NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $75.17 as of 9:30 a.m. ET, the dividend yield is 1.9%.
The average volume for CSX has been 3.6 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 17.1% 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 17.5, equal to the average transportation industry P/E ratio 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, solid stock price performance, impressive record of earnings per share growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full