Gatx's last quarterly dividend of $0.58 per share was on Feb 29, 2024 (ex-date). The annualized dividend payment of $2.23 per share represents a current dividend yield of 1.74%. The latest GATX payout of $0.58 marks a dividend growth of 5%.
GATX has a dividend yield of 1.74% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.42%, Gatx's dividend yield is 23% higher. Historically GATX's dividend yield has averaged at 2.2% in the last 5 years, which is above the current yield.
Gatx has a history of paying dividends since 1994. Our records of GATX show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 6% for the last twelve months. But with the stock price up by 10% from a year ago, the dividend yield has decreased by 3.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 29, 2024 | Mar 31, 2024 | Jan 26, 2024 | $0.58 | normal |
| Dec 14, 2023 | Dec 31, 2023 | Oct 27, 2023 | $0.55 | normal |
| Sep 14, 2023 | Sep 30, 2023 | Jul 28, 2023 | $0.55 | normal |
| Jun 14, 2023 | Jun 30, 2023 | Apr 28, 2023 | $0.55 | normal |
| Mar 2, 2023 | Mar 31, 2023 | Jan 27, 2023 | $0.55 | normal |
| Dec 14, 2022 | Dec 31, 2022 | Oct 28, 2022 | $0.52 | normal |
| Sep 14, 2022 | Sep 30, 2022 | Jul 29, 2022 | $0.52 | normal |
| Jun 14, 2022 | Jun 30, 2022 | Apr 22, 2022 | $0.52 | normal |
| Feb 24, 2022 | Mar 31, 2022 | Jan 28, 2022 | $0.52 | normal |
| Dec 14, 2021 | Dec 31, 2021 | Oct 29, 2021 | $0.5 | normal |
| Sep 14, 2021 | Sep 30, 2021 | Jul 30, 2021 | $0.5 | normal |
| Jun 14, 2021 | Jun 30, 2021 | Apr 23, 2021 | $0.5 | normal |
| Feb 25, 2021 | Mar 31, 2021 | Jan 29, 2021 | $0.5 | normal |
| Dec 14, 2020 | Dec 31, 2020 | Oct 30, 2020 | $0.48 | normal |
| Sep 14, 2020 | Sep 30, 2020 | Jul 31, 2020 | $0.48 | normal |
| Jun 12, 2020 | Jun 30, 2020 | Apr 24, 2020 | $0.48 | normal |
| Feb 27, 2020 | Mar 31, 2020 | Jan 31, 2020 | $0.48 | normal |
| Dec 12, 2019 | Dec 31, 2019 | Oct 25, 2019 | $0.46 | normal |
| Sep 12, 2019 | Sep 30, 2019 | Jul 26, 2019 | $0.46 | normal |
| Jun 13, 2019 | Jun 30, 2019 | Apr 30, 2019 | $0.46 | normal |
| Mar 1, 2019 | Mar 31, 2019 | Jan 25, 2019 | $0.46 | normal |
| Dec 13, 2018 | Dec 31, 2018 | Oct 26, 2018 | $0.44 | normal |
| Sep 13, 2018 | Sep 30, 2018 | Jul 27, 2018 | $0.44 | normal |
| Jun 14, 2018 | Jun 30, 2018 | May 1, 2018 | $0.44 | normal |
| Mar 2, 2018 | Mar 31, 2018 | Jan 26, 2018 | $0.44 | normal |
| Dec 14, 2017 | Dec 31, 2017 | Oct 27, 2017 | $0.42 | normal |
| Sep 14, 2017 | Sep 30, 2017 | Jul 28, 2017 | $0.42 | normal |
| Jun 13, 2017 | Jun 30, 2017 | May 5, 2017 | $0.42 | normal |
| Mar 8, 2017 | Mar 31, 2017 | Jan 27, 2017 | $0.42 | normal |
| Dec 13, 2016 | Dec 31, 2016 | Oct 28, 2016 | $0.4 | normal |
| Sep 13, 2016 | Sep 30, 2016 | Jul 29, 2016 | $0.4 | normal |
| Jun 13, 2016 | Jun 30, 2016 | $0.4 | normal | |
| Feb 24, 2016 | Mar 31, 2016 | Jan 29, 2016 | $0.4 | normal |
GATX has a payout ratio of 31.3% which is higher than the Industrials sector and the industry average. But in comparison with the Industrials sector average of 30.5%, Gatx's payout ratio is only 2.6% higher.
Yes, Gatx has paid four dividends in the last twelve months. GATX has been paying dividends since 1994.
GATX hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Gatx's last regular dividend was on Feb 29, 2024 (ex-date) with the amount of $0.58 per share.
GATX has paid dividend of $2.23 per share in the last year.
Gatx's current dividend yield is 1.74%.
Gatx pays dividends quarterly.
Gatx's dividend payout ratio is 31.3%.
Gatx's dividend yield is above the Industrials sector average.