Kansas City Southern (KSU) will raise its quarterly dividend by 9.1 percent to $0.36 per share. The next dividend is payable on October 4, 2017, to stockholders of record at the close of business on September 11, 2017.

“Our announcement today reflects our optimism with regard to KCS’s long-term business prospects,” said Pat Ottensmeyer, CEO and President. “We seek to maintain a strong balance sheet and preserve financial flexibility by funding these actions with cash on hand and future cash flow from operations, continuing our emphasis on balancing the needs of our fixed income and equity investors.”

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.