(Source: Kansas City Southern press release, January 29, 2015)
KANSAS CITY, Mo. — Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on January 29, 2015 declared a regular dividend of $0.33 per share on the outstanding KCS common stock, which is an approximately 18% increase from the previous quarterly dividend of $0.28 per share. This dividend is payable on April 8, 2015, to common stockholders of record at the close of business on March 9, 2015.
The Board of Directors also 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, 2015 to preferred stockholders of record at the close of business on March 9, 2015.
The Board of Directors also set the Annual Meeting of Stockholders to be held in Kansas City, Missouri on Thursday, May 7, 2015. Stockholders of record of KCS’s common stock and KCS’s 4% non-cumulative preferred stock as of March 9, 2015, will be entitled to notice of the meeting and to vote at such meeting.