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GATX (GATX) Dividend Yield, Date & History

GATX logo
$157.72 +2.55 (+1.64%)
(As of 12/24/2024 04:45 PM ET)

GATX Dividend Summary

Dividend Yield
1.47%
Annual Dividend
$2.32
Next
Dividend Payment
Dec. 31
Dividend Increase
Track Record
14 Years
Annualized 3-Year
Dividend Growth
4.64%
Dividend Payout Ratio
31.02%

GATX (GATX) pays an annual dividend of $2.32 per share, with a dividend yield of 1.47%. The next quarterly payment of $0.58 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Friday, December 13. GATX has grown its dividend for 14 consecutive years, with an average annual increase of 1.52%. The company currently pays out 31.02% of its earnings and 13.24% of its cash flow as dividends.

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GATX Dividend Payments by Quarter

The chart below displays up to four years of GATX's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GATX Dividend Yield Over Time

The chart below tracks GATX's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

GATX vs. The Competition

Compare GATX's annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeGATXTransportation CompaniesNYSE Companies
Annual Dividend$2.32$0.01$1.39
Dividend Yield1.47%4.52%3.66%
Annualized 3-Year Dividend Growth4.64%26.12%15.74%
Track Record14 years18 years25 years

GATX Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings31.02%
Based on This Year's Estimate30.53%
Based on Cashflow13.24%

GATX Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/25/2024Quarterly$0.58 - 1.68%12/13/202412/13/202412/31/2024
7/26/2024Quarterly$0.58 - 1.66%9/13/20249/13/20249/30/2024
4/26/2024Quarterly$0.58 - 1.82%6/14/20246/14/20246/30/2024
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1/26/2024Quarterly$0.58+$0.03
5.45%
1.82%2/29/20243/1/20243/31/2024
10/27/2023Quarterly$0.55 - 2.14%12/14/202312/15/202312/31/2023
7/28/2023quarterly$0.55 - 1.8%9/14/20239/15/20239/30/2023
4/28/2023quarterly$0.55 - 1.9%6/14/20236/15/20236/30/2023
1/27/2023quarterly$0.55+$0.03
5.77%
2%3/2/20233/3/20233/31/2023

This table shows GATX's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

GATX Dividend - Frequently Asked Questions

The current dividend yield for GATX is 1.47%. Learn more on GATX's dividend yield history.

The annual dividend for GATX shares is $2.32. Learn more on GATX's annual dividend history.

GATX pays quarterly dividends to shareholders.

GATX's next quarterly dividend payment of $0.58 per share will be made to shareholders on Tuesday, December 31, 2024.

GATX's most recent quarterly dividend payment of $0.58 per share was made to shareholders on Monday, September 30, 2024.

GATX's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 4.64% per year.

GATX has increased its dividend for the past 14 consecutive years.

The most recent change in the company's dividend was an increase of $0.03 on Friday, January 26, 2024.

The dividend payout ratio for GATX is:
  • 31.02% based on the trailing year of earnings
  • 30.53% based on this year's estimates
  • 13.24% based on cash flow

GATX's dividend yield of 1.48% is lower than the average Transportation company that issues a dividend. The company's 14 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. GATX's dividend payout ratio of 31.02% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate GATX stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:GATX) was last updated on 12/25/2024 by MarketBeat.com Staff
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