CSX Corp. Announces Increase to Quarterly Dividend
February 12 2020 - 3:05PM
CSX Corp. (NASDAQ: CSX) today announced that the Company’s board of
directors has authorized an 8% increase in its quarterly dividend,
from $0.24 to $0.26 per share. The new $0.26 quarterly dividend is
payable March 13, 2020, to shareholders of record at the close of
business Feb. 28, 2020.
About CSX and its
Disclosures
CSX, based in Jacksonville, Florida, is a
premier transportation company. It provides rail,
intermodal and rail-to-truck transload services and solutions to
customers across a broad array of markets, including energy,
industrial, construction, agricultural and consumer
products. For nearly 200 years, CSX has played a
critical role in the nation's economic expansion and industrial
development. Its network connects every major
metropolitan area in the eastern United States, where nearly
two-thirds of the nation's population resides. It also
links more than 230 short-line railroads and more than 70 ocean,
river and lake ports with major population centers and farming
towns alike.
This announcement, as well as additional
financial information, is available on the company's website at
http://investors.csx.com. CSX also uses social media channels to
communicate information about the company. Although social media
channels are not intended to be the primary method of disclosure
for material information, it is possible that certain information
CSX posts on social media could be deemed to be material.
Therefore, we encourage investors, the media, and others interested
in the company to review the information we post on Twitter
(http://twitter.com/CSX) and on Facebook
(http://www.facebook.com/OfficialCSX). The social media channels
used by CSX may be updated from time to time. More information
about CSX and its subsidiaries is available at www.csx.com.
Contact:Bill Slater, Investor
Relations904-359-1334
Bryan Tucker, Corporate Communications855-955-6397
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