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CSX a 'socially responsible' stock, Dividend Channel says
is listed among the "Top 25 Socially Responsible Dividend Stocks" by the Dividend Channel. The Class I ranks at No. 16 on the list.
The ranking means CSX is recognized by prominent asset managers as being a "socially responsible investment" through an analysis of various social and environmental criteria, according to the Dividend Channel.
Environmental criteria include the environmental impact of the company's products and services, as well as its efficiency in using energy and resources. Social criteria include human rights, child labor, corporate diversity and impacts on society, such as business activities tied to weapons, gambling, tobacco and alcohol.
The top-ranked companies on the Dividend Channel's list are Intel Corp. at No. 1, Microsoft Corp. at No. 2, Bristol-Myers Squibb C. at No. 3, McDonald's Corp. at No. 4 and PepsiCo Inc. at No. 5.
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