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However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). ... CSX Price Action ...
CSX Corporation ( NASDAQ:CSX ) stock is about to trade ex-dividend in 4 days. If you purchase the stock on or after the...
CSX Corporation (NASDAQ:CSX) stock witnessed a sharp decline after missing second quarter estimates. In addition, a weaker guidance for 2019 accelerated the decline. However, after touching a near ...
CSX initially saw a 10% drop in its stock price, but turned around to hit a new 52-week high less than a month later (January 2018). [28] Harrison's successors have continued the shift to precision railroading, with most hump yards converted to flat yards, low volume shipping lanes eliminated and reductions in rolling stock and work force.
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In 2017, CSX cut its workforce by 3,300 employees. In 2018, roughly 2,200 jobs were cut. A further reduction of 4,000 positions is planned by 2020. CSX estimates that after these cuts it will have a workforce of about 21,000 people. CSX is also trying to increase profits by monetizing some of its real estate.
In the latest trading session, CSX (CSX) closed at $65.91, marking a -1.36% move from the previous day.
CSX (CSX) closed at $70.37 in the latest trading session, marking a +1.85% move from the prior day.