(Kansas City Southern issued the following on January 18.)
Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors declared a regular quarterly dividend of 25 cents per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on April 5, 2011 to preferred stockholders of record at the close of business on March 14, 2011. The Board of Directors also declared a quarterly dividend of $12.8125 per share on the outstanding KCS 5.125% cumulative convertible perpetual preferred stock. The dividend is payable on February 15, 2011 to preferred stockholders of record at the close of business on February 1, 2011.
The Board of Directors also set the Annual Meeting of Stockholders to be held in Kansas City, Missouri on Thursday, May 5, 2011. Stockholders of record of our common stock and our 4% non-cumulative preferred stock as of March 7, 2011, will be entitled to notice of the meeting and to vote at such meeting.