Csx's latest quarterly cash dividend of $0.12 per share was issued to shareholders on record before Feb 28, 2024. The dividend distribution stands at $0.45 per share annually, which comes to a dividend yield of 1.31%. The latest CSX dividend of $0.12 is an increase from the previous $0.11 payout, representing a growth of 9%.
Csx's dividend yield of 1.31% is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.43%, Csx's dividend yield is 8% lower. The current dividend yield is in line with the historical average of 1.3% of the last 5 years.
Csx has been paying dividends for the last 30 years. Our records show that CSX has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% 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 2.4%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 28, 2024 | Mar 15, 2024 | Feb 14, 2024 | $0.12 | normal |
| Nov 29, 2023 | Dec 15, 2023 | Oct 11, 2023 | $0.11 | normal |
| 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 24.7% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 30.1%, Csx's payout ratio is 18% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UNP Union Pacific Corp | 2.24% | $5.2 | 49.7% |
| NSC Norfolk Southern Corp | 2.24% | $5.4 | 67.2% |
| CSX Csx Corp | 1.31% | $0.45 | 24.7% |
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 May 2024.
Csx's last regular dividend was on Feb 28, 2024 (ex-date) with the amount of $0.12 per share.
On an annual basis CSX pays $0.45 per share.
Csx's current dividend yield is 1.31%.
Csx pays four dividends per year.
The dividend payout ratio of Csx is 24.7%.
Csx's dividend yield is less than the Industrials sector average.