GATX Corp. (GATX) Raises Quarterly Dividend 5.8% to $0.55; 1.9% Yield

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Go back to GATX Corp. (GATX) Raises Quarterly Dividend 5.8% to $0.55; 1.9% Yield

GATX Corporation Announces Quarterly Dividend Increase

January 27, 2023 12:28 PM EST

CHICAGO--(BUSINESS WIRE)-- The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.55 per common share, payable Mar. 31, 2023, to shareholders of record on Mar. 3, 2023. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 5.8% increase from the prior years dividend.

2023 marks our 105th consecutive year of paying a dividend, a track record few companies can match, said Robert C. Lyons, president and chief executive officer of GATX. In the past decade alone, GATX has invested nearly $9.0 billion in our business while also... More