GATX Corporation (GATX) will raise its quarterly dividend to $0.42 per share. The increased dividend will be paid on March 31, 2017, to shareholders of record on March 10, 2017. GATX has paid quarterly dividends without interruption since 1919.

Brian A. Kenney, president and chief executive officer of GATX stated, "This dividend increase is reflective of the board's confidence in GATX's long-term outlook and demonstrates the Company's ongoing commitment to our shareholders."

GATX Corporation is a railcar leasing company with fleets in North America, Europe and Asia. In addition GATX operates a fleet of US-flagged vessels on the Great Lakes and owns and manages other assets. The company operates through four business segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (“ASC”). GATX, headquartered in Chicago, Illinois, since its founding in 1898, has paid quarterly dividends without interruption since 1919.