Here's Why Investors Should Retain Norfolk Southern (NSC) Now
Norfolk Southern(NSC) ZACKS·2024-06-11 01:05
Norfolk Southern (NSC) is hurt by weak freight conditions. Inflation-related woes have dented consumer demand for goods, in turn, affecting freight volumes hauled by rail. Supply-chain disruptions and slower network velocity are further challenges confronting the company. Let's delve deeper. We are impressed by Norfolk Southern's efforts to reward its shareholders through dividends and buybacks. In 2023, the company returned $1.847 billion to shareholders. In January 2023, the company's board announced a 9% ...