CSX Corporation Stock Dividends
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
AI Analysis of CSX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.33% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 9.09% |
| Payout Ratio | 0 |
| Amount Per Share | $0.120 |
| Next Ex-Dividend Date | May 30, 2024 |
| Next Payment Date | Jun 14, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from CSX the purchase should be done within the next 6 days.
Here's a simple guide on how to buy CSX stock.
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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 131 | Feb 18, 1992 | Feb 18, 1992 | Mar 13, 1992 | $0.0106 | 0.672% |
| 132 | Nov 19, 1991 | Nov 19, 1991 | Dec 13, 1991 | $0.0106 | 0.743% |
| 133 | Aug 19, 1991 | Aug 19, 1991 | Sep 13, 1991 | $0.0097 | 0.715% |
| 134 | May 20, 1991 | May 20, 1991 | Jun 14, 1991 | $0.0097 | 0.748% |
| 135 | Feb 19, 1991 | Feb 19, 1991 | Mar 15, 1991 | $0.0097 | 0.97% |
| 136 | Oct 11, 1990 | Nov 16, 1990 | Dec 14, 1990 | $0.0097 | 1.13% |
| 137 | Jul 13, 1990 | Aug 20, 1990 | Sep 14, 1990 | $0.0097 | 1.24% |
| 138 | Apr 18, 1990 | May 21, 1990 | Jun 15, 1990 | $0.0097 | 1.00% |
| 139 | Feb 15, 1990 | Feb 20, 1990 | Mar 15, 1990 | $0.0097 | 1.03% |
| 140 | Nov 10, 1989 | Nov 17, 1989 | Dec 15, 1989 | $0.0097 | 0.98% |
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
Growth potential
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 (0.507%). CSX’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.18%), which means that there are more attractive dividend stocks to consider.
CSX Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Paychex | 45.319B | $0.98 | 2.98% | 77.27% | |
| Fastenal Company | 37.966B | $0.390 | 2.90% | 89.86% | |
| PACCAR Inc. | 55.35B | $0.300 | 2.56% | 44.05% | |
| Automatic Data Processing | 103.199B | $1.40 | 2.26% | 57.46% | |
| CSX Corporation | 64.65B | $0.120 | 1.33% | 24.61% | |
| Expeditors International of Washington | 16.628B | $0.690 | 1.13% | 29.03% | |
| Old Dominion Freight Line | 38.125B | $0.520 | 1.12% | 15.05% | |
| Cintas Corporation | 71.019B | $1.35 | 0.91% | 33.97% | |
| Ryanair Holdings plc | 22.243B | $0.94 | 0.665% | - | |
| Verisk Analytics | 35.883B | $0.390 | 0.602% | 26.15% |
