Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on January 30, 2020 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on April 7, 2020 to preferred stockholders of record at the close of business on March 9, 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 April 8, 2020, to common stockholders of record at the close of business on March 9, 2020.
The Board of Directors also set the Annual Meeting of Stockholders to be held on Thursday, May 21, 2020. Stockholders of record of KCS’s common stock and KCS’s 4% non-cumulative preferred stock as of March 23, 2020, will be entitled to notice of the meeting and to vote at such meeting.
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.
Ashley Thorne, 816-983-1530