GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CSX Corp (NAS:CSX) » Definitions » 5-Year Dividend Growth Rate

CSX (CSX) 5-Year Dividend Growth Rate

: 8.30% (As of Mar. 2024)
View and export this data going back to 1980. Start your Free Trial

CSX's Dividends per Share for the three months ended in Mar. 2024 was $0.12.

During the past 12 months, CSX's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CSX was 53.00% per year. The lowest was -31.00% per year. And the median was 7.70% per year.

CSX's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.26. As of today, CSX's Dividend Yield % is 1.30%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Railroads subindustry, CSX's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CSX 5-Year Dividend Growth Rate Distribution

For the Transportation industry and Industrials sector, CSX's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where CSX's 5-Year Dividend Growth Rate falls into.



CSX 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


CSX  (NAS:CSX) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

CSX's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.12/ 0.46
=0.26

During the past 13 years, the highest Dividend Payout Ratio of CSX was 0.39. The lowest was 0.21. And the median was 0.27.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

CSX Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1202024-02-282024-02-292024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-11-292023-11-302023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-08-302023-08-312023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-05-302023-05-312023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CSX's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.45/34.34
=1.31 %

Current Share Price is $34.34.
CSX's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.45.

During the past 13 years, the highest Dividend Yield of CSX was 3.12%. The lowest was 0.99%. And the median was 1.37%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CSX 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of CSX's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


CSX (CSX) Business Description

Industry
Traded in Other Exchanges
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
Executives
Michael A. Cory officer: EVP & COO 500 WATER STREET, JACKSONVILLE FL 32202
Joseph R Hinrichs director, officer: President & CEO FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John J Zillmer director ARAMARK CORP, 1101 MARKET ST, PHILADELPHIA PA 19107
James L Wainscott director C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Stephen Fortune officer: EVP - CD&TO 500 WATER STREET, JACKSONVILLE FL 32202
Nathan D Goldman officer: EVP & CLO 500 WATER STREET, JACKSONVILLE FL 32202
Angela C Williams officer: VP & Controller 500 WATER STREET, JACKSONVILLE FL 32202
Mark Kenneth Wallace officer: EVP - Corporate Affairs 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Sean R. Pelkey officer: VP & Acting CFO 500 WATER STREET, JACKSONVILLE FL 32202
David M Moffett director C/O PAYPAL HOLDINGS INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Diana B Sorfleet officer: EVP & CAO 500 WATER STREET, JACKSONVILLE FL 32202
Thomas Bostick director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Kevin S. Boone officer: VP & Interim CFO 500 WATER STREET, JACKSONVILLE FL 32202
James M Foote officer: EVP & COO GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Paul C Hilal director MANTLE RIDGE, L.P., 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019