Norfolk Southern Corp. NSC

Virginia-based holding company, Norfolk Southern, is one Americas leading transportation companies. It operates approximately 21,500 route miles, primarily in the East and Midwest, through its major subsidiary, Norfolk Southern Railway Company. The group also owns a natural resources company, Pocahontas Land Corporation, which manages more than a million acres of coal resources in Alabama, Illinois, Kentucky, Tennessee, Virginia and West Virginia. Its telecommunications business, Thoroughbred Technology and Telecommunications, installs and markets telecommunications facilities and provides related services

Norfolk Southern has consistently increased its dividend and has good dividend coverage. These factors combined with the dividend paid quarterly around the 10th of March, June, September and December mean Norfolk Southern is a reliable investment for regular dividend income, since its inception in 1982, having paid dividends on its common stock for 125 consecutive quarters.