SmarterDividends
NSC

Norfolk Southern Corporation

NSC24 yrs growth

Industrials · Stock · quarterly payer

Forward Yield

1.76%

Annual Dividend

$5.40

Payout Ratio

45%

5-Yr Growth

7.5%

Ex-Date

May 8, 2026

Frequency

Quarterly

NSC Dividend Safety Score

86/ 100
Grade A

Very Safe

Dividend-growth streak24 consecutive years of growth
Cut historyCut its dividend in 2001
Earnings payout coverage45% of earnings paid out
Free-cash-flow coverage93% of free cash flow
Balance-sheet strengthDebt/equity of 1.12
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NSC a good dividend stock?

Yes

Norfolk Southern Corporation (NSC) pays a quarterly dividend yielding 1.76% ($5.40/yr), with 24 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 24 consecutive years of dividend growth
  • Comfortable payout ratio (45%)
  • Strong 7.5% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2001

Key Data

Dividend Yield
1.76%
Payout Ratio
45%
Annual Dividend
$5.40
5-Yr Avg Growth
7.5%
Ex-Dividend Date
May 8, 2026
Years of Growth
24
Frequency
quarterly
Beta
1.27
Market Cap
$69.0B
P/E Ratio
25.9
5-Yr Total Return
18%
52-Week Range
$245.19 – $326.00
Dividend Safety
A · 86/100
Ever Cut?
Yes (2001)
NSC ex-dividend date & scheduleNext ex-date May 8, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $5.40 / yr per share

Per payment (quarterly)$135.00
Annual$540.00
Monthly avg$45.00