CSX

Five Reasons to Buy Railroad Stocks

Railroad stocks are poised for resurgence despite Wednesday%u2019s post-earnings slips for Union Pacific and CSX. The fundamentals for the industry are solid -- and that includes other railroad operators like Kansas City Southern and Norfolk Southern.

CSX Boosts Dividend by 8% on Improved Results

The third largest U.S. railroad operator CSX announced Wednesday it would boost its quarterly dividend by 8%, from 24 cents to 26 cents, returning more of its earnings to shareholders.

Railway Giant CSX Rolled Ahead in Second Quarter

Railway operator CSX said second-quarter profit increased 47% or $414 million from the previous quarter. CSX had predicted a 96 cents a share increase, but exceeded expectations with the $1.07 a share increase. Revenue rose 22%, pushed by an improving economy and higher prices.