NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $72.78 as of 9:31 a.m. ET, the dividend yield is 1.4%.
The average volume for CSX has been 3.1 million shares per day over the past 30 days. CSX has a market cap of $28 billion and is part of the
industry. Shares are up 12.9% year to date as of the close of trading on Tuesday.
CSX Corporation, together with its subsidiaries, provides rail-based transportation services in North America. The company offers traditional rail service, and the transport of intermodal containers and trailers. The company has a P/E ratio of 18.4, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates CSX as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full