Robert Allan Schwartz's dividend growth company information web site

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Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: NORFOLK SOUTHERN CORP (NSC)

This page shows only data up to the final business day of 2018.

Additional financial information for this company can be found at:
Total number of dividends paid: 164.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly164
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January0
February0
March41
April0
May0
June41
July0
August0
September41
October0
November0
December41

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends paidIncrease from previous yearCompound annual growth rate to 2018 fromBumpiness to 2018 fromMean to 2018 fromStandard deviation to 2018 from
1977$ 0.20000 (4) 6.863%There is no useful bumpiness for this year0.000%0.000
1978$ 0.20444 (4) 2.222% 6.981%There is no useful bumpiness for this year0.000%0.000
1979$ 0.20889 (4) 2.174% 7.107%There is no useful bumpiness for this year0.000%0.000
1980$ 0.24444 (4) 17.022% 6.858%There is no useful bumpiness for this year0.000%0.000
1981$ 0.28889 (4) 18.182% 6.568%There is no useful bumpiness for this year0.000%0.000
1982$ 0.00000 (0) -100.000%The dividend for this year was zeroThere is no useful bumpiness for this year0.000%0.000
1983$ 0.31111 (4)PREVIOUS YEAR's WAS ZERO 6.730% 178.962%17.306
1984$ 0.35556 (4) 14.286% 6.515% 188.806%17.534
1985$ 0.37778 (4) 6.249% 6.523% 188.883%17.792
1986$ 0.37778 (4)NO CHANGE 6.734% 189.161%17.998
1987$ 0.40000 (4) 5.883% 6.761% 189.266%18.276
1988$ 0.42000 (4) 5.000% 6.820% 199.409%18.561
1989$ 0.46000 (4) 9.524% 6.728% 199.405%18.879
1990$ 0.50667 (4) 10.145% 6.608% 199.378%19.212
1991$ 0.53333 (4) 5.263% 6.658% 209.531%19.548
1992$ 0.60000 (4) 12.500% 6.440% 209.416%19.912
1993$ 0.62000 (4) 3.333% 6.566% 209.660%20.268
1994$ 0.64000 (4) 3.226% 6.708% 219.928%20.642
1995$ 0.69333 (4) 8.333% 6.638% 219.997%21.084
1996$ 0.74667 (4) 7.693% 6.590% 2210.102%21.552
1997$ 0.80000 (4) 7.143% 6.564% 2210.243%22.049
1998$ 0.80000 (4)NO CHANGE 6.903% 2210.755%22.471
1999$ 0.80000 (4)NO CHANGE 7.279% 2311.321%22.916
2000$ 0.80000 (4)NO CHANGE 7.699% 2311.950%23.383
2001$ 0.24000 (4) -70.000% 16.108% 1316.770%12.675
2002$ 0.26000 (4) 8.333% 16.612% 1317.298%12.883
2003$ 0.30000 (4) 15.385% 16.694% 1317.425%13.296
2004$ 0.36000 (4) 20.000% 16.462% 1417.241%13.744
2005$ 0.48000 (4) 33.333% 15.256% 1316.004%13.490
2006$ 0.68000 (4) 41.667% 13.291% 1213.865%11.734
2007$ 0.96000 (4) 41.176% 11.048% 911.382%8.731
2008$ 1.22000 (4) 27.083% 9.560% 89.812%7.532
2009$ 1.36000 (4) 11.475% 9.349% 89.627%7.918
2010$ 1.40000 (4) 2.941% 10.178% 810.463%8.016
2011$ 1.66000 (4) 18.571% 9.028% 89.305%7.918
2012$ 1.94000 (4) 16.867% 7.773% 88.044%7.875
2013$ 2.04000 (4) 5.155% 8.305% 98.622%8.510
2014$ 2.22000 (4) 8.824% 8.176% 108.572%9.514
2015$ 2.36000 (4) 6.306% 8.806% 119.327%10.881
2016$ 2.36000 (4)NO CHANGE 13.496% 1113.990%10.600
2017$ 2.44000 (4) 3.390% 24.590% 024.590%0.000
2018$ 3.04000 (4) 24.590%

What price should you pay today if you wanted last year's dividends ($ 3.04000) to represent a yield of X%?

YieldPrice
0.5%$608.00
1.0%$304.00
1.5%$202.67
2.0%$152.00
2.5%$121.60
3.0%$101.33
3.5%$ 86.86
4.0%$ 76.00
4.5%$ 67.56
5.0%$ 60.80
5.5%$ 55.27
6.0%$ 50.67
6.5%$ 46.77
7.0%$ 43.43
7.5%$ 40.53
8.0%$ 38.00
8.5%$ 35.76
9.0%$ 33.78
9.5%$ 32.00
10.0%$ 30.40

Copyright @ 2019 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.