CHICAGO, Jan 28, 2011 (BUSINESS WIRE) --
The board of directors of GATX Corporation (NYSE:GMT) today declared a
quarterly dividend of $0.29 per common share, payable March 31, 2011, to
shareholders of record on February 25, 2011. This quarterly dividend
represents a 3.6% increase from the previous quarter.
"GATX's record of paying uninterrupted quarterly dividends since 1919 is
reflective of the Company's commitment to our shareholders," said Brian
A. Kenney, chairman and chief executive officer of GATX Corporation.
"The increase announced today is supported by the continued improvement
in our markets, and the confidence that the Board and management have in
GATX's long-term performance."
The board also declared a quarterly dividend of $0.625 per share on the
$2.50 preferred stock, payable March 1, 2011, to shareholders of record
on February 15, 2011, unchanged from the previous quarter.
COMPANY DESCRIPTION
GATX Corporation (NYSE:GMT) provides leasing 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 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
Jennifer Van Aken, 312-621-6689
jennifer.vanaken@gatx.com