CSX Corporation (CSX) Increases Dividend 22%
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On June 24, 2008, the Board of CSX Corporation (NYSE: CSX) approved a 22% increase in the quarterly dividend on the company's common stock to $0.22 per share. The dividend is payable on September 15, 2008 to shareholders of record at the close of business on September 1, 2008. CSX has more than tripled its quarterly dividend over the past three years.
CSX Corporation delivered record revenues, operating income and earnings per share in the most recent quarter and has the most aggressive guidance in the industry.
CSX Corporation, based in Jacksonville, Fla., is one of the nation's leading transportation companies, providing rail, intermodal and rail-to-truck trainload services.
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