Norfolk Southern Corporation (NSC) Dividend History
DivTrkr holds 177 recorded NSC dividend payments, running from August 2, 1982 to May 8, 2026 — 45 calendar years. Together those payments total $71.69 per share. NSC has most often paid quarterly.
NSC's payment rate did not increase in the most recent complete year, so its growth streak currently stands at zero.
Over the last five complete years the NSC payment rate compounded at +7.5% a year. That is what the payments actually did; it is not a forecast.
NSC's payment rate fell in 2001. The steepest drop was -70.0%.
NSC dividends by year
| Year | Total paid per share | Payments | Median payment | Growth |
|---|---|---|---|---|
| 2025 | $5.40 | 4 | $1.35 | +0.0% |
| 2024 | $5.40 | 4 | $1.35 | +0.0% |
| 2023 | $5.40 | 4 | $1.35 | +8.9% |
| 2022 | $4.96 | 4 | $1.24 | +19.2% |
| 2021 | $4.16 | 4 | $1.04 | +10.6% |
| 2020 | $3.76 | 4 | $0.940 | +4.4% |
| 2019 | $3.60 | 4 | $0.900 | +18.4% |
| 2018 | $3.04 | 4 | $0.760 | +24.6% |
| 2017 | $2.44 | 4 | $0.610 | +3.4% |
| 2016 | $2.36 | 4 | $0.590 | — |
| 2015 | $2.95 | 5 (timing) | $0.590 | — |
| 2014 | $2.22 | 4 | $0.555 | +8.8% |
| 2013 | $2.04 | 4 | $0.510 | +5.2% |
| 2012 | $1.94 | 4 | $0.485 | +16.9% |
| 2011 | $1.66 | 4 | $0.415 | +18.6% |
| 2010 | $1.40 | 4 | $0.350 | +2.9% |
| 2009 | $1.36 | 4 | $0.340 | +11.5% |
| 2008 | $1.22 | 4 | $0.305 | +27.1% |
| 2007 | $0.960 | 4 | $0.240 | +41.2% |
| 2006 | $0.680 | 4 | $0.170 | +41.7% |
| 2005 | $0.480 | 4 | $0.120 | +33.3% |
| 2004 | $0.360 | 4 | $0.0900 | +20.0% |
| 2003 | $0.300 | 4 | $0.0750 | +15.4% |
| 2002 | $0.260 | 4 | $0.0650 | +8.3% |
| 2001 | $0.240 | 4 | $0.0600 | -70.0% |
| 2000 | $0.800 | 4 | $0.200 | +0.0% |
| 1999 | $0.800 | 4 | $0.200 | +0.0% |
| 1998 | $0.800 | 4 | $0.200 | +0.0% |
| 1997 | $0.800 | 4 | $0.200 | +7.1% |
| 1996 | $0.747 | 4 | $0.187 | +7.7% |
| 1995 | $0.693 | 4 | $0.173 | +8.3% |
| 1994 | $0.640 | 4 | $0.160 | +3.2% |
| 1993 | $0.620 | 4 | $0.155 | +3.3% |
| 1992 | $0.600 | 4 | $0.150 | +12.5% |
| 1991 | $0.533 | 4 | $0.133 | +5.3% |
| 1990 | $0.507 | 4 | $0.127 | +10.1% |
| 1989 | $0.460 | 4 | $0.115 | +9.5% |
| 1988 | $0.420 | 4 | $0.105 | +5.0% |
| 1987 | $0.400 | 4 | $0.100 | +5.9% |
| 1986 | $0.378 | 4 | $0.0944 | +0.0% |
| 1985 | $0.378 | 4 | $0.0944 | +6.2% |
| 1984 | $0.356 | 4 | $0.0889 | +14.3% |
| 1983 | $0.311 | 4 | $0.0778 | — |
| 1982 | $0.156 | 2 (timing) | $0.0778 | — |
How this growth is measured
Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.
Years marked “timing” booked a different number of payments than NSC's usual cadence, so their total is not directly comparable with neighbouring years.
Recent NSC dividend payments
| Ex-dividend date | Amount per share |
|---|---|
| May 8, 2026 | $1.35 |
| February 6, 2026 | $1.35 |
| November 7, 2025 | $1.35 |
| August 1, 2025 | $1.35 |
| May 2, 2025 | $1.35 |
| February 7, 2025 | $1.35 |
| November 1, 2024 | $1.35 |
| August 2, 2024 | $1.35 |
| May 2, 2024 | $1.35 |
| February 1, 2024 | $1.35 |
| November 2, 2023 | $1.35 |
| August 3, 2023 | $1.35 |
| May 4, 2023 | $1.35 |
| February 2, 2023 | $1.35 |
| November 3, 2022 | $1.24 |
| August 5, 2022 | $1.24 |
| May 5, 2022 | $1.24 |
| February 3, 2022 | $1.24 |
| November 4, 2021 | $1.09 |
| August 6, 2021 | $1.09 |
| May 6, 2021 | $0.990 |
| February 4, 2021 | $0.990 |
| November 5, 2020 | $0.940 |
| August 6, 2020 | $0.940 |
| May 7, 2020 | $0.940 |
| February 6, 2020 | $0.940 |
| October 31, 2019 | $0.940 |
| August 2, 2019 | $0.940 |
| May 2, 2019 | $0.860 |
| February 1, 2019 | $0.860 |
| November 1, 2018 | $0.800 |
| August 3, 2018 | $0.800 |
| May 3, 2018 | $0.720 |
| February 1, 2018 | $0.720 |
| November 2, 2017 | $0.610 |
| August 3, 2017 | $0.610 |
| May 3, 2017 | $0.610 |
| February 1, 2017 | $0.610 |
| November 2, 2016 | $0.590 |
| August 4, 2016 | $0.590 |
| May 4, 2016 | $0.590 |
| February 3, 2016 | $0.590 |
| November 4, 2015 | $0.590 |
| August 5, 2015 | $0.590 |
| May 6, 2015 | $0.590 |
| April 29, 2015 | $0.590 |
| February 4, 2015 | $0.590 |
| November 5, 2014 | $0.570 |
| July 30, 2014 | $0.570 |
| April 30, 2014 | $0.540 |
| February 5, 2014 | $0.540 |
| October 30, 2013 | $0.520 |
| July 31, 2013 | $0.520 |
| May 1, 2013 | $0.500 |
| January 30, 2013 | $0.500 |
| October 31, 2012 | $0.500 |
| August 9, 2012 | $0.500 |
| May 2, 2012 | $0.470 |
| February 1, 2012 | $0.470 |
| November 2, 2011 | $0.430 |
Showing the 60 most recent of 177 recorded payments. The full log is on the page.
NSC dividend history questions
How many dividends has NSC paid?
DivTrkr has 177 recorded NSC dividend payments between August 2, 1982 and May 8, 2026, totalling $71.69 per share across 45 calendar years.
Has NSC ever cut its dividend?
Yes. The NSC per-payment rate fell in 2001, the steepest being -70.0%.
How fast is the NSC dividend growing?
The NSC payment rate compounded at +7.5% a year over the last five complete years.
How often does NSC pay a dividend?
NSC has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.
See the current NSC dividend yield and next ex-dividend date, or track NSC free with DivTrkr to see what this history pays on your own share count.