SmarterDividends
CSX

CSX Corporation

CSX23 yrs growth

Industrials · Stock · quarterly payer

Forward Yield

1.21%

Annual Dividend

$0.56

Payout Ratio

33%

5-Yr Growth

8.4%

Ex-Date

May 29, 2026

Frequency

Quarterly

CSX Dividend Safety Score

87/ 100
Grade A

Very Safe

Dividend-growth streak24 consecutive years of growth
Cut historyCut its dividend in 2001
Earnings payout coverage33% of earnings paid out
Free-cash-flow coverage92% of free cash flow
Balance-sheet strengthDebt/equity of 1.43
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CSX a good dividend stock?

Yes

CSX Corporation (CSX) pays a quarterly dividend yielding 1.21% ($0.56/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 23 consecutive years of dividend growth
  • Comfortable payout ratio (33%)
  • Strong 8.4% 5-yr dividend growth
  • 46% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2001

Key Data

Dividend Yield
1.21%
Payout Ratio
33%
Annual Dividend
$0.56
5-Yr Avg Growth
8.4%
Ex-Dividend Date
May 29, 2026
Years of Growth
23
Frequency
quarterly
Beta
1.22
Market Cap
$85.9B
P/E Ratio
28.4
5-Yr Total Return
46%
52-Week Range
$31.64 – $47.18
Dividend Safety
A · 87/100
Ever Cut?
Yes (2001)
CSX ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.56 / yr per share

Per payment (quarterly)$14.00
Annual$56.00
Monthly avg$4.67