CSX Stock Recent News
CSX LATEST HEADLINES
JACKSONVILLE, Fla., July 10, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company's Board of Directors approved a $0.12 per share quarterly dividend on the Company's common stock. The dividend is payable on September 13, 2024, to shareholders of record at the close of business on August 30, 2024.
Railroad stocks are set to roll and we're going to climb aboard with two stocks—including one that's hiked payouts by 50% in five years—we'll delve into in a sec.
Shareholder-friendly initiatives bode well for the Zacks Transportation-Railroad industry. CNI, CP, CSX and NSC are well-poised to capitalize on the bullishness.
JACKSONVILLE, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release second quarter financial and operating results after the market close on Monday, August 5, 2024. This will be followed by a conference call and live webcast hosted by the company's management team at 4:30 p.m. Eastern Time.
CSX's top line is bolstered by high export coal volumes and increased domestic intermodal shipments. Efforts to reward its shareholders are commendable.
Genuine Parts (GPC), CSX Corporation (CSX), PulteGroup (PHM), Kellanova (K) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as markets move up on AI-driven rally.
CSX Corporation remains a top-tier dividend growth stock with a focus on commodities and merchandise. Despite facing headwinds like inflationary pressures, CSX has navigated challenges effectively with diversified revenue streams. CSX continues to impress with its resilience, operational performance, and long-term growth potential, despite recent stock price underperformance.
High export coal volumes, increased domestic intermodal shipments and growth in other segments boost CSX's top line. However, network issues and supply-chain disruptions are major headwinds.
JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) has been honored by USA TODAY as one of America's Climate Leaders 2024. This marks the second consecutive year that CSX has been ranked among U.S. companies for achieving significant reductions in emissions intensity between 2020 and 2022.
Railroad traffic is a barometer of economic activity. In 2023, that worked in favor of the sector.