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| GATX Corporation Announces Quarterly Dividend |
CHICAGO, Jan 29, 2010 (BUSINESS WIRE) -- The board of directors of GATX Corporation (NYSE:GMT) today declared a quarterly dividend of $0.28 per common share, payable March 31, 2010, to shareholders of record on February 26, 2010. This quarterly dividend is unchanged from the prior quarter. Brian A. Kenney, chairman and chief executive officer of GATX Corporation, stated, "Although market conditions have stabilized, there are few signs of improvement. We anticipate that the economic recovery will be very gradual, and maintaining the quarterly dividend at the current level is consistent with this outlook. We are proud of our record of paying uninterrupted quarterly dividends since 1919, and we look forward to continuing this commitment to our shareholders." The board also declared a quarterly dividend of $0.625 per share on the $2.50 preferred stock, payable March 1, 2010, to shareholders of record on February 15, 2010, unchanged from the previous quarter. COMPANY DESCRIPTION GATX Corporation (NYSE:GMT) provides lease financing and related services to customers operating rail, marine and other targeted assets. GATX is a leader in leasing transportation assets and controls one of the largest railcar fleets in the world. Applying over a century of operating experience and strong market and asset expertise, GATX provides quality assets and services to customers worldwide. GATX has been headquartered in Chicago, Illinois since its founding in 1898 and has traded on the New York Stock Exchange since 1916. For more information, visit the Company's website at http://www.gatx.com. Investor, corporate, financial, historical financial, photographic and news release information may be found at www.gatx.com. SOURCE: GATX Corporation GATX Corporation |