Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

CSX CORPORATION

(CSX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

CSX Announces Stock Split

06/04/2021 | 08:45am EDT

JACKSONVILLE, Fla., June 04, 2021 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that its Board of Directors has approved a 3-for-1 stock split to be distributed to shareholders as a stock dividend.   Each shareholder of record at the close of business on June 18, 2021, will receive two additional shares of CSX common stock for each share held as of this record date. The new shares will be distributed on June 28, 2021.

The regular, quarterly cash dividend of $0.28 per share payable on June 15, 2021, will not be impacted by the stock split.   Based on the current dividend rate, the post-split quarterly dividend on the company's common stock would be $0.093* per share.

*On a post-split basis, the dividend will be carried out six decimal places to most closely approximate the current dividend amount.

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 Corporation and its subsidiaries is available at www.csx.com.

Contact:
Bill Slater, Investor Relations
904-359-1334

Bryan Tucker, Corporate Communications
855-955-6397


Primary Logo


© GlobeNewswire 2021
All news about CSX CORPORATION
07/29CSX : Insider Selling at CSX (CSX) Continues with Significant Sale
MT
07/29Maine Governor Adds Name to Growing List of Supporters of the CSX/Pan Am Merg..
GL
07/28CSX : Insider at CSX (CSX) Makes Significant Sale of Stock
MT
07/28INSIDER TRENDS : CSX Insider Continues 90-Day Selling Trend
MT
07/28North American Rail Traffic Rose 4.6% in Week Ended July 24
DJ
07/27INSIDER TRENDS : Selling By Insiders Lingers at CSX
MT
07/26CSX CORPORATION : Declares Quarterly Dividend
AQ
07/26CSX Corporation Declares Quarterly Dividend, Payable on September 15, 2021
CI
07/23CSX : Deutsche Bank Adjusts CSX Price Target to $38 (Split Adjusted) From $115, ..
MT
07/22US Stocks Post Slim Gains Thursday After Surprise Jump in Jobless Claims
MT
More news
Financials (USD)
Sales 2021 12 144 M - -
Net income 2021 3 580 M - -
Net Debt 2021 14 114 M - -
P/E ratio 2021 20,2x
Yield 2021 1,14%
Capitalization 72 251 M 72 251 M -
EV / Sales 2021 7,11x
EV / Sales 2022 6,61x
Nbr of Employees 19 000
Free-Float 99,9%
Chart CSX CORPORATION
Duration : Period :
CSX Corporation Technical Analysis Chart | CSX | US1264081035 | MarketScreener
Technical analysis trends CSX CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Last Close Price 32,09 $
Average target price 36,27 $
Spread / Average Target 13,0%
EPS Revisions
Managers and Directors
James M. Foote President, Chief Executive Officer & Director
Sean R. Pelkey Chief Financial Officer & Vice President
John J. Zillmer Non-Executive Chairman
Ricky E. Johnson Senior Vice President-Engineering & Mechanical
Kathleen Brandt Chief Information Officer & Senior Vice President
Sector and Competitors