NEW YORK ( TheStreet) -- The ex-dividend date for CSX (NYSE: CSX) 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 services sector and transportation 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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