CSX - 10% Annual Returns? How CSX Stock Can Supercharge Your Portfolio

2024-04-19 04:08:11 ET

Summary

• CSX Corporation is a top-tier dividend growth stock with a strong track record of elevated returns.
• The company reported strong earnings, demonstrating its ability to handle inflationary pressures and poor demand effectively.
• CSX has a diversified revenue stream and a focus on high-margin segments, making it a reliable investment option for long-term growth.

Introduction

It's time to talk about one of my all-time favorite dividend growth stocks, a company that is not yet a part of my dividend (growth) portfolio.

That company is the CSX Corporation ( CSX ) , one of North America's largest Class I railroads and one of the best sources for elevated returns in the past few decades.

Over the past ten years alone, the CSX ticker has returned close to 330%, beating the tech-heavy S&P 500 by more than 100 points!...

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