The American railroad company Kansas City Southern (ISIN: US4851703029, NYSE: KSU) will pay a quarterly dividend of $ 0.40. Shareholders will receive the next payment on October 6, 2020 (record date: September 14, 2020).
This means that US $ 1.60 will continue to be distributed over the full year. At the current share price of $ 184.48 (as of August 11, 2020), this corresponds to a current dividend yield of 0.87 percent.
The Kansas City group operates as a transportation holding company. Participations are held in the USA, Mexico and Panama. The main holding is the Kansas City Southern Railway Company. The Kansas City Southern Railway Company’s rail network is around 5,000 kilometers.
In the second quarter of fiscal 2020, the company had sales of $ 547.9 million (Q2 2013: $ 714 million), as reported on July 17. Net income was $ 109.7 million (previous year: $ 128.7 million).
Since the beginning of 2020, the stock on Wall Street has been up 20.45 percent. The market capitalization is currently 17.4 billion US dollars (as of August 11, 2020).
Editors MyDividends.de
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