CHICAGO--(BUSINESS WIRE)--Feb. 2, 2015--
The board of directors of GATX Corporation (NYSE:GMT) declared a
quarterly dividend of $0.38 per common share, payable March 31, 2015, to
shareholders of record on February 27, 2015. GATX has paid quarterly
dividends uninterrupted since 1919, and the increase announced today
represents a more than 15% increase from the prior quarter.
Brian A. Kenney, chairman, president and chief executive officer of GATX
Corporation said, “With this decision, the Board established a new
dividend level that reflects the significant increase in GATX’s
committed cash flow. It also demonstrates the Board’s favorable view of
GATX’s long-term outlook and the Company’s continuing commitment to
return capital to its shareholders.”
COMPANY DESCRIPTION
GATX Corporation (NYSE:GMT) strives to be recognized as the finest
railcar leasing company in the world by its customers, its shareholders,
its employees and the communities where it operates. With the largest
railcar lease fleet in the world, GATX has been providing quality
railcars and services to its customers for more than 115 years. GATX has
been headquartered in Chicago, Illinois, since its founding in 1898. For
more information, please 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
Director, Investor Relations
312-621-6689
jennifer.vanaken@gatx.com