GATX hikes dividend by 4%

On January 278, 2022, GATX Corporation (GATX) declared a new quarterly dividend of $0.52 per share, up from $0.50 previously. The next ex-dividend date for GATX is February 24, 2022. In 2021 GATX hiked its dividend by 4.2%.

GATX Corporation is a railcar leasing company with fleets in North America, Europe and Asia. In addition GATX operates a fleet of US-flagged vessels on the Great Lakes and owns and manages other assets. The company operates through four business segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (“ASC”). GATX, headquartered in Chicago, Illinois, since its founding in 1898, has paid quarterly dividends without interruption since 1919.

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