CSX Corporation (NASDAQ:CSX) declared quarterly dividend of $ 0.26 per share, or $ 1.04 annualized.
The dividend will be payable on September 15, 2020, to stockholders of record on August 31, 2020, with an ex-dividend date of August 28, 2020.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
CSX Corporation communicated income for the first quarter of $ 1.00 per share, from the revenue of $ 2,855.00 million. The quarterly earnings dropped 1.96 percent compared with the same quarter last year. Street analysts expected CSX Corporation to report income of $ 0.94 per share on revenue of $ 2860.15 million for the first quarter. The bottom line results beat street analysts by $ 0.06 or 6.38 percent, at the same time, top line results fell short of analysts by $ 5.15 million or 0.18 percent.
Stock Performance
According to the previous trading day, closing price of CSX was $ 68.52, representing a 46.38 % increase from the 52 week low of $ 46.81 and a 15.01 % decrease over the 52 week high of $ 80.62.
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The company has a market capital of $ 52.89 billion and is part of the Industrials sector and Railroads industry.
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services, as well as transports intermodal containers and trailers. It transports chemicals, automotive, agricultural and food products, minerals, fertilizers, forest products, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants.
