Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock and Common Stock; Establishes Annual Meeting Date
January 26 2017 - 4:25PM
Business Wire
Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on
January 26, 2017 declared a regular dividend of $0.25 per share on
the outstanding KCS 4% non-cumulative preferred stock. The dividend
is payable on April 4, 2017 to preferred stockholders of record at
the close of business on March 13, 2017.
The Board of Directors also declared a regular dividend of $0.33
per share on the outstanding KCS common stock. This dividend is
payable on April 5, 2017, to common stockholders of record at the
close of business on March 13, 2017.
The Board of Directors also set the Annual Meeting of
Stockholders to be held in Kansas City, Missouri on Thursday, May
4, 2017. Stockholders of record of KCS’s common stock and KCS’s 4%
non-cumulative preferred stock as of March 6, 2017, will be
entitled to notice of the meeting and to vote at such meeting.
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 The Kansas
City Southern Railway Company, serving the central and south
central U.S. Its international holdings include KCSM, 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 are primary components of a NAFTA
Railway system, linking the commercial and industrial centers of
the U.S., Mexico and Canada.
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version on businesswire.com: http://www.businesswire.com/news/home/20170126006241/en/
KCSWilliam H. Galligan,
816-983-1551bgalligan@kcsouthern.com
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