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CSX Corporation Declares Quarterly Dividend

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On May 7, 2021, CSX Corp. announced a quarterly dividend of $0.28 per share on its common stock, payable on June 15, 2021. Shareholders on record by the close of business on May 31, 2021 will receive this dividend. CSX, a leading transportation company based in Jacksonville, Florida, provides rail and intermodal services across a wide range of markets, significantly contributing to economic growth. The company has a robust network connecting major metropolitan areas in the eastern U.S. and interacts with over 230 short-line railroads.

Positive
  • Quarterly dividend of $0.28 per share approved.
  • Dividend payment date set for June 15, 2021.
  • Strong market position and extensive network support sustainable growth.
Negative
  • None.

JACKSONVILLE, Fla., May 07, 2021 (GLOBE NEWSWIRE) -- Today, the Board of Directors of CSX Corp. (NASDAQ: CSX) approved a $0.28 per share quarterly dividend on the company's common stock. The dividend is payable on June 15, 2021, to shareholders of record at the close of business on May 31, 2021.

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 the CSX dividend amount for June 2021?

The CSX dividend amount for June 2021 is $0.28 per share.

When will CSX pay its dividend?

CSX will pay its dividend on June 15, 2021.

What is the record date for CSX's dividend payment?

The record date for CSX's dividend payment is May 31, 2021.

How does CSX's dividend reflect its financial health?

The approval of the dividend reflects CSX's strong market position and commitment to returning value to shareholders.

CSX Corporation

NASDAQ:CSX

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Railroads
Railroads, Line-haul Operating
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United States of America
JACKSONVILLE