GATX Corporation Dividend Payout Attracts New Investors! – Get the Details Here! in this article. GATX Corporation operates as a railcar leasing company in the United States and internationally and has announced a dividend payout of $0.55 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with GATX Corporation reporting total revenue of 1.30 billion USD with a total net income of 157.50 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of GATX Corporation’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding GATX Corporation to their investment portfolio.
The dividend payout of $0.55 per stock represents a dividend yield of approximately 1.93% based on GATX Corporation’s current market price of $113.91 per stock.
Investors who hold GATX Corporation stocks are likely to benefit from this announcement as they will receive the dividend payout. GATX Corporation’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 14 June 2023. Therefore, investors who wish to receive the dividend must purchase GATX Corporation stocks before 14 June 2023.
GATX Corporation Dividend History | GATX Corporation Dividend Payout Attracts New Investors!
GATX Corporation Dividend – The current dividend yield of GATX Corporation is 1.93%.
| Dividend | Amount | Date |
| Cash Dividend | $0.550 | Mar 2, 2023 |
| Cash Dividend | $0.520 | Dec 14, 2022 |
| Cash Dividend | $0.520 | Sep 14, 2022 |
| Cash Dividend | $0.520 | Jun 14, 2022 |
| Cash Dividend | $0.520 | Feb 24, 2022 |
| Cash Dividend | $0.500 | Dec 14, 2021 |
Dividend Stocks 2023
GATX Corporation operates as a railcar leasing company in the United States and internationally.
GATX Corporation management:
President, Chief Executive Officer, and Director – Robert C. Lyons
Website: gatx.com
Conclusion
In conclusion, GATX Corporation’s dividend announcement of $0.15 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of May 8, 2023, and consider adding GATX Corporation to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is GATX Corporation a good investment?
As per experts, GATX Corporation looks suitable for long-term investment.
Is GATX Corporation Government or Private?
GATX Corporation is a private company.
Is GATX Corporation a dividend-paying stock?
Yes, GATX Corporation is a dividend-paying stock. The current dividend yield of GATX Corporation is 1.93%.
What does GATX Corporation do?
GATX Corporation operates as a railcar leasing company in the United States and internationally.
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