Csx Corp (CSX): Price Now Near $101.56; Daily Chart Shows An Uptrend on 100 Day Basis
At the moment, CSX (
Get Ratings)’s price is down $-0.01 (-0.01%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as CSX has now gone down 4 of the past 5 hours. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment meaning the trend across timeframes is inconsistent, indicating a potential
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Operator
Good day, and thank you for standing by and welcome to the Q1 2021 CSX Corporation Earnings Conference Call. [Operator Instructions] After the speaker s remarks, there will be a question-and-answer session. [Operator Instructions]
I d now like to hand the conference over to your speaker today, Bill Slater, Head of Investor Relations. Please go ahead.
Bill Slater
Head of Investor Relations
Thank you and good afternoon, everyone. Joining me on today s call are Jim Foote, President and Chief Executive Officer; Kevin Boone, Chief Financial Officer; and Jamie Boychuk, Executive Vice President of Operations.
On Slide 2 is our forward-looking disclosure followed by our non-GAAP disclosure on Slide 3.
CSX increases dividend by 8%
CSX Corp. said late Monday its board has authorized an 8% increase in its quarterly dividend to 28 cents a share. The dividend is payable on March 15 to shareholders of record at the close of business on Feb. 26, the railroad operator said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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