CSX Corporation

CSX Corporation announced that its Board of Directors approved a $0.14 per share quarterly dividend on common stock, payable June 15, 2026, to shareholders of record as of May 29, 2026.

May marks Shareholder Meeting Month with major corporations holding Annual General Meetings across sectors including Consumer Staples, Industrials, Financials, Tech, and Energy. Key topics include consumer spending resilience, AI strategy, energy production amid geopolitical tensions, and economic health. Notable meetings include PepsiCo, Southwe...

CSX Corp. launched a public resource website to help shippers and communities engage with the Surface Transportation Board's review of Union Pacific and Norfolk Southern's refiled merger application. CSX argues that the proposed combination would create industry imbalance by reducing competitive routing options for rail shippers, as it would resu...

CSX reported Q1 earnings of 43 cents per share, beating analyst estimates of 39 cents by 10.26%, though quarterly revenue of $3.48 billion slightly missed the Street estimate of $3.49 billion. The railroad company saw 2% year-over-year revenue growth driven by higher merchandise pricing, intermodal volume growth, and increased domestic coal reven...

Hedge fund billionaire Daniel Loeb reshuffled his railroad industry exposure at Third Point LLC in Q4 FY25. He opened a new 500,000-share position in CSX, boosted Union Pacific holdings by 107% to 1.81 million shares, and cut Norfolk Southern stake by 41% to 975,000 shares. CSX and UNP are near 52-week highs with strong 12-month gains, while NSC ...