GATX Corp. (GATX) Raises Quarterly Dividend 4.3% to $0.48; 2.5% Yield

GATX Corp. (NYSE: GATX) declared a quarterly dividend of $0.48 per share, or $1.92 annualized. This is a 4.3% increase from the prior dividend of $0.46.

The dividend will be payable on March 31, 2020, to stockholders of record on February 28, 2020, with an ex-dividend date of February 27, 2020.

The annual yield on the dividend is 2.5 percent.

Brian A. Kenney, president and chief executive officer of GATX stated, “2020 marks our 102nd consecutive year of paying a dividend, a track record that few companies can match. This dividend increase reflects the board’s confidence in GATX’s long-term outlook and demonstrates the Company’s continued commitment to return capital to our shareholders.”

For a dividend history and other dividend-related data on GATX Corp. (GATX) click here.

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