CSX Corp. (CSX) Raises Quarterly Dividend 12.5% to $0.18; 2.2% Yield
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CSX Corporation Announces First-Quarter Earnings, Dividend Increase and New Share Repurchase Program
April 14, 2015 4:02 PM EDTJACKSONVILLE, Fla., April 14, 2015 /PRNewswire/ --
Highlights:
Double-digit growth in operating income, net earnings and earnings per share Quarterly dividend increases 13 percent, effective in June New $2 billion share repurchase programCSX Corporation (NYSE: CSX) today announced first-quarter 2015 net earnings of $442 million, an 11 percent increase from $398 million in the same period last year. The company also generated earnings per share of $0.45, a 13 percent increase from $0.40 per share in the first quarter of 2014.
Revenue in the quarter was $3.0 billion, driven by... More
