Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock and Common Stock; Establishes Annual Meeting Date
KANSAS CITY, Mo.--(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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William H. Galligan, 816-983-1551
Source: Kansas City Southern