GATX Corp. (GATX) Raises Quarterly Dividend 4.2% to $0.50; 2.2% Yield

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GATX Corporation Announces Quarterly Dividend Increase

January 29, 2021 2:13 PM EST

CHICAGO, Jan. 29, 2021 (GLOBE NEWSWIRE) -- The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.50 per common share, payable March 31, 2021, to shareholders of record on Feb. 26, 2021. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 4.2% increase from the prior years dividend.

2021 marks our 103rd consecutive year of paying a dividend, a track record that few companies can match, said Brian A. Kenney, president and chief executive officer of GATX. Over the past decade, GATX has invested approximately $8.0 billion in our business... More