Kansas City Southern Declares Preferred Stock Dividend
Business Wire
Oct 15, 2009
The Executive Committee of Kansas City Southern’s (KCS) (NYSE: KSU)
Board of Directors today declared a cash dividend of $12.8125 per share
on the outstanding 5.125% Cumulative Convertible Perpetual Preferred
stock. The dividends will be payable November 16, 2009 to stockholders
of record at the close of business on November 2, 2009.
Headquartered in Kansas City, Mo., Kansas City Southern 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 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. Kansas City Southern's 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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