Csx's latest quarterly cash dividend of $0.11 per share was issued to shareholders on record before Aug 30, 2023. The dividend distribution stands at $0.43 per share annually, which comes to a dividend yield of 1.4%.
Csx's dividend yield of 1.4% is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.58%, Csx's dividend yield is 11% lower. The current dividend yield is more than the historical average of 1.2% of the last 5 years.
Csx has been paying dividends for the last 29 years. Our records show that CSX has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. However with the price of the stock up by 12% from a year ago, the dividend yield has a decrease of 2.3%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 30, 2023 | Sep 15, 2023 | Jul 12, 2023 | $0.11 | normal |
| May 30, 2023 | Jun 15, 2023 | May 10, 2023 | $0.11 | normal |
| Feb 27, 2023 | Mar 15, 2023 | Feb 15, 2023 | $0.11 | normal |
| Nov 29, 2022 | Dec 15, 2022 | Oct 6, 2022 | $0.1 | normal |
| Aug 30, 2022 | Sep 15, 2022 | Jul 13, 2022 | $0.1 | normal |
| May 27, 2022 | Jun 15, 2022 | May 10, 2022 | $0.1 | normal |
| Feb 25, 2022 | Mar 15, 2022 | Feb 16, 2022 | $0.1 | normal |
| Nov 29, 2021 | Dec 15, 2021 | Oct 6, 2021 | $0.093 | normal |
| Aug 30, 2021 | Sep 15, 2021 | Jul 26, 2021 | $0.093 | normal |
| May 27, 2021 | Jun 15, 2021 | May 7, 2021 | $0.093 | normal |
| Feb 25, 2021 | Mar 15, 2021 | Feb 10, 2021 | $0.093 | normal |
| Nov 27, 2020 | Dec 15, 2020 | Oct 8, 2020 | $0.087 | normal |
| Aug 28, 2020 | Sep 15, 2020 | Jul 8, 2020 | $0.087 | normal |
| May 28, 2020 | Jun 15, 2020 | May 6, 2020 | $0.087 | normal |
| Feb 27, 2020 | Mar 13, 2020 | Feb 12, 2020 | $0.087 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Oct 2, 2019 | $0.08 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Jul 10, 2019 | $0.08 | normal |
| May 30, 2019 | Jun 14, 2019 | May 3, 2019 | $0.08 | normal |
| Feb 27, 2019 | Mar 15, 2019 | Feb 6, 2019 | $0.08 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Oct 3, 2018 | $0.073 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Aug 3, 2018 | $0.073 | normal |
| May 30, 2018 | Jun 15, 2018 | May 18, 2018 | $0.073 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Feb 11, 2018 | $0.073 | normal |
| Nov 29, 2017 | Dec 15, 2017 | Oct 4, 2017 | $0.067 | normal |
| Aug 29, 2017 | Sep 15, 2017 | Jul 7, 2017 | $0.067 | normal |
| May 26, 2017 | Jun 15, 2017 | Apr 19, 2017 | $0.067 | normal |
| Feb 24, 2017 | Mar 15, 2017 | Feb 8, 2017 | $0.06 | normal |
| Nov 28, 2016 | Dec 15, 2016 | Oct 5, 2016 | $0.06 | normal |
| Aug 29, 2016 | Sep 15, 2016 | Jul 13, 2016 | $0.06 | normal |
| May 26, 2016 | Jun 15, 2016 | May 13, 2016 | $0.06 | normal |
| Feb 25, 2016 | Mar 15, 2016 | Feb 10, 2016 | $0.06 | normal |
Csx's payout ratio of 21.7% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 29.2%, Csx's payout ratio is 26% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NSC Norfolk Southern Corp | 2.7% | $5.29 | 47.5% |
| UNP Union Pacific Corp | 2.57% | $5.2 | 47.4% |
| CSX Csx Corp | 1.42% | $0.43 | 21.7% |
Yes, Csx has paid four dividends in the last twelve months. CSX has been paying dividends since 1994.
CSX hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in November 2023.
Csx's last regular dividend was on Aug 30, 2023 (ex-date) with the amount of $0.11 per share.
On an annual basis CSX pays $0.43 per share.
Csx's current dividend yield is 1.4%.
Csx pays four dividends per year.
The dividend payout ratio of Csx is 21.7%.
Csx's dividend yield is less than the Industrials sector average.