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GATX Corporation operates as railcar leasing company in the United States and internationally. The company operates through three segments: Rail North America, Rail International, and Portfolio Management. It leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. The company also offers services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and lining operations, exterior blast and painting, and car stenciling. In addition, it leases aircraft spare engines, directly-owned aircraft spare engines, and five liquefied gas-carrying vessels, as well as manages portfolios of assets for third parties. The company owns a fleet of approximately 147,000 railcars; 539 four-axle and 29 six-axle locomotives; and 5 vessels. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

GATX Dividend Announcement

GATX announced a quarterly dividend of $0.58 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-13
GATX annual dividend for 2024 was $2.32
GATX annual dividend for 2023 was $2.20
GATX's trailing twelve-month (TTM) dividend yield is 1.88%
GATX's payout ratio for the trailing twelve months (TTM) is 30.62%
GATX's dividend growth over the last five years (2018-2023) was 4.56% year
GATX's dividend growth over the last ten years (2013-2023) was 5.90% year

GATX Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-13$0.58quarterly2024-12-31
2024-09-13$0.58quarterly2024-09-30
2024-06-14$0.58quarterly2024-06-30
2024-02-29$0.58quarterly2024-03-31
2023-12-14$0.55quarterly2023-12-31
2023-09-14$0.55quarterly2023-09-30
2023-06-14$0.55quarterly2023-06-30
2023-03-02$0.55quarterly2023-03-31
2022-12-14$0.52quarterly2022-12-31
2022-09-14$0.52quarterly2022-09-30
2022-06-14$0.52quarterly2022-06-30
2022-02-24$0.52quarterly2022-03-31
2021-12-14$0.50quarterly2021-12-31
2021-09-14$0.50quarterly2021-09-30
2021-06-14$0.50quarterly2021-06-30
2021-02-25$0.50quarterly2021-03-31
2020-12-14$0.48quarterly2020-12-31
2020-09-14$0.48quarterly2020-09-30
2020-06-12$0.48quarterly2020-06-30
2020-02-27$0.48quarterly2020-03-31
2019-12-12$0.46quarterly2019-12-31
2019-09-12$0.46quarterly2019-09-30
2019-06-13$0.46quarterly2019-06-30
2019-03-01$0.46quarterly2019-03-31
2018-12-13$0.44quarterly2018-12-31
2018-09-13$0.44quarterly2018-09-30
2018-06-14$0.44quarterly2018-06-30
2018-03-02$0.44quarterly2018-03-31
2017-12-14$0.42quarterly2017-12-31
2017-09-14$0.42quarterly2017-09-30
2017-06-13$0.42quarterly2017-06-30
2017-03-08$0.42quarterly2017-03-31
2016-12-13$0.40quarterly2016-12-31
2016-09-13$0.40quarterly2016-09-30
2016-06-13$0.40quarterly2016-06-30
2016-02-24$0.40quarterly2016-03-31
2015-12-11$0.38quarterly2015-12-31
2015-09-11$0.38quarterly2015-09-30
2015-06-11$0.38quarterly2015-06-30
2015-02-25$0.38quarterly2015-03-31
2014-12-11$0.33quarterly2014-12-31
2014-09-11$0.33quarterly2014-09-30
2014-06-11$0.33quarterly2014-06-30
2014-02-26$0.33quarterly2014-03-31
2013-12-11$0.31quarterly2013-12-31
2013-09-11$0.31quarterly2013-09-30
2013-06-12$0.31quarterly2013-06-30
2013-02-27$0.31quarterly2013-03-31

GATX Dividend per year

GATX Dividend growth

GATX Dividend Yield

GATX current trailing twelve-month (TTM) dividend yield is 1.88%. Interested in purchasing GATX stock? Use our calculator to estimate your expected dividend yield:

GATX Financial Ratios

P/E ratio19.92
PEG ratio-4.09
P/B ratio2.24
ROE11.67%
Payout ratio30.62%
Current ratio2.10
Quick ratio2.10
Cash Ratio1.48

GATX Dividend FAQ

How much is the next GATX dividend?
GATX's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next GATX dividend. The next GATX dividend will be released in March, June, September, or December.
When is GATX dividend paid?
GATX pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does GATX pay?
The specific amount of GATX dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find GATX's dividend history.
Does GATX stock pay dividends?
Yes, GATX does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find GATX's dividend history.
How much dividend does GATX pay?
GATX paid $2.32 in 2024, $2.2 in 2023, $2.08 in 2022, $2.0 in 2021, and $1.92 in 2020.
How often does GATX pay dividends?
GATX typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is GATX's dividend yield?
The current dividend yield for GATX is 1.88%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate GATX's exact dividend yield.
When does GATX go ex dividend?
GATX's ex-dividend date for the latest dividend was on 2024-12-13. GATX typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next GATX dividend paid?
GATX pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will GATX increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether GATX will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is GATX dividend per share?
GATX paid $2.32 per share in 2024 and $2.2 per share in 2023. The amount of dividend per share that GATX pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is GATX a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is GATX a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is GATX a dividend stock?
Yes, GATX is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is GATX a good dividend stock?
Whether GATX is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. GATX has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating GATX as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does GATX pay dividends monthly?
GATX typically pays dividends on a quarterly basis.
Does GATX pay dividends quarterly?
GATX currently pays dividends on a quarterly basis.
Has GATX ever paid a dividend?
Yes, GATX has a history of paying dividends to its shareholders. GATX is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy GATX dividend stocks?
To buy GATX you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy GATX stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does GATX pay dividends 2024?
GATX pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will GATX increase its dividend in 2024?
Decisions regarding GATX dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date GATX dividend overview you can look into the above table of dividend history.
How GATX dividend works?
The GATX dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how GATX's dividend process works:

1. Determination of Dividend: GATX's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, GATX publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, GATX distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from GATX are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are GATX dividends paid?
GATX dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: GATX sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, GATX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: GATX declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does GATX pay dividends?
GATX typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does GATX pay dividends?
The general pattern is that GATX pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is GATX dividend safe?
The safety of GATX's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of GATX's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review GATX's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.