Kansas City Southern (KSU) will restart its quarterly dividend in 2012 with a first payment of $0.195 per share. This is the first dividend by the railroad operator since 1999, when a $0.04 per share quarterly payment was suspended.
The first dividend of 19.5 cents will be paid on April 27, 2012 to shareholders of record on April 16, 2012.
Kansas City Southern (KCS) is a transportation holding company with 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 link the commercial and industrial centers of the U.S., Mexico and Canada.