CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, automotive, minerals, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. The company also offers intermodal transportation services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 19,500 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
CSX Dividend Announcement
• CSX announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• CSX annual dividend for 2024 was $0.48
• CSX annual dividend for 2023 was $0.44
• CSX's trailing twelve-month (TTM) dividend yield is 1.44%
• CSX's payout ratio for the trailing twelve months (TTM) is 25.19%
• CSX's dividend growth over the last five years (2018-2023) was -12.94% year
• CSX's dividend growth over the last ten years (2013-2023) was -2.89% year
CSX Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.12 | quarterly | 2024-12-13 |
| 2024-08-30 | $0.12 | quarterly | 2024-09-13 |
| 2024-05-31 | $0.12 | quarterly | 2024-06-14 |
| 2024-02-28 | $0.12 | quarterly | 2024-03-15 |
| 2023-11-29 | $0.11 | quarterly | 2023-12-15 |
| 2023-08-30 | $0.11 | quarterly | 2023-09-15 |
| 2023-05-30 | $0.11 | quarterly | 2023-06-15 |
| 2023-02-27 | $0.11 | quarterly | 2023-03-15 |
| 2022-11-29 | $0.10 | quarterly | 2022-12-15 |
| 2022-08-30 | $0.10 | quarterly | 2022-09-15 |
| 2022-05-27 | $0.10 | quarterly | 2022-06-15 |
| 2022-02-25 | $0.10 | quarterly | 2022-03-15 |
| 2021-11-29 | $0.09 | quarterly | 2021-12-15 |
| 2021-08-30 | $0.09 | quarterly | 2021-09-15 |
| 2021-05-27 | $0.28 | quarterly | 2021-06-15 |
| 2021-02-25 | $0.28 | quarterly | 2021-03-15 |
| 2020-11-27 | $0.26 | quarterly | 2020-12-15 |
| 2020-08-28 | $0.26 | quarterly | 2020-09-15 |
| 2020-05-28 | $0.26 | quarterly | 2020-06-15 |
| 2020-02-27 | $0.26 | quarterly | 2020-03-13 |
| 2019-11-27 | $0.24 | quarterly | 2019-12-13 |
| 2019-08-29 | $0.24 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.24 | quarterly | 2019-06-14 |
| 2019-02-27 | $0.24 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.22 | quarterly | 2018-12-14 |
| 2018-08-30 | $0.22 | quarterly | 2018-09-14 |
| 2018-05-30 | $0.22 | quarterly | 2018-06-15 |
| 2018-02-28 | $0.22 | quarterly | 2018-03-15 |
| 2017-11-29 | $0.20 | quarterly | 2017-12-15 |
| 2017-08-29 | $0.20 | quarterly | 2017-09-15 |
| 2017-05-26 | $0.20 | quarterly | 2017-06-15 |
| 2017-02-24 | $0.18 | quarterly | 2017-03-15 |
| 2016-11-28 | $0.18 | quarterly | 2016-12-15 |
| 2016-08-29 | $0.18 | quarterly | 2016-09-15 |
| 2016-05-26 | $0.18 | quarterly | 2016-06-15 |
| 2016-02-25 | $0.18 | quarterly | 2016-03-15 |
| 2015-11-25 | $0.18 | quarterly | 2015-12-15 |
| 2015-08-27 | $0.18 | quarterly | 2015-09-15 |
| 2015-05-27 | $0.18 | quarterly | 2015-06-15 |
| 2015-02-25 | $0.16 | quarterly | 2015-03-13 |
| 2014-11-25 | $0.16 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.16 | quarterly | 2014-09-15 |
| 2014-05-23 | $0.16 | quarterly | 2014-06-13 |
| 2014-02-26 | $0.15 | quarterly | 2014-03-14 |
| 2013-11-26 | $0.15 | quarterly | 2013-12-13 |
| 2013-08-28 | $0.15 | quarterly | 2013-09-13 |
| 2013-05-29 | $0.15 | quarterly | 2013-06-14 |
| 2013-02-26 | $0.14 | quarterly | 2013-03-15 |
CSX Dividend per year
CSX Dividend growth
CSX Dividend Yield
CSX current trailing twelve-month (TTM) dividend yield is 1.44%. Interested in purchasing CSX stock? Use our calculator to estimate your expected dividend yield:
CSX Financial Ratios
P/E ratio17.70
PEG ratio5.40
P/B ratio4.98
ROE28.93%
Payout ratio25.19%
Current ratio1.39
Quick ratio1.23
Cash Ratio0.64
CSX Dividend FAQ
How much is the next CSX dividend?
CSX's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CSX dividend. The next CSX dividend will be released in February, May, August, or November.
When is CSX dividend paid?
CSX pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does CSX pay?
The specific amount of CSX dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CSX's dividend history.
Does CSX stock pay dividends?
Yes, CSX does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CSX's dividend history.
How much dividend does CSX pay?
CSX paid $0.48 in 2024, $0.44 in 2023, $0.4 in 2022, $0.746 in 2021, and $1.04 in 2020.
How often does CSX pay dividends?
CSX typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is CSX's dividend yield?
The current dividend yield for CSX is 1.44%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate CSX's exact dividend yield.
When does CSX go ex dividend?
CSX's ex-dividend date for the latest dividend was on 2024-11-29. CSX typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next CSX dividend paid?
CSX pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will CSX increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether CSX will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is CSX dividend per share?
CSX paid $0.48 per share in 2024 and $0.44 per share in 2023. The amount of dividend per share that CSX pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is CSX a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CSX a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CSX a dividend stock?
Yes, CSX is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CSX a good dividend stock?
Whether CSX is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CSX has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CSX as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating CSX as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does CSX pay dividends monthly?
CSX typically pays dividends on a quarterly basis.
Does CSX pay dividends quarterly?
CSX currently pays dividends on a quarterly basis.
Has CSX ever paid a dividend?
Yes, CSX has a history of paying dividends to its shareholders. CSX is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CSX dividend stocks?
To buy CSX you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy CSX stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy CSX stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does CSX pay dividends 2024?
CSX pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will CSX increase its dividend in 2024?
Decisions regarding CSX dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date CSX dividend overview you can look into the above table of dividend history.
How CSX dividend works?
The CSX dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how CSX's dividend process works:
1. Determination of Dividend: CSX's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CSX publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CSX distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CSX are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: CSX's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CSX publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CSX distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CSX are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are CSX dividends paid?
CSX dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CSX sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CSX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CSX declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: CSX sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CSX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CSX declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does CSX pay dividends?
CSX typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does CSX pay dividends?
The general pattern is that CSX pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CSX dividend safe?
The safety of CSX's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of CSX's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CSX's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of CSX's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CSX's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.