Kansas City Southern (KSU) will raise its dividend by 30.2 percent to $0.28 quarterly in 2014. This follows last year's 10.3 percent dividend hike to 21.5 cents per share quarterly. Railroad operator KSU restarted its dividend last year.
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.