GATX Corporation (NYSE:GATX) recently declared an increase in its quarterly dividend to $0.66 per share, an 8.2% raise from its previous dividend of $0.61. This marks the 15th consecutive year the company has increased its dividend, which is well-covered by earnings with a payout ratio of 25.4%. GATX also reported strong quarterly earnings, beating analyst estimates for EPS and revenue, and provided optimistic FY2026 EPS guidance, maintaining a consensus “Buy” rating from analysts.
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GATX Corporation (NYSE:GATX) Increases Dividend to $0.66 Per Share
GATX Corporation (NYSE:GATX) recently declared an increase in its quarterly dividend to $0.66 per share, an 8.2% raise from its previous dividend of $0.61. This marks the 15th consecutive year the company has increased its dividend, which is well-covered by earnings with a payout ratio of 25.4%. GATX also reported strong quarterly earnings, beating analyst estimates for EPS and revenue, and provided optimistic FY2026 EPS guidance, maintaining a consensus “Buy” rating from analysts.