News Column

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

August 23, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Kansas City Southern's (KCS) (NYSE:KSU) Board of Directors on August 5, 2014 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on October 7, 2014 to preferred stockholders of record at the close of business on September 8, 2014.

The Board of Directors also declared a regular dividend of $0.28 per share on the outstanding KCS common stock. This dividend is payable on October 8, 2014, to common stockholders of record at the close of business on September 8, 2014.

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 KCSR, 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 Lazaro Cardenas, 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.

Keywords for this news article include: Kansas City Southern, Investment and Finance.

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Source: Investment Weekly News


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