Uncovering Dividend Opportunities with NASDAQ:CSX.

CSX CORP (NASDAQ:CSX) was identified as a stock worth exploring by dividend investors by our stock screener. NASDAQ:CSX scores well on profitability, solvency and liquidity. At the same time it seems to pay a decent dividend. We'll explore this a bit deeper below.

Exploring NASDAQ:CSX's Dividend

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NASDAQ:CSX has been awarded a 7 for its dividend quality:

• Compared to an average industry Dividend Yield of 1.82, CSX pays a better dividend. On top of this CSX pays more dividend than 80.56% of the companies listed in the same industry.
• The dividend of CSX is nicely growing with an annual growth rate of 8.38%!
• CSX has been paying a dividend for at least 10 years, so it has a reliable track record.
• CSX has not decreased their dividend for at least 10 years, which is a reliable track record.
• 25.28% of the earnings are spent on dividend by CSX. This is a low number and sustainable payout ratio.

Health Analysis for NASDAQ:CSX

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NASDAQ:CSX has earned a 5 out of 10:

• Looking at the Debt to FCF ratio, with a value of 6.23, CSX is in the better half of the industry, outperforming 72.22% of the companies in the same industry.
• CSX has a better Current ratio (1.39) than 72.22% of its industry peers.
• CSX has a Quick ratio of 1.23. This is in the better half of the industry: CSX outperforms 66.67% of its industry peers.

Profitability Examination for NASDAQ:CSX

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NASDAQ:CSX was assigned a score of 8 for profitability:

• With a decent Return On Assets value of 8.41%, CSX is doing good in the industry, outperforming 77.78% of the companies in the same industry.
• Looking at the Return On Equity, with a value of 28.02%, CSX belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
• CSX has a better Return On Invested Capital (10.27%) than 80.56% of its industry peers.
• With an excellent Profit Margin value of 24.68%, CSX belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
• Looking at the Operating Margin, with a value of 37.08%, CSX belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
• Looking at the Gross Margin, with a value of 72.40%, CSX belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.

More Best Dividend stocks can be found in our Best Dividend screener.

For an up to date full fundamental analysis you can check the fundamental report of CSX

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.