CIT Group (NYSE:CIT) Dividend Information
CIT Group pays an annual dividend of $1.00 per share, with a dividend yield of 1.97%. CIT's next quarterly dividend payment will be made to shareholders of record on Friday, February 22. The company has grown its dividend for the last 2 consecutive years and is increasing its dividend by an average of 11.00% each year. CIT Group pays out 24.75% of its earnings out as a dividend.
| Next Dividend: | 2/22/2019 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 1.97% |
| Dividend Growth: | 11.00% (3 Year Average) |
| Payout Ratio(s): | 24.75% (Trailing 12 Months of Earnings)
20.37% (Based on This Year's Estimates)
18.48% (Based on Next Year's Estimates)
11.15% (Based on Cash Flow)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
| Most-Recent Increase: | $0.09 increase on 7/17/2018 |
CIT Group (NYSE:CIT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/23/2019 | quarterly | $0.25 | 2.3% | 2/7/2019 | 2/8/2019 | 2/22/2019 |
| 10/16/2018 | quarterly | $0.25 | 2.05% | 11/9/2018 | 11/13/2018 | 11/27/2018 |
| 7/17/2018 | quarterly | $0.25 | 1.91% | 8/9/2018 | 8/10/2018 | 8/24/2018 |
| 4/16/2018 | quarterly | $0.16 | 1.22% | 5/10/2018 | 5/11/2018 | 5/25/2018 |
| 1/22/2018 | quarterly | $0.16 | 1.24% | 2/8/2018 | 2/9/2018 | 2/23/2018 |
| 10/16/2017 | quarterly | $0.16 | 1.31% | 11/9/2017 | 11/10/2017 | 11/24/2017 |
| 7/17/2017 | quarterly | $0.15 | 1.22% | 8/9/2017 | 8/11/2017 | 8/25/2017 |
| 6/6/2017 | Quarterly | $0.1750 | | 6/14/2017 | 6/16/2017 | 6/30/2017 |
| 4/18/2017 | quarterly | $0.15 | 1.4% | 5/10/2017 | 5/12/2017 | 5/26/2017 |
| 1/18/2017 | quarterly | $0.15 | 1.43% | 2/8/2017 | 2/10/2017 | 2/24/2017 |
| 10/18/2016 | quarterly | $0.15 | 1.65% | 11/8/2016 | 11/11/2016 | 11/25/2016 |
| 7/19/2016 | quarterly | $0.15 | 1.72% | 8/10/2016 | 8/12/2016 | 8/26/2016 |
| 4/19/2016 | quarterly | $0.15 | 1.76% | 5/11/2016 | 5/13/2016 | 5/27/2016 |
| 1/20/2016 | quarterly | $0.15 | 1.94% | 2/10/2016 | 2/12/2016 | 2/26/2016 |
| 10/21/2015 | quarterly | $0.15 | 1.3% | 11/10/2015 | 11/13/2015 | 11/30/2015 |
| 7/21/2015 | quarterly | $0.15 | 1.24% | 8/12/2015 | 8/14/2015 | 8/28/2015 |
| 4/21/2015 | quarterly | $0.15 | 1.25% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 1/21/2015 | quarterly | $0.15 | 1.33% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 10/15/2014 | quarterly | $0.15 | 1.34% | 11/7/2014 | 11/12/2014 | 11/26/2014 |
| 7/15/2014 | quarterly | $0.15 | 1.36% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 4/17/2014 | quarterly | $0.10 | 0.86% | 5/13/2014 | 5/15/2014 | 5/30/2014 |
| 1/21/2014 | quarterly | $0.10 | 0.8% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 10/21/2013 | quarterly | $0.10 | 0.82% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
(Data available from 1/1/2013 forward)
