871$1,200
$500 / month1,112$364,356$6,000
$1,000 / month2,223$728,711$12,000

Based on the forward yield of 1.65%. $10,000 in NSC would currently pay about $165 a year ($14 a month on average). Model reinvestment and growth →

NSC dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Aug 7, 2026 $1.35 +0.0%
May 8, 2026 $1.35 +0.0%
Feb 6, 2026 $1.35 +0.0%
Nov 7, 2025 $1.35 +0.0%
Aug 1, 2025 $1.35 +0.0%
May 2, 2025 $1.35 +0.0%
Feb 7, 2025 $1.35 +0.0%
Nov 1, 2024 $1.35 +0.0%
Aug 2, 2024 $1.35 +0.0%
May 2, 2024 $1.35 +0.0%
Feb 1, 2024 $1.35 +0.0%
Nov 2, 2023 $1.35 +0.0%
Aug 3, 2023 $1.35 +0.0%
May 4, 2023 $1.35 +0.0%
Feb 2, 2023 $1.35 +8.9%
Nov 3, 2022 $1.24 +0.0%
Aug 5, 2022 $1.24 +0.0%
May 5, 2022 $1.24 +0.0%
Feb 3, 2022 $1.24 +13.8%
Nov 4, 2021 $1.09 +0.0%
Aug 6, 2021 $1.09 +10.1%
May 6, 2021 $0.99 +0.0%
Feb 4, 2021 $0.99 +5.3%
Nov 5, 2020 $0.94 +0.0%
Aug 6, 2020 $0.94 +0.0%
May 7, 2020 $0.94 +0.0%
Feb 6, 2020 $0.94 +0.0%
Oct 31, 2019 $0.94 +0.0%
Aug 2, 2019 $0.94 +9.3%
May 2, 2019 $0.86 +0.0%
Feb 1, 2019 $0.86 +7.5%
Nov 1, 2018 $0.80 +0.0%
Aug 3, 2018 $0.80 +11.1%
May 3, 2018 $0.72 +0.0%
Feb 1, 2018 $0.72 +18.0%
Nov 2, 2017 $0.61 +0.0%
Aug 3, 2017 $0.61 +0.0%
May 3, 2017 $0.61 +0.0%
Feb 1, 2017 $0.61 +3.4%
Nov 2, 2016 $0.59 +0.0%
Aug 4, 2016 $0.59 +0.0%
May 4, 2016 $0.59 +0.0%
Feb 3, 2016 $0.59 +0.0%
Nov 4, 2015 $0.59 +0.0%
Aug 5, 2015 $0.59 +0.0%
May 6, 2015 $0.59 +0.0%
Apr 29, 2015 $0.59 +0.0%
Feb 4, 2015 $0.59 +3.5%
Nov 5, 2014 $0.57 +0.0%
Jul 30, 2014 $0.57 +5.6%
Apr 30, 2014 $0.54 +0.0%
Feb 5, 2014 $0.54 +3.8%
Oct 30, 2013 $0.52 +0.0%
Jul 31, 2013 $0.52 +4.0%
May 1, 2013 $0.50 +0.0%
Jan 30, 2013 $0.50 +0.0%
Oct 31, 2012 $0.50 +0.0%
Aug 9, 2012 $0.50 +6.4%
May 2, 2012 $0.47 +0.0%
Feb 1, 2012 $0.47 +9.3%
Nov 2, 2011 $0.43 +0.0%
Aug 3, 2011 $0.43 +7.5%
May 4, 2011 $0.40 +0.0%
Feb 2, 2011 $0.40 +11.1%
Nov 3, 2010 $0.36 +0.0%
Aug 4, 2010 $0.36 +5.9%
May 5, 2010 $0.34 +0.0%
Feb 3, 2010 $0.34 +0.0%
Nov 4, 2009 $0.34 +0.0%
Aug 5, 2009 $0.34 +0.0%
Apr 29, 2009 $0.34 +0.0%
Feb 4, 2009 $0.34 +6.2%
Nov 5, 2008 $0.32 +0.0%
Jul 30, 2008 $0.32 +10.3%
Apr 30, 2008 $0.29 +0.0%
Jan 30, 2008 $0.29 +11.5%
Oct 31, 2007 $0.26 +0.0%
Aug 1, 2007 $0.26 +18.2%
May 2, 2007 $0.22 +0.0%
Jan 31, 2007 $0.22 +22.2%
Nov 1, 2006 $0.18 +0.0%
Aug 2, 2006 $0.18 +12.5%
May 3, 2006 $0.16 +0.0%
Feb 1, 2006 $0.16 +23.1%
Nov 2, 2005 $0.13 +0.0%
Aug 3, 2005 $0.13 +18.2%
May 4, 2005 $0.11 +0.0%
Feb 2, 2005 $0.11 +10.0%
Nov 3, 2004 $0.10 +0.0%
Aug 4, 2004 $0.10 +25.0%
May 5, 2004 $0.08 +0.0%
Feb 4, 2004 $0.08 +0.0%
Nov 5, 2003 $0.08 +0.0%
Jul 30, 2003 $0.08 +14.3%
Apr 30, 2003 $0.07 +0.0%
Feb 5, 2003 $0.07 +0.0%
Oct 30, 2002 $0.07 +0.0%
Jul 31, 2002 $0.07 +16.7%
May 1, 2002 $0.06 +0.0%
Jan 30, 2002 $0.06 +0.0%
Oct 31, 2001 $0.06 +0.0%
Aug 1, 2001 $0.06 +0.0%
May 2, 2001 $0.06 +0.0%
Jan 31, 2001 $0.06 -70.0%
Nov 1, 2000 $0.20 +0.0%
Aug 2, 2000 $0.20 +0.0%
May 3, 2000 $0.20 +0.0%
Feb 2, 2000 $0.20 +0.0%
Nov 3, 1999 $0.20 +0.0%
Aug 4, 1999 $0.20 +0.0%
May 5, 1999 $0.20 +0.0%
Feb 3, 1999 $0.20 +0.0%
Nov 4, 1998 $0.20 +0.0%
Aug 5, 1998 $0.20 +0.0%
Apr 29, 1998 $0.20 +0.0%
Feb 4, 1998 $0.20 +0.0%
Nov 5, 1997 $0.20 +0.0%
Jul 30, 1997 $0.20 +0.0%
Apr 30, 1997 $0.20 +0.0%
Feb 5, 1997 $0.20 +7.1%
Oct 30, 1996 $0.1867 +0.0%
Jul 31, 1996 $0.1867 +0.0%
May 1, 1996 $0.1867 +0.0%
Jan 31, 1996 $0.1867 +7.7%
Nov 1, 1995 $0.1733 +0.0%
Aug 2, 1995 $0.1733 +0.0%
May 1, 1995 $0.1733 +0.0%
Jan 30, 1995 $0.1733 +8.3%
Oct 31, 1994 $0.16 +0.0%
Aug 1, 1994 $0.16 +0.0%
May 2, 1994 $0.16 +0.0%
Jan 31, 1994 $0.16 +0.0%
Nov 1, 1993 $0.16 +0.0%
Aug 2, 1993 $0.16 +6.7%
May 3, 1993 $0.15 +0.0%
Feb 1, 1993 $0.15 +0.0%
Nov 2, 1992 $0.15 +0.0%
Aug 3, 1992 $0.15 +0.0%
May 4, 1992 $0.15 +0.0%
Feb 3, 1992 $0.15 +12.5%
Oct 28, 1991 $0.1333 +0.0%
Jul 29, 1991 $0.1333 +0.0%
Apr 29, 1991 $0.1333 +0.0%
Jan 28, 1991 $0.1333 +0.0%
Oct 29, 1990 $0.1333 +0.0%
Jul 30, 1990 $0.1333 +11.1%
Apr 30, 1990 $0.12 +0.0%
Jan 29, 1990 $0.12 +0.0%
Oct 30, 1989 $0.12 +0.0%
Jul 31, 1989 $0.12 +9.1%
May 1, 1989 $0.11 +0.0%
Jan 30, 1989 $0.11 +0.0%
Oct 31, 1988 $0.11 +0.0%
Aug 1, 1988 $0.11 +10.0%
May 2, 1988 $0.10 +0.0%
Feb 1, 1988 $0.10 +0.0%
Nov 2, 1987 $0.10 +0.0%
Aug 3, 1987 $0.10 +0.0%
May 4, 1987 $0.10 +0.0%
Feb 2, 1987 $0.10 +5.9%
Nov 3, 1986 $0.0944 +0.0%
Jul 28, 1986 $0.0944 +0.0%
Apr 28, 1986 $0.0944 +0.0%
Feb 3, 1986 $0.0944 +0.0%
Oct 28, 1985 $0.0944 +0.0%
Jul 29, 1985 $0.0944 +0.0%
Apr 29, 1985 $0.0944 +0.0%
Jan 28, 1985 $0.0944 +6.2%
Oct 29, 1984 $0.0889 +0.0%
Jul 30, 1984 $0.0889 +0.0%
Apr 30, 1984 $0.0889 +0.0%
Jan 30, 1984 $0.0889 +14.3%
Oct 31, 1983 $0.0778 +0.0%
Aug 1, 1983 $0.0778 +0.0%
May 2, 1983 $0.0778 +0.0%
Jan 31, 1983 $0.0778 +0.0%
Oct 29, 1982 $0.0778 +0.0%
Aug 2, 1982 $0.0778

NSC dividend increases & cuts

Market-wide changes →

No change to NSC's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

NSC scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Norfolk Southern Corporation

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals, including sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids;…

Sector: Industrials. Industry: Railroads. First dividend on our records: Aug 2, 1982. 178 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

NSC dividend FAQ

When is NSC's next ex-dividend date?

NSC's next ex-dividend date is Nov 6, 2026 (in 58 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.35 per share, expected on Nov 20, 2026.

How often does NSC pay dividends?

NSC pays dividends every quarter, 4 times a year. The most recent payment was $1.35 per share with an ex-date of Aug 7, 2026.

What is NSC's dividend yield?

NSC's trailing 12-month dividend yield is 1.65%, based on $5.40 per share paid over the last year and a share price of $327.92. The forward yield, using the indicated annual rate of $5.40 per share, is 1.65%.

How much does NSC pay per share?

NSC pays about $1.35 per share each quarter, which works out to roughly $5.40 per share a year. 100 shares would collect about $540.00 a year.

Has NSC grown or cut its dividend?

Over the last 5 years the regular payout has grown at 6.1% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of NSC do I need to earn $100 a month?

At the current forward yield of 1.65%, you would need about 223 shares of NSC (roughly $72,871 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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