SOURCE: Burlington Northern Santa Fe

July 20, 2006 11:40 ET

Burlington Northern Santa Fe Corporation Increases Quarterly Dividend by 25 Percent

FORT WORTH, TX -- (MARKET WIRE) -- July 20, 2006 -- Directors of Burlington Northern Santa Fe Corporation (NYSE: BNI) voted today, July 20, 2006, to increase BNSF's next quarterly dividend by 25 percent, or 5 cents per share, to 25 cents per share on outstanding common stock. This represents an annualized $1.00 per share dividend.

The dividend of 25 cents per share on common stock will be paid October 2, 2006, to shareholders of record September 11, 2006. Common shares outstanding on June 30, 2006, totaled approximately 362 million. Since mid-2003, BNSF's quarterly dividend has more than doubled.

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-sulphur 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.

Contact Information

  • Contact:
    Richard Russack
    (817) 867-6425