GATX Corp. (GATX) Declares $0.58 Quarterly Dividend; 1.8% Yield

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GATX Corporation Announces Quarterly Dividend Increase

January 26, 2024 11:01 AM EST

CHICAGO--(BUSINESS WIRE)-- The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.58 per common share, payable Mar. 31, 2024, to shareholders of record on Mar. 3, 2024. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 5.5% increase from the prior years dividend.

2024 marks our 106th 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 $9.7 billion in our business while also returning over... More