Press release from Business Wire
Kansas City Southern Declares Quarterly Preferred Dividend
Wednesday, October 13, 2010
Kansas City Southern Declares Quarterly Preferred Dividend10:59 EDT Wednesday, October 13, 2010 KANSAS CITY, Mo. (Business Wire) -- The Executive Committee of Kansas City Southern's (KCS) (NYSE:KSU) Board of Directors declared a regular quarterly cash dividend of $12.8125 per share on the outstanding KCS 5.125% Cumulative Convertible Perpetual Preferred stock, series D. The dividend is payable on November 15, 2010 to preferred stockholders of record at the close of business on November 1, 2010. 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.