CSX Corporation Announces Increase to Quarterly Dividend

Rhea-AI Summary

CSX (NASDAQ: CSX) announced a quarterly dividend of $0.14 per share, payable March 13, 2026, to shareholders of record at the close of business on February 27, 2026. This represents an 8% increase from the prior quarterly dividend of $0.13 per share.

Positive

• Quarterly dividend raised to $0.14 per share
• 8% increase versus prior $0.13 dividend

Negative

• Absolute increase is only $0.01 per share
• Record date Feb 27, 2026 limits eligible shareholders

News Market Reaction – CSX

+1.02%

1 alert

+1.02% News Effect

On the day this news was published, CSX gained 1.02%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

JACKSONVILLE, Fla., Feb. 26, 2026 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced today that the Company’s Board of Directors approved a $0.14 per share quarterly dividend on the Company’s common stock, payable on March 13, 2026, to shareholders of record at the close of business on February 27, 2026. This reflects an eight percent increase over the previous dividend payment of $0.13 per share.

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 240 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 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 Facebook and on X, formerly known as Twitter. 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:
Matthew Korn, CFA, Investor Relations and Corporate Communications
904-366-4515

FAQ

What dividend did CSX announce for March 2026 and when is it payable?

CSX announced a $0.14 per share quarterly dividend, payable on March 13, 2026. According to the company, shareholders of record at the close of business on February 27, 2026 will receive the payment.

How much did CSX increase its dividend versus the prior payment (CSX)?

The dividend was increased by 8%, from $0.13 to $0.14 per share. According to the company, this reflects a $0.01 per share rise compared with the prior quarterly dividend.

Who is eligible for the CSX dividend payable March 13, 2026 (CSX)?

Shareholders of record at the close of business on February 27, 2026 are eligible for the dividend. According to the company, eligibility is determined by the shareholder record on that date.

Does the CSX dividend announcement change the company’s dividend payment schedule (CSX)?

No change to schedule was announced; the dividend is the regular quarterly payment. According to the company, the payment follows the usual quarterly cadence with a March 13, 2026 pay date.

What is the immediate cash impact of CSX’s dividend increase for shareholders (CSX)?

The immediate cash impact is an additional $0.01 per share for qualifying shareholders payable March 13, 2026. According to the company, this reflects the approved 8% increase over the prior dividend.