KSU Kansas City Southern

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

Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on November 10, 2016 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on January 17, 2017 to preferred stockholders of record at the close of business on December 30, 2016.

The Board of Directors also declared a regular dividend of $0.33 per share on the outstanding KCS common stock. This dividend is payable on January 18, 2017, to common stockholders of record at the close of business on December 30, 2016.

Headquartered in Kansas City, Mo., KCS 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 KCSM, 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 are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.

EN
11/11/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kansas City Southern

Kansas City Southern: Update to credit analysis following affirmation ...

Our credit view of this issuer reflects its attractive rail network offering cross-border growth opportunities, a high margin and robust cash flow.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch