CSX Corporation has announced an eight percent increase in its quarterly dividend, raising it to $0.14 per share. This move, part of a broader strategy to enhance shareholder value, follows substantial share repurchases totaling $3.48 billion in 2023 and significant cash dividends of $882 million. Additionally, CSX is set to modernize its fleet through a $670 million agreement with Wabtec Corporation, converting older locomotives to more efficient AC traction, while also preparing for deliveries of new Evolution Series locomotives this year.
“CSX Corp. · announced · quarterly dividend · $0.14 per share”
“CSX Corp. · approved · dividend payment · eight percent increase”
“CSX · is based in · Jacksonville, Florida”
“CSX · provides · transportation services · rail, intermodal and rail-to-truck transload services”
“CSX Corporation · approved · dividend hike · 7.6%”
“CSX Corporation · raised quarterly cash dividend to · 14 cents per share · 56 cents annualized”
“CSX Corporation · paid out dividend on · March 13, 2026 · to shareholders of record at the close of business on Feb. 27”
“CSX · repurchased shares worth · 3.48 billion · during 2023”
“CSX · paid cash dividends of · 882 million · during 2023”
“CSX · repurchased shares worth · 2.23 billion · during 2024”
“CSX · paid cash dividends of · 930 million · during 2024”
“CSX · repurchased shares worth · 1.39 billion · during 2025”
