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

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GATX Corporation Announces Quarterly Dividend Increase

January 31, 2020 1:33 PM EST

CHICAGO, Jan. 31, 2020 (GLOBE NEWSWIRE) -- The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.48 per common share, payable March 31, 2020, to shareholders of record on Feb. 28, 2020.  GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 4.3% increase from the prior years dividend.

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 boards confidence in GATXs long-term... More