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CSX Increases Dividend 9% to 12 Cents

By Denny Jacob


CSX increased its quarterly dividend 9% to 12 cents a share.

The new payout, equal to 48 cents a year, represents an annual yield of 1.3% based on Wednesday's closing price of $37.

The Jacksonville, Fla.-based railroad, which operates in much of the Eastern U.S., said the dividend is payable on March 15 to shareholders of record at the close of business on Feb. 29.


Write to Denny Jacob at


(END) Dow Jones Newswires

February 14, 2024 16:20 ET (21:20 GMT)

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