CSX Corp. Raises Quarterly Dividend by 10%
February 15 2023 - 9:42AM
Dow Jones News
By Colin Kellaher
CSX Corp. on Wednesday said its board raised the quarterly
dividend by 10%, to 11 cents, from 10 cents.
The new payout, equal to 44 cents a year, represents an annual
yield of about 1.4% based on Tuesday's closing price of $31.44, up
from 1.27%
The Jacksonville, Fla., freight railroad said the increased
dividend is payable March 15 to shareholders of record Feb. 28.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 15, 2023 09:27 ET (14:27 GMT)
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