SmarterDividends
GATX

GATX Corporation

GATX

Industrials · Rental & Leasing Services · Stock · quarterly payer

$165.51

Fairly valued · -10% Add to Portfolio

Forward Yield

1.60%

Annual Dividend

$2.64

Payout Ratio

25%

5-Yr Growth

4.9%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about GATX's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, GATX Corporation (GATX) has a forward dividend yield of 1.60%, based on an annual dividend of $2.64 per share and a share price of $165.51.
  • As of Oct 18, 2026, GATX's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, GATX Corporation (GATX) has raised its dividend for 15 consecutive years as of Oct 18, 2026.
  • GATX last cut its regular dividend in 2004.
  • GATX's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.66 per share.
  • As of Oct 18, 2026, GATX pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
  • GATX's dividend has grown at an average rate of 4.9% a year over the past five years.
  • As of Oct 18, 2026, GATX's 1.60% yield is 13% below its five-year average yield of 1.85%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GATX is $148.49 per share, 10% below the $165.51 share price, so GATX screens as fairly valued.
  • GATX Corporation (GATX) pays its dividend quarterly, 4 times a year.
  • GATX Corporation (GATX) has raised its regular dividend 36 times and cut it 2 times across the 182 payments on record since 1973. Its most recent change was a 8.2% increase to $0.660 per share, going ex-dividend on Mar 2, 2026. The last cut went ex-dividend on Mar 3, 2004.
Cite this page

SmarterDividends, "GATX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GATX

Summary

As of Oct 18, 2026, GATX Corporation (GATX) yields 1.60% ($2.64 a year per share), has a dividend safety grade of A (86/100) and has 15 consecutive years of dividend increases on record.

Is GATX a good dividend stock?

Yes

GATX Corporation (GATX) pays a quarterly dividend yielding 1.60% ($2.64/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Comfortable payout ratio (25%)
  • 68% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2004

Key Data

Dividend Yield
1.60%
Payout Ratio
25%
Annual Dividend
$2.64
5-Yr Avg Growth
4.9%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
15
Frequency
quarterly
Beta
1.20
Market Cap
$5.8B
P/E Ratio
16.4
5-Yr Total Return
68%
52-Week Range
$150.42 – $205.56
Dividend Safety
A · 86/100
Ever Cut?
Yes (2004)

GATX dividend raises and cuts

GATX Corporation (GATX) has raised its regular dividend 36 times and cut it 2 times across the 182 payments on record since 1973. Its most recent change was a 8.2% increase to $0.660 per share, going ex-dividend on Mar 2, 2026. The last cut went ex-dividend on Mar 3, 2004.

Ex-dateChangeOld → newMove
Mar 2, 2026Raise$0.610 → $0.660+8.2%
Feb 28, 2025Raise$0.580 → $0.610+5.2%
Feb 29, 2024Raise$0.550 → $0.580+5.5%
Mar 2, 2023Raise$0.520 → $0.550+5.8%
Feb 24, 2022Raise$0.500 → $0.520+4.0%
Feb 25, 2021Raise$0.480 → $0.500+4.2%
Feb 27, 2020Raise$0.460 → $0.480+4.3%
Mar 1, 2019Raise$0.440 → $0.460+4.5%
Mar 2, 2018Raise$0.420 → $0.440+4.8%
Mar 8, 2017Raise$0.400 → $0.420+5.0%
Feb 24, 2016Raise$0.380 → $0.400+5.3%
Feb 25, 2015Raise$0.330 → $0.380+15.2%
Show all 38 changes since 1983
Ex-dateChangeOld → newMove
Feb 26, 2014Raise$0.310 → $0.330+6.5%
Feb 27, 2013Raise$0.300 → $0.310+3.3%
Feb 29, 2012Raise$0.290 → $0.300+3.4%
Feb 23, 2011Raise$0.280 → $0.290+3.6%
Feb 25, 2009Raise$0.270 → $0.280+3.7%
Feb 27, 2008Raise$0.240 → $0.270+12.5%
Feb 28, 2007Raise$0.210 → $0.240+14.3%
Mar 1, 2006Raise$0.200 → $0.210+5.0%
Mar 3, 2004Cut$0.320 → $0.200−37.5%
Mar 6, 2002Raise$0.310 → $0.320+3.2%
Mar 7, 2001Raise$0.300 → $0.310+3.3%
Mar 8, 2000Raise$0.275 → $0.300+9.1%
Mar 3, 1999Raise$0.250 → $0.275+10.0%
Mar 4, 1998Raise$0.230 → $0.250+8.7%
Mar 5, 1997Raise$0.215 → $0.230+7.0%
Mar 6, 1996Raise$0.200 → $0.215+7.5%
Mar 6, 1995Raise$0.188 → $0.200+6.7%
Feb 28, 1994Raise$0.175 → $0.188+7.1%
Mar 1, 1993Raise$0.163 → $0.175+7.7%
Mar 2, 1992Raise$0.150 → $0.163+8.3%
Mar 4, 1991Raise$0.138 → $0.150+9.1%
Mar 5, 1990Raise$0.125 → $0.138+10.0%
Mar 6, 1989Raise$0.113 → $0.125+11.1%
Feb 29, 1988Raise$0.0938 → $0.113+20.0%
Sep 9, 1986Raise$0.0750 → $0.0938+25.0%
Nov 23, 1983Cut$0.150 → $0.0750−50.0%
Every GATX payment →Download every raise and cut (CSV)
GATX ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →GATX dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GATX a good dividend stock?

Yes. GATX Corporation (GATX) pays a quarterly dividend yielding 1.60% ($2.64/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is GATX undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GATX's fair value is about $148.49 versus a $165.51 share price — so it looks fairly valued (-10% vs. fair value).

Is GATX's dividend safe?

GATX has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a dividend cut in 2004, debt and yield-versus-history.

What is GATX's fair value?

Our blended fair-value estimate for GATX is about $148.49 per share, about 10% below the current $165.51 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GATX a buy, hold, or sell?

We don't issue formal ratings, but on the data GATX screens as "yes" and fairly valued. GATX Corporation (GATX) pays a quarterly dividend yielding 1.60% ($2.64/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will GATX cut its dividend?

GATX earns a dividend-safety grade of A (86/100), and has cut its dividend before (last in 2004). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GATX pay a dividend?

Yes. GATX Corporation pays a quarterly dividend of about $2.64 per share annually, a forward yield of roughly 1.60%.

What is GATX's dividend yield?

As of Oct 18, 2026, GATX's forward dividend yield is 1.60%, based on a $2.64 annual dividend and a $165.51 share price.

What is GATX's dividend per share?

As of Oct 18, 2026, GATX pays $2.64 per share per year, distributed on a quarterly basis.

What is GATX's dividend payout ratio?

As of Oct 18, 2026, GATX's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has GATX grown its dividend?

As of Oct 18, 2026, GATX has increased its dividend for 15 consecutive years.

When is the next GATX ex-dividend date?

As of Oct 18, 2026, GATX's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.66 per share.

Income Calculator

At $2.64 / yr per share

Per payment (quarterly)$66.00
Annual$264.00
Monthly avg$22.00

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