Greenbrier declares quarterly dividend of $0.30 per share

Rhea-AI Summary

The Greenbrier Companies announces quarterly cash dividend of $0.30 per share

Positive

• The Greenbrier Companies will pay a quarterly cash dividend of $0.30 per share
• The dividend will be payable on November 29, 2023
• The dividend is a positive sign for stockholders

Negative

• None.

LAKE OSWEGO, Ore., Oct. 20, 2023 /PRNewswire/ -- The Greenbrier Companies (NYSE: GBX) announced today a quarterly cash dividend of $0.30 per share, payable on November 29, 2023 to stockholders of record as of November 8, 2023.

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 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 maintenance services business unit. Greenbrier owns a lease fleet of approximately 12,500 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at www.gbrx.com.

Forward-Looking Statements

This press release contains forward-looking statements, including statements that are not purely statements of historical fact. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Information on factors that may cause our actual results to differ materially from the forward-looking statements include the risks, uncertainties and factors described in more detail 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 Annual Report on Form 10-K. 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.

View original content:https://www.prnewswire.com/news-releases/greenbrier-declares-quarterly-dividend-of-0-30-per-share-301962767.html

SOURCE The Greenbrier Companies, Inc.

FAQ

What is the dividend amount announced by The Greenbrier Companies?

The Greenbrier Companies has announced a quarterly cash dividend of $0.30 per share.

When will the dividend be payable?

The dividend will be payable on November 29, 2023.

What is the record date for the dividend?

The record date for the dividend is November 8, 2023.