Burlington Northern Santa Fe Corporation Increases Quarterly Dividend by 25 Percent
2008-07-24 10:53:00
Burlington Northern Santa Fe Corporation Increases Quarterly Dividend by 25 Percent
FORT WORTH, TX–(EMWNews – July 24, 2008) – Directors of Burlington Northern Santa Fe
Corporation (
quarterly dividend by 25 percent, or 8 cents per share, to 40 cents per
share on outstanding common stock. This represents an annualized $1.60 per
share dividend.
The dividend of 40 cents per share on common stock will be paid October 1,
2008, to shareholders of record September 10, 2008. Common shares
outstanding on June 30, 2008, totaled approximately 344 million.
Burlington Northern Santa Fe Corporation’s subsidiary BNSF Railway Company
operates one of the largest railroad networks in North America, with about
32,000 route miles in 28 states and two Canadian provinces. The railway is
among the world’s top transporters of intermodal traffic, moves more grain
than any other North American railroad, transports the components of many
of the products we depend on daily, and hauls enough low-sulfur coal to
generate about ten percent of the electricity produced in the United
States. BNSF is an industry leader in Web-enabling a variety of customer
transactions at www.bnsf.com.
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