DIVIDEND ANNOUNCEMENT: CIT Group Inc (New) (NYSE:CIT) on 01/22/2020 declared a dividend of $0.3500 per share

CIT Group Inc (New) (NYSE:CIT) on 01/22/2020 declared a dividend of $ 0.3500 per share payable on February 21, 2020 to shareholders of record as of February 07, 2020.

CIT Group Inc (New) (NYSE:CIT) has paid dividends since 2013, has a current dividend yield of 3.0939226151% and has increased its dividends for 3 successive years.

CIT Group Inc (New)'s market cap is $ 4,286,215,750 and has a PE ratio of 9.39. The stock price closed yesterday at $ 45.25 and has a 52 week low/high of $ 40.34 and $ 54.02.

CIT Group is a bank and a financial holding company. Through its subsidiaries, Co. provides financing, leasing and advisory services to middle-market companies and small businesses in a range of industries in North America. Co. also provides banking and related services to commercial and individual customers through its banking subsidiary. Co. has three operating segments: Commercial Banking, which include Commercial Finance, Rail, Real Estate Finance, and Business Capital; Consumer Banking, which includes Retail Banking, Consumer Lending, and Small Business Administration Lending; and Non-Strategic Portfolios, which includes businesses and portfolios that Co. no longer consider strategic.

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