CSX Stock To Go Ex-dividend Tomorrow (CSX)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for CSX (NYSE: CSX) is tomorrow, May 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $25.93 as of 9:31 a.m. ET, the dividend yield is 2.4%.

The average volume for CSX has been 7.1 million shares per day over the past 30 days. CSX has a market cap of $26.06 billion and is part of the services sector and transportation industry. Shares are up 29.2% year to date as of the close of trading on Friday.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full CSX Ratings Report.

See our dividend calendar or top-yielding stocks list.

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