GATX Corporation Stock Dividends
GATX pays dividends quarterly. Last paid amount was $0.580 at Mar 31, 2024. As of today, dividend yield (TTM) is 1.90%.
Dividend Yield Range
AI Analysis of GATX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.90% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 5.45% |
| Payout Ratio | 0 |
| Amount Per Share | $0.580 |
| Next Ex-Dividend Date | Jun 14, 2024 |
| Next Payment Date | Jun 30, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from GATX the purchase should be done within the next 27 days.
Here's a simple guide on how to buy GATX stock.
GATX Dividend Payout History
To ensure a understanding of GATX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 161 | Oct 29, 1985 | Nov 22, 1985 | Dec 13, 1985 | $0.0750 | 0.95% |
| 162 | Jul 30, 1985 | Sep 09, 1985 | Sep 30, 1985 | $0.0750 | 1.04% |
| 163 | Apr 23, 1985 | Jun 07, 1985 | Jun 28, 1985 | $0.0750 | 1.06% |
| 164 | Jan 09, 1985 | Feb 27, 1985 | Mar 29, 1985 | $0.0750 | 0.89% |
| 165 | Oct 30, 1984 | Nov 27, 1984 | Dec 14, 1984 | $0.0750 | 0.92% |
| 166 | Jul 31, 1984 | Sep 10, 1984 | Sep 28, 1984 | $0.0750 | 1.00% |
| 167 | May 01, 1984 | Jun 11, 1984 | Jun 29, 1984 | $0.0750 | 1.05% |
| 168 | Feb 28, 1984 | Mar 07, 1984 | Mar 30, 1984 | $0.0750 | 1.02% |
| 169 | Nov 02, 1983 | Nov 23, 1983 | Dec 16, 1983 | $0.0750 | 0.93% |
| 170 | Aug 02, 1983 | Sep 07, 1983 | Sep 30, 1983 | $0.150 | 1.79% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
GATX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GATX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GATX stock here.
Comparing GATX to Sector and Country
GATX pays a solid dividend yield of 1.90%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.514%). GATX’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.38%), which means that there are more attractive dividend stocks to consider.
GATX Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Spirit Airlines | 444.574M | $0.100 | 8.26% | - | |
| GATX Corporation | 4.83B | $0.580 | 1.90% | 33.75% |
