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CSX Corporation Stock Dividends Overview

CSX pays dividends quarterly. Last paid amount was $0.120 at Mar 15, 2024. As of today, dividend yield (TTM) is 1.33%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.33%
Frequency Quarterly
1Y Growth 9.09%
Payout Ratio 0
Amount Per Share $0.120
CSX Corporation has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.

CSX Dividend Payout History

To ensure a understanding of CSX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 14, 2024 Feb 28, 2024 Mar 15, 2024 $0.120 0.325%
2 Oct 11, 2023 Nov 29, 2023 Dec 15, 2023 $0.110 0.324%
3 Jul 12, 2023 Aug 30, 2023 Sep 15, 2023 $0.110 0.357%
4 May 10, 2023 May 30, 2023 Jun 15, 2023 $0.110 0.328%
5 Feb 14, 2023 Feb 27, 2023 Mar 15, 2023 $0.110 0.380%
6 Oct 06, 2022 Nov 29, 2022 Dec 15, 2022 $0.100 0.315%
7 Jul 13, 2022 Aug 30, 2022 Sep 15, 2022 $0.100 0.331%
8 May 10, 2022 May 27, 2022 Jun 15, 2022 $0.100 0.340%
9 Feb 16, 2022 Feb 25, 2022 Mar 15, 2022 $0.100 0.291%
10 Oct 07, 2021 Nov 29, 2021 Dec 15, 2021 $0.0930 0.255%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (71.07%)

Growth potential

Stable (5.76%)

CSX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CSX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CSX stock here.

Comparing CSX to Sector and Country

CSX pays a solid dividend yield of 1.33%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.521%). CSX’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.39%), which means that there are more attractive dividend stocks to consider.

CSX Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Fastenal Company 39.013B $0.390 3.53% 89.86%
Paychex 43.185B $0.89 3.03% 77.27%
PACCAR Inc. 58.668B $0.270 2.61% 33.01%
ADP
Automatic Data Processing 101.194B $1.40 2.26% 58.19%
CSX
CSX Corporation 66.526B $0.120 1.33% 24.61%
Expeditors International of Washington 16.304B $0.690 1.13% 26.83%
Old Dominion Freight Line 39.708B $0.520 1.12% 10.57%
Cintas Corporation 67.498B $1.35 0.95% 33.97%
Ryanair Holdings plc 24.987B $0.94 0.665% -
Verisk Analytics 31.709B $0.390 0.602% 26.15%

FAQ

What factors can affect the amount of CSX's dividend payments?
The amount of CSX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CSX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CSX stock be automatically reinvested?
If CSX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CSX stock.

How often does CSX pay dividend?
CSX Corporation (CSX) pays dividends quarterly. The most recent payout was on Mar 15, 2024.

How much does CSX pays per share?
The last recorder (Feb 28, 2024) dividend per share was $0.120.

What is CSX dividend growth rate?
Over the last year, CSX Corporation has witnessed growth rate of 9.09% . Looking back over the past 3 years, this growth rate has been 8.74%. Furthermore, examining the past 5 years, CSX Corporation has maintained an average Dividends Per Share Growth Rate of 8.45%.
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About CSX Corporation

CSX 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, ... CSX Profile

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