NYSE:CIT - CIT Group Dividend Yield, History & Payout Ratio

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$50.77 +0.66 (+1.32 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$50.77
Today's Range$50.46 - $51.05
52-Week Range$35.50 - $56.14
Volume880,399 shs
Average Volume985,444 shs
Market Capitalization$5.36 billion
P/E Ratio12.57
Dividend Yield2.00%
Beta1.46

Dividends

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
Dividend Payments by Quarter for CIT Group (NYSE:CIT)

CIT Group (NYSE:CIT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/23/2019quarterly$0.252.3%2/7/20192/8/20192/22/2019
10/16/2018quarterly$0.252.05%11/9/201811/13/201811/27/2018
7/17/2018quarterly$0.251.91%8/9/20188/10/20188/24/2018
4/16/2018quarterly$0.161.22%5/10/20185/11/20185/25/2018
1/22/2018quarterly$0.161.24%2/8/20182/9/20182/23/2018
10/16/2017quarterly$0.161.31%11/9/201711/10/201711/24/2017
7/17/2017quarterly$0.151.22%8/9/20178/11/20178/25/2017
6/6/2017Quarterly$0.17506/14/20176/16/20176/30/2017
4/18/2017quarterly$0.151.4%5/10/20175/12/20175/26/2017
1/18/2017quarterly$0.151.43%2/8/20172/10/20172/24/2017
10/18/2016quarterly$0.151.65%11/8/201611/11/201611/25/2016
7/19/2016quarterly$0.151.72%8/10/20168/12/20168/26/2016
4/19/2016quarterly$0.151.76%5/11/20165/13/20165/27/2016
1/20/2016quarterly$0.151.94%2/10/20162/12/20162/26/2016
10/21/2015quarterly$0.151.3%11/10/201511/13/201511/30/2015
7/21/2015quarterly$0.151.24%8/12/20158/14/20158/28/2015
4/21/2015quarterly$0.151.25%5/13/20155/15/20155/29/2015
1/21/2015quarterly$0.151.33%2/11/20152/13/20152/27/2015
10/15/2014quarterly$0.151.34%11/7/201411/12/201411/26/2014
7/15/2014quarterly$0.151.36%8/13/20148/15/20148/29/2014
4/17/2014quarterly$0.100.86%5/13/20145/15/20145/30/2014
1/21/2014quarterly$0.100.8%2/12/20142/14/20142/28/2014
10/21/2013quarterly$0.100.82%11/13/201311/15/201311/29/2013
(Data available from 1/1/2013 forward)
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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