CSX Corporation Releases Details on Latest Dividend Decision
CSX Corporation Declares Quarterly Dividend
CSX Corporation, a leading transportation company, has recently announced that its Board of Directors has approved a quarterly dividend of $0.12 per share for common stockholders. This decision reflects the company's ongoing commitment to providing value to its shareholders. The dividend will be paid on December 13 to shareholders recorded by the close of business on November 29.
About CSX Corporation
Based in Jacksonville, Florida, CSX Corporation operates as a premier transportation provider, delivering comprehensive rail and intermodal solutions. With nearly 200 years of service, CSX plays a vital role in facilitating the movement of goods across various sectors, including energy, industrial, construction, agricultural, and consumer products. Its extensive network connects every major metropolitan area in the eastern United States, making it a crucial part of the nation’s economic infrastructure.
Core Services Offered by CSX
CSX offers a wide array of services that enhance logistical efficiency. Their rail services include both direct transportation and transloading capabilities, enabling seamless intermodal travel between rail and truck. By linking agricultural producers with consumers, CSX fosters an essential supply chain that benefits various industries.
CSX's Economic Impact
Over the years, CSX has contributed significantly to the economic landscape of the eastern United States. The company's network supports over two-thirds of the nation's population while connecting over 240 short-line railroads to major urban centers. This level of connectivity not only bolsters regional economies but also enhances job creation and supports sustainable development through efficient transportation solutions.
Shareholder Engagement and Transparency
CSX is committed to maintaining transparency with its shareholders and the public. Although CSX shares crucial information through traditional channels, it also embraces social media as a means to communicate with its audience. This modern approach ensures that investors and the media stay informed about the latest developments at CSX.
Follow CSX on Social Media
Investors and community members are encouraged to follow CSX on platforms like Facebook and X for timely updates. This connectivity allows CSX to engage with its stakeholders meaningfully. By leveraging social media, the company efficiently disseminates vital information, further reinforcing its dedication to keeping its audience informed.
Contact Information for CSX Corporation
For any inquiries regarding investor relations or corporate communications, interested parties can reach out to the following representatives:
Matthew Korn, CFA, Investor Relations
Phone: 904-366-4515
Bryan Tucker, Corporate Communications
Phone: 855-955-6397
Frequently Asked Questions
What is the recent dividend declared by CSX Corporation?
CSX Corporation has declared a quarterly dividend of $0.12 per share on its common stock, payable in December.
Who qualifies for the upcoming dividend payment?
Shareholders recorded by the close of business on November 29 will qualify for the dividend payment scheduled for December 13.
What services does CSX Corporation provide?
CSX provides rail, intermodal, and rail-to-truck transload services, supporting various markets such as energy, industrial, and agricultural sectors.
How does CSX contribute to the economy?
CSX plays a critical role in connecting major urban centers and agricultural areas, fostering economic growth and job creation across the eastern United States.
How can stakeholders stay informed about CSX Corporation?
Stakeholders can follow CSX on social media platforms like Facebook and X to receive real-time updates on company news and developments.
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