CSX Increases Dividend 9% to 12 Cents
Provided by
Dow Jones
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 denny.jacob@wsj.com
(END) Dow Jones Newswires
February 14, 2024 16:20 ET (21:20 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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