Norfolk Southern Dividend
Dividend criteria checks 4/6
Norfolk Southern is a dividend paying company with a current yield of 2.34% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.3%
Dividend yield
87%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 20 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | €6.25 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NFS's dividends per share have been stable in the past 10 years.
Growing Dividend: NFS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Norfolk Southern Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NFS) | 2.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Transportation) | 4.6% |
| Analyst forecast in 3 Years (NFS) | 2.8% |
Notable Dividend: NFS's dividend (2.34%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: NFS's dividend (2.34%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.7%), NFS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NFS is paying a dividend but the company has no free cash flows.