GATX Dividend
Dividend criteria checks 4/6
GATX is a dividend paying company with a current yield of 1.81% that is well covered by earnings.
Key information
1.8%
Dividend yield
32%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €7.03 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GAX's dividends per share have been stable in the past 10 years.
Growing Dividend: GAX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
GATX Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GAX) | 1.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Trade Distributors) | 2.2% |
Analyst forecast in 3 Years (GAX) | 1.9% |
Notable Dividend: GAX's dividend (1.81%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: GAX's dividend (1.81%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), GAX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GAX is paying a dividend but the company has no free cash flows.