When it comes to paying out dividends,
most U.S. railroads, like geysers, give out sporadically. Only the
Pennsylvania Railroad Co. is an Old Faithful. Last week Pennsy
performed on schedule; it declared its 99th consecutive common stock
dividend. The $1 dividend will be made to Pennsy's 214,995 stockholders
on April 13, the 100th birthday of the road.
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