Kansas City Southern (KSU) Raises Quarterly Dividend 22.7% to $0.54; 1% Yield

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Kansas City Southern Announces Dividend Increase; Establishes Annual Meeting Date

February 4, 2021 4:30 PM EST

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (KCS or the Company) (NYSE: KSU) announced that its Board of Directors approved at its meeting today a 23% increase in the quarterly dividend on KCSs common stock, from $0.44 to $0.54 per share. The board declared a common stock dividend at this increased amount payable on April 7, 2021, to common stockholders of record at the close of business on March 8, 2021.

The increase in the quarterly dividend on KCSs common stock aligns with the Companys approach to... More