NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $37.08 as of 10:01 a.m. ET, the dividend yield is 3.1%.
The average volume for Gatx has been 331,800 shares per day over the past 30 days. Gatx has a market cap of $1.7 billion and is part of the
industry. Shares are up 5.2% year to date as of the close of trading on Friday.
GATX Corporation leases, operates, and manages assets in the rail, marine, and industrial equipment markets. It operates in three segments: Rail, Specialty, and American Steamship Company (ASC). The company has a P/E ratio of 23.4, above the average diversified services industry P/E ratio of 21.6 and above the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Gatx as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full