GATX Dividend
Dividend criteria checks 4/6
GATX is a dividend paying company with a current yield of 1.67% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
1.7%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -4.4% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$2.320 |
| Payout ratio | 31% |
Recent dividend updates
Recent updates
Earnings Beat: GATX Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Oct 25
Does GATX (NYSE:GATX) Deserve A Spot On Your Watchlist?
Sep 27Shareholders Should Be Pleased With GATX Corporation's (NYSE:GATX) Price
Aug 10GATX Corporation Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Jul 26Here's Why We Think GATX (NYSE:GATX) Is Well Worth Watching
Jun 22Is Now An Opportune Moment To Examine GATX Corporation (NYSE:GATX)?
May 21GATX Corporation: Not A Great Ride To Take
May 11Investors Shouldn't Be Too Comfortable With GATX's (NYSE:GATX) Earnings
May 03Results: GATX Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 27GATX Corporation: Strong Utilization Rates And Pricing Fuel New Gains
Apr 26Is GATX (NYSE:GATX) A Risky Investment?
Apr 14Some Shareholders Feeling Restless Over GATX Corporation's (NYSE:GATX) P/E Ratio
Mar 29Return Trends At GATX (NYSE:GATX) Aren't Appealing
Mar 14GATX Corporation: Solid Q4 Results And Looking Good For FY24 [Technical Analysis]
Feb 06GATX Corporation (NYSE:GATX) Just Reported And Analysts Have Been Lifting Their Price Targets
Jan 26GATX (NYSE:GATX) Has No Shortage Of Debt
Jan 13GATX Corporation's (NYSE:GATX) Popularity With Investors Is Under Threat From Overpricing
Dec 29The Returns On Capital At GATX (NYSE:GATX) Don't Inspire Confidence
Dec 14Why GATX Corporation (NYSE:GATX) Could Be Worth Watching
Nov 29Treasuries - More Reward, Less Risk Than GATX Corporation
Nov 15With EPS Growth And More, GATX (NYSE:GATX) Makes An Interesting Case
Nov 11GATX: Closer, But Not Yet
Oct 10Here's Why GATX (NYSE:GATX) Is Weighed Down By Its Debt Load
Sep 24Slowing Rates Of Return At GATX (NYSE:GATX) Leave Little Room For Excitement
Sep 06At US$122, Is It Time To Put GATX Corporation (NYSE:GATX) On Your Watch List?
Aug 16Do GATX's (NYSE:GATX) Earnings Warrant Your Attention?
Jul 31GATX: Interesting, But Too Risky
Jul 18GATX (NYSE:GATX) Use Of Debt Could Be Considered Risky
Jun 09GATX's (NYSE:GATX) Upcoming Dividend Will Be Larger Than Last Year's
Jun 09GATX (NYSE:GATX) Has More To Do To Multiply In Value Going Forward
May 22GATX's (NYSE:GATX) Dividend Will Be Increased To $0.55
May 04What Is GATX Corporation's (NYSE:GATX) Share Price Doing?
Apr 28Here's Why GATX (NYSE:GATX) Is Weighed Down By Its Debt Load
Mar 09GATX: Railcar Leasing Firm Is An Overlooked Capital Gains Candidate
Feb 08GATX (NYSE:GATX) Has Announced That It Will Be Increasing Its Dividend To $0.55
Feb 02GATX Q4 2022 Earnings Preview
Jan 23Is It Time To Consider Buying GATX Corporation (NYSE:GATX)?
Jan 22Investors Could Be Concerned With GATX's (NYSE:GATX) Returns On Capital
Jan 06Does GATX (NYSE:GATX) Have A Healthy Balance Sheet?
Dec 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GATX's dividends per share have been stable in the past 10 years.
Growing Dividend: GATX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| GATX Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GATX) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Trade Distributors) | 1.5% |
| Analyst forecast (GATX) (up to 3 years) | 1.8% |
Notable Dividend: GATX's dividend (1.67%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: GATX's dividend (1.67%) is low compared to the top 25% of dividend payers in the US market (4.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), GATX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GATX is paying a dividend but the company has no free cash flows.