GATX Corporation Announces Quarterly Dividend

Rhea-AI Summary

GATX Corporation has declared a quarterly dividend of $0.48 per common share, scheduled for payment on December 31, 2020, to shareholders on record by December 15, 2020. This amount remains unchanged from the previous quarter. GATX, established in 1898, is recognized as a leading global railcar leasing company, delivering quality railcars and services for over 121 years. The company continues to focus on customer service and shareholder value.

Positive

• Quarterly dividend of $0.48 per share announced, maintaining a consistent payout for shareholders.

Negative

• None.

CHICAGO, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.48 per common share, payable Dec. 31, 2020, to shareholders of record on Dec. 15, 2020. This quarterly dividend is unchanged from the prior quarter.

COMPANY DESCRIPTION
GATX Corporation (NYSE:GATX) strives to be recognized as the finest railcar leasing company in the world by our customers, our shareholders, our employees and the communities where we operate. As the leading global railcar lessor, GATX has been providing quality railcars and services to its customers for over 121 years. GATX has been headquartered in Chicago, Illinois since its founding in 1898. For more information, please visit the Company's website at www.gatx.com.

AVAILABILITY OF INFORMATION ON GATX'S WEBSITE
Investors and others should note that GATX routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts and the GATX Investor Relations website. While not all of the information that the Company posts to the GATX Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in GATX to review the information that it shares on www.gatx.com under the “Investor Relations” tab.

FOR FURTHER INFORMATION CONTACT:

GATX Corporation
Shari Hellerman
Director, Investor Relations
GATX Corporation
312-621-4285
shari.hellerman@gatx.com

FAQ

What is the dividend amount for GATX in Q4 2020?

GATX declared a quarterly dividend of $0.48 per common share for Q4 2020.

When will GATX's dividend be paid?

The dividend will be paid on December 31, 2020.

What is the record date for GATX's dividend?

The record date for the dividend is December 15, 2020.

How often does GATX pay dividends?

GATX pays dividends quarterly.

Is GATX's dividend sustainable?

The dividend amount has remained unchanged, indicating stability in GATX’s dividend policy.