GATX Corp. (GATX) Declares $0.42 Quarterly Dividend; 2.8% Yield
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GATX Corporation Announces Quarterly Dividend Increase
January 27, 2017 9:48 AM ESTCHICAGO, Jan. 27, 2017 (GLOBE NEWSWIRE) -- The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.42 per common share, payable March 31, 2017, to shareholders of record on March 10, 2017. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 5.0% increase from the prior years dividend.
Brian A. Kenney, president and chief executive officer of GATX stated, This dividend increase is reflective of the boards confidence in GATXs long-term outlook and demonstrates the Companys ongoing commitment to our shareholders.
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