CIT Group (NYSE:CIT) announces a quarterly dividend of $0.35



CIT Group (NYSE:CIT) to go ex-dividend.
On 4/17/2019 CIT Group ( NYSE:CIT ) announced that it will be issuing a quarterly dividend in the amount of $0.35 down from $0.35 making the yield 2.74%.


CIT Group (NYSE:CIT) Ex- dividend date

CIT Group (NYSE:CIT) is set to go ex-dividend on and will be payable on 5/24/2019


Dividend History for CIT Group (NYSE:CIT)
The next payable dividend for CIT Group is scheduled for 5/24/2019. There is an annual dividend of $$1.00 with a yield of 1.97% The company’s dividend has increased by 11.00% on a 3 Year Average

Recent Dividend History for CIT Group (NYSE:CIT)

  • On 10/21/2013 CIT Group announced a quarterly dividend of $0.10.
  • On 1/21/2014 CIT Group announced a quarterly dividend of $0.10.
  • On 4/17/2014 CIT Group announced a quarterly dividend of $0.10.
  • On 7/15/2014 CIT Group announced a quarterly dividend of $0.15.
  • On 10/15/2014 CIT Group announced a quarterly dividend of $0.15.
  • On 1/21/2015 CIT Group announced a quarterly dividend of $0.15.
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About Company
CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment offers lending, leasing, and other financial and advisory services primarily to small and middle-market companies; factoring, receivables management products, and secured supply chain financing; equipment leasing and secured financing to railroads and non-rail companies; equipment financing to small businesses. The Consumer Banking segment provides deposits, including checking and savings accounts, money market, and individual retirement accounts; time deposits and certificates of deposit; and offers residential mortgage and small business administration loans, as well as fiduciary services. The company also offers leasing and advisory, and online banking services. It operates through a network of 60 branches located in southern California. CIT Group Inc. was founded in 1908 and is based in New York, New York.

Recent Insider Trading for CIT Group (NYSE:CIT)

  • On 3/8/2019 Matthew Galligan, Insider, sold 997 with an average share price of $48.65 per share and the total transaction amounting to $48,504.05.
  • On 3/6/2019 Edward K Sperling, EVP, sold 2,224 with an average share price of $50.16 per share and the total transaction amounting to $111,555.84.
  • On 2/25/2019 Matthew Galligan, Insider, sold 2,300 with an average share price of $51.68 per share and the total transaction amounting to $118,864.00.
  • On 2/19/2019 Matthew Galligan, Insider, sold 5,375 with an average share price of $50.82 per share and the total transaction amounting to $273,157.50.
  • On 6/14/2018 Edward K Sperling, EVP, sold 1,765 with an average share price of $51.44 per share and the total transaction amounting to $90,791.60.
  • On 6/7/2018 Sheila A Stamps, Director, sold 3,350 with an average share price of $52.12 per share and the total transaction amounting to $174,602.00.



Recent Analyst Rating for CIT Group (NYSE:CIT)

  • On 3/26/2019 Oppenheimer, Boost Price Target, fromOutperform to Outperform with a price target of $61.00 to $63.00
  • On 1/9/2019 UBS Group, Upgrade, fromNeutral to Buy
  • On 12/14/2018 Barclays, Set Price Target, to Hold with a price target of $47.00
  • On 12/11/2018 Morgan Stanley, Lower Price Target, fromEqual Weight to Equal Weight with a price target of $56.00 to $52.00
  • On 10/25/2018 BMO Capital Markets, Boost Price Target, to Market Perform with a price target of $44.00 to $47.00
  • On 8/27/2018 Stephens, Downgrade, fromOverweight to Equal Weight with a price target of $60.00



Recent Trading for CIT Group (NYSE:CIT)
Shares of CIT Group closed the previous trading session at with 51.29 shares trading hands.

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