CSX Announces Increase to Quarterly Dividend
CSX Corp. has announced an 8% increase in its quarterly dividend, raising it from $0.26 to $0.28 per share. This updated dividend will be payable on March 15, 2021, to shareholders recorded by the market close on February 26, 2021. CSX continues to provide vital transportation services, playing a critical role in the U.S. economy with its extensive rail network that connects major metropolitan areas and rural regions.
- Quarterly dividend increased by 8% from $0.26 to $0.28 per share.
- Dividend payment scheduled for March 15, 2021, enhancing shareholder value.
- None.
JACKSONVILLE, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from
About CSX and its Disclosures
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.
This announcement, as well as additional financial information, is available on the company's website at http://investors.csx.com. CSX also uses social media channels to communicate information about the company. Although social media channels are not intended to be the primary method of disclosure for material information, it is possible that certain information CSX posts on social media could be deemed to be material. Therefore, we encourage investors, the media, and others interested in the company to review the information we post on Twitter (http://twitter.com/CSX) and on Facebook (http://www.facebook.com/OfficialCSX). The social media channels used by CSX may be updated from time to time. More information about CSX Corporation and its subsidiaries is available at www.csx.com.
Contact:
Bill Slater, Investor Relations
904-359-1334
Bryan Tucker, Corporate Communications
855-955-6397
FAQ
What is CSX's new quarterly dividend amount?
When will CSX pay its new dividend?
Who will receive the CSX dividend?
