Greenbrier declares quarterly dividend of $0.27 per share
The Greenbrier Companies (NYSE: GBX) has announced a quarterly cash dividend of $0.27 per share, which will be paid on November 29, 2022, to stockholders of record as of November 8, 2022. Greenbrier is a key player in the global freight transportation market, specializing in the design, manufacturing, and marketing of freight railcars and marine barges across North America, Europe, and Brazil. Additionally, the company manages a fleet of 421,000 railcars, providing vital leasing and regulatory compliance services.
- Quarterly cash dividend of $0.27 per share announced.
- Payment date set for November 29, 2022, reflecting strong shareholder returns.
- None.
LAKE OSWEGO, Ore., Oct. 21, 2022 /PRNewswire/ -- The Greenbrier Companies (NYSE: GBX) announced today a quarterly cash dividend of
About Greenbrier
Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America through our rail services business unit. Greenbrier manages 421,000 railcars and offers railcar management, regulatory compliance services and leasing services to railroads and other railcars owners in North America. GBX Leasing (GBXL) is a special purpose subsidiary that owns and manages a portfolio of leased railcars that originate primarily from Greenbrier's manufacturing operations. GBXL and Greenbrier own a lease fleet of 11,800 railcars. Learn more about Greenbrier at www.gbrx.com.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Information on potential factors that could cause our results to differ from our forward-looking statements is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic report on Form 10-K and subsequent documents. Except as otherwise required by law, the Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date hereof.
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SOURCE The Greenbrier Companies, Inc.
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