NEW YORK (
) -- The ex-dividend date for
) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $21.70 as of 9:30 a.m. ET, the dividend yield is 2.3%.
The average volume for CSX has been nine million shares per day over the past 30 days. CSX has a market cap of $22.94 billion and is part of the
industry. Shares are up 3% year to date as of the close of trading on Thursday.
CSX Corporation, together with its subsidiaries, provides rail-based transportation services. The company offers traditional rail service, and the transport of intermodal containers and trailers. The company has a P/E ratio of 12.8, below the average transportation industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CSX as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full