GATX Corporation Raises Quarterly Dividend 8.2% to $0.66 Per Share
GATX Corporation declared a quarterly dividend of $0.66 per common share, marking an 8.2% increase from the prior year. The railroad equipment lessor has paid dividends without interruption since 1919.
GATX Corporation (NYSE: GATX), a global railcar lessor, declared a quarterly dividend of $0.66 per common share on February 18, 2026. The dividend represents an 8.2% increase from the prior year's payout of $0.609 per share. Read more dividend announcements.
The dividend will be paid on March 31, 2026, to shareholders of record as of March 2, 2026. GATX has paid quarterly dividends without interruption since 1919, marking 108 consecutive years of dividend payments.
The company was recently added to the S&P 400 Dividend Aristocrats Index, recognizing its sustained dividend track record. Chief Executive Bob Lyons said the dividend increase reflects the board's confidence in the company's long-term outlook and commitment to shareholders.
| Dividend Details | Date/Amount |
|---|---|
| Dividend Amount | $0.66 per share |
| Record Date | March 2, 2026 |
| Payment Date | March 31, 2026 |
| Previous Amount | $0.609 per share |
| Increase | 8.2% |
Share Repurchase Authorization
In addition to the dividend increase, GATX's board approved a new $300 million share repurchase authorization. The authorization replaces the company's prior 2019 program, which had been largely exhausted.
Over the past decade, GATX has invested approximately $11.0 billion in its business while returning approximately $1.4 billion to shareholders through dividends and share repurchases.
Fourth Quarter Financial Results
GATX reported fourth-quarter 2025 net income of $97.0 million or $2.66 per diluted share, compared to $76.5 million or $2.10 per diluted share in the fourth quarter of 2024. Full-year 2025 net income was $333.3 million or $9.12 per diluted share, compared to $284.2 million or $7.78 per diluted share in the prior year.
The company's Rail North America segment maintained strong fleet utilization at 99.0% with a Lease Price Index of 21.9%. Full-year investment volume exceeded $1.3 billion.
GATX initiated 2026 earnings guidance of $9.50 to $10.10 per diluted share. The company completed its acquisition of Wells Fargo's rail operating lease portfolio on January 1, 2026, which is expected to contribute $0.20 to $0.30 per diluted share in income during 2026.