Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock and Common Stock

Kansas City Southerns (KCS) (NYSE:KSU) Board of Directors on August 11, 2020 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, August 11, 2020
Information
Tags: 
Trucking, Rail, Maritime, Air, Transport, Financial markets, Financial economics, Equity securities, Finance, Corporate finance, Stock market, Kansas City Southern, Dividend, Preferred stock, Common stock, KCS, Stock
Geotags: 
United States
⚠generated by AI ↴
Summary
Key Points: 
  • Kansas City Southerns (KCS) (NYSE:KSU) Board of Directors on August 11, 2020 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock.
  • The dividend is payable on October 6, 2020 to preferred stockholders of record at the close of business on September 14, 2020.
  • The Board of Directors also declared a regular dividend of $0.40 per share on the outstanding KCS common stock.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.


Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on August 11, 2020 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on October 6, 2020 to preferred stockholders of record at the close of business on September 14, 2020.

The Board of Directors also declared a regular dividend of $0.40 per share on the outstanding KCS common stock. This dividend is payable on October 7, 2020, to common stockholders of record at the close of business on September 14, 2020.

Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.

Copyright: 
Copyright Business Wire 2020