
CSX Dividend
21 yrs growthCSX Corporation · Industrials · Railroads · quarterly payer
As of Nov 5, 2026, CSX pays a quarterly dividend of $0.14 per share, or $0.56 a year, a 1.08% yield at its $51.83 share price. The next ex-dividend date is Nov 30, 2026, paid Dec 15, 2026. It has raised its dividend 21 years in a row and has a dividend safety grade of A.
Forward Yield
1.08%
Annual Dividend
$0.56
Payout Ratio
29%
5-Yr Growth
8.4%
Ex-Date
Nov 30, 2026
Frequency
Quarterly
Key facts about CSX's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, CSX Corporation (CSX) has a forward dividend yield of 1.08%, based on an annual dividend of $0.56 per share and a share price of $51.83.
- As of Nov 5, 2026, CSX's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, CSX Corporation (CSX) has raised its dividend for 21 consecutive years as of Nov 5, 2026.
- CSX last cut its regular dividend in 2001.
- CSX's next ex-dividend date is Nov 30, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, CSX pays out 29% of its trailing 12-month earnings as dividends (its payout ratio).
- CSX's dividend has grown at an average rate of 8.4% a year over the past five years.
- As of Nov 5, 2026, CSX's 1.08% yield is 20% below its five-year average yield of 1.35%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for CSX is $29.01 per share, 44% below the $51.83 share price, so CSX screens as overvalued.
- CSX Corporation (CSX) pays its dividend quarterly, 4 times a year.
- CSX Corporation (CSX) has raised its regular dividend 32 times and cut it 1 time across the 184 payments on record since 1981. Its most recent change was a 7.7% increase to $0.140 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Aug 22, 2001.
- CSX (CSX) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 7.7%, was declared on Feb 26, 2026.
Cite this page
SmarterDividends, "CSX Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/CSX
Is CSX a good dividend stock?
YesCSX Corporation (CSX) pays a quarterly dividend yielding 1.08% ($0.56/yr), with 21 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
- 21 consecutive years of dividend growth
- Comfortable payout ratio (29%)
- Strong 8.4% 5-yr dividend growth
- 50% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2001
Key Data
- Dividend Yield
- 1.08%
- Payout Ratio
- 29%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Nov 30, 2026
- Years of Growth
- 21
- Frequency
- quarterly
- Beta
- 1.11
- Market Cap
- $96.0B
- P/E Ratio
- 27.0
- 5-Yr Total Return
- 50%
- 52-Week Range
- $33.63 – $53.60
- Dividend Safety
- A · 91/100
- Ever Cut?
- Yes (2001)
CSX dividend raises and cuts
CSX Corporation (CSX) has raised its regular dividend 32 times and cut it 1 time across the 184 payments on record since 1981. Its most recent change was a 7.7% increase to $0.140 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Aug 22, 2001.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 27, 2026 | Raise | $0.130 → $0.140 | +7.7% |
| Feb 28, 2025 | Raise | $0.120 → $0.130 | +8.3% |
| Feb 28, 2024 | Raise | $0.110 → $0.120 | +9.1% |
| Feb 27, 2023 | Raise | $0.100 → $0.110 | +10.0% |
| Feb 25, 2022 | Raise | $0.0930 → $0.100 | +7.5% |
| Feb 25, 2021 | Raise | $0.0867 → $0.0933 | +7.7% |
| Feb 27, 2020 | Raise | $0.0800 → $0.0867 | +8.3% |
| Feb 27, 2019 | Raise | $0.0733 → $0.0800 | +9.1% |
| Feb 28, 2018 | Raise | $0.0667 → $0.0733 | +10.0% |
| May 26, 2017 | Raise | $0.0600 → $0.0667 | +11.1% |
| May 27, 2015 | Raise | $0.0533 → $0.0600 | +12.5% |
| May 23, 2014 | Raise | $0.0500 → $0.0533 | +6.7% |
Show all 33 changes since 1981
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 29, 2013 | Raise | $0.0467 → $0.0500 | +7.1% |
| May 29, 2012 | Raise | $0.0400 → $0.0467 | +16.7% |
| May 26, 2011 | Raise | $0.0289 → $0.0400 | +38.5% |
| Nov 26, 2010 | Raise | $0.0267 → $0.0289 | +8.3% |
| Feb 24, 2010 | Raise | $0.0244 → $0.0267 | +9.1% |
| Aug 27, 2008 | Raise | $0.0200 → $0.0244 | +22.2% |
| May 28, 2008 | Raise | $0.0167 → $0.0200 | +20.0% |
| Aug 29, 2007 | Raise | $0.0133 → $0.0167 | +25.0% |
| Feb 27, 2007 | Raise | $0.0111 → $0.0133 | +20.0% |
| Aug 23, 2006 | Raise | $0.0072 → $0.0111 | +53.8% |
| Nov 22, 2005 | Raise | $0.0056 → $0.0072 | +30.0% |
| Aug 22, 2001 | Cut | $0.0167 → $0.0056 | −66.7% |
| Nov 21, 1997 | Raise | $0.0144 → $0.0167 | +15.4% |
| Nov 21, 1995 | Raise | $0.0122 → $0.0144 | +18.2% |
| Nov 18, 1993 | Raise | $0.0106 → $0.0122 | +15.8% |
| Nov 19, 1991 | Raise | $0.0097 → $0.0106 | +8.6% |
| Nov 17, 1989 | Raise | $0.0086 → $0.0097 | +12.9% |
| Nov 19, 1987 | Raise | $0.0081 → $0.0086 | +6.9% |
| May 20, 1985 | Raise | $0.0072 → $0.0081 | +11.5% |
| Aug 17, 1983 | Raise | $0.0066 → $0.0072 | +9.9% |
| Aug 18, 1981 | Raise | $0.0059 → $0.0066 | +10.9% |
Frequently Asked Questions
Is CSX a good dividend stock?
Yes. CSX Corporation (CSX) pays a quarterly dividend yielding 1.08% ($0.56/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CSX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CSX's fair value is about $29.01 versus a $51.83 share price — so it looks overvalued (-44% vs. fair value).
Is CSX's dividend safe?
CSX has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 21-year growth streak, a dividend cut in 2001, debt and yield-versus-history.
What is CSX's fair value?
Our blended fair-value estimate for CSX is about $29.01 per share, about 44% below the current $51.83 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CSX a buy, hold, or sell?
We don't issue formal ratings, but on the data CSX screens as "yes" and overvalued. CSX Corporation (CSX) pays a quarterly dividend yielding 1.08% ($0.56/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CSX cut its dividend?
CSX earns a dividend-safety grade of A (91/100), and has cut its dividend before (last in 2001). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CSX pay a dividend?
Yes. CSX Corporation pays a quarterly dividend of about $0.56 per share annually, a forward yield of roughly 1.08%.
How much dividend does 100 shares of CSX pay?
At $0.56 per share a year, 100 shares of CSX pay $56.00 a year in dividends before tax, about $14.00 each quarter. Buying them costs about $5,183 at the Nov 5, 2026 price.
What is CSX's dividend yield?
As of Nov 5, 2026, CSX's forward dividend yield is 1.08%, based on a $0.56 annual dividend and a $51.83 share price.
What is CSX's dividend per share?
As of Nov 5, 2026, CSX pays $0.56 per share per year, distributed on a quarterly basis.
What is CSX's dividend payout ratio?
As of Nov 5, 2026, CSX's payout ratio is 29% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has CSX grown its dividend?
As of Nov 5, 2026, CSX has increased its dividend for 21 consecutive years.
When is the next CSX ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for CSX is Nov 30, 2026.
CSX Price — Last 12 Months
Daily close
Price Return
1 Year
+47%
3 Years
+61%
5 Years
+50%
52-Week Range
$33.63 – $53.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CSX worth?
Overvaluedmedium confidenceOur blended fair-value estimate for CSX Corporation is $29.01 per share, versus a market price of $51.83. That implies 44% of downside.
Fair Value
$29.01
Current Price
$51.83
Downside
-44%
Margin of Safety
-79%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 25.5% annual free-cash-flow growth. We model 9.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.3% discount rate (CAPM), 9.9% growth for five years fading to 2.5% over the next five, $1.92 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CSX Dividend Safety Score
Very Safe
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
Dividend History
Full CSX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | Sep 15, 2026 | $0.1400 | regular |
| May 29, 2026 | Jun 15, 2026 | $0.1400 | regular |
| Feb 27, 2026 | Mar 13, 2026 | $0.1400 | regular |
| Nov 28, 2025 | Dec 15, 2025 | $0.1300 | regular |
| Aug 29, 2025 | Sep 15, 2025 | $0.1300 | regular |
| May 30, 2025 | Jun 13, 2025 | $0.1300 | regular |
| Feb 28, 2025 | Mar 14, 2025 | $0.1300 | regular |
| Nov 29, 2024 | Dec 13, 2024 | $0.1200 | regular |
| Aug 30, 2024 | Sep 13, 2024 | $0.1200 | regular |
| May 31, 2024 | Jun 14, 2024 | $0.1200 | regular |
| Feb 28, 2024 | Mar 15, 2024 | $0.1200 | regular |
| Nov 29, 2023 | Dec 15, 2023 | $0.1100 | regular |
| Aug 30, 2023 | Sep 15, 2023 | $0.1100 | regular |
| May 30, 2023 | Jun 15, 2023 | $0.1100 | regular |
Income Calculator
At $0.56 / yr per share
Similar Dividend Stocks
Compare CSX
Explore more
Lists and tools related to CSX
- Does CSX pay dividends? →
- Companies that raise dividends in February →
- Stocks that pay dividends in December →
- Safest dividend stocks →
- Industrials dividend stocks →
- CSX dividend calculator →
- CSX DRIP calculator →
- CSX: last day to buy for the dividend →
- Embed CSX dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
