Railroad Riches: Why CSX Remains A Top-Tier Dividend Growth Stock
CSXCSX(CSX) Seeking Alpha·2024-08-06 20:45
traveler1116 Introduction It's time to talk about what has become one of my favorite dividend (growth) stocks recently. A company that has returned more than 290% over the past ten years, beating the tech-heavy S&P 500 (SP500) by a substantial margin despite cyclical headwinds since 2022 and a steep sell-off in 2015 due to similar macroeconomic headwinds. Data by YCharts As the chart above gives away, that company is the CSX Corporation (NASDAQ:CSX), the second-largest Class I railroad in the United Sta ...