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CSX DECLARES DIVIDEND

 CSX DECLARES DIVIDEND
 RICHMOND, Va., May 1 /PRNewswire/ -- The board of directors of


CSX Corporation (NYSE: CSX) today approved regular quarterly dividends on the company's common stock and serial preferred stock, Series A.
 The 38 cents per share dividend on the common stock is payable June 15, 1992, to shareholders of record on May 22. The $1.75 per share dividend on the preferred stock is payable July 31, 1992, to shareholders of record on June 30.
 All previously unredeemed shares of the Series A preferred stock are scheduled to be redeemed on July 31, 1992. This redemption will be the fifth and final annual redemption required under the terms of the Series A stock issue. CSX will mail individual notices explaining the redemption and conversion options to shareholders whose Series A stock will be redeemed on July 31, 1992.
 -0- 5/1/92
 /CONTACT: Thomas E. Hoppin or Suzanne S. Walston of CSX, 804-782-1406/
 (CSX) CO: CSX Corporation ST: Virginia IN: TRN SU: DIV


JS -- PH009 -- 5365 05/01/92 10:05 EDT
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Publication:PR Newswire
Date:May 1, 1992
Words:174
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