{"id":479600,"date":"2021-04-21T08:34:10","date_gmt":"2021-04-21T12:34:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cit-declares-dividends\/"},"modified":"2021-04-21T08:34:10","modified_gmt":"2021-04-21T12:34:10","slug":"cit-declares-dividends","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cit-declares-dividends\/","title":{"rendered":"CIT Declares Dividends"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">April 21, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3136142-1&amp;h=3006560223&amp;u=https%3A%2F%2Fwww.cit.com%2Findex.aspx&amp;a=CIT+Group+Inc.\" rel=\"nofollow noopener\">CIT Group Inc.<\/a> (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of <span class=\"xn-money\">$0.35<\/span> per common share on its outstanding common stock. The common stock dividend is payable on <span class=\"xn-chron\">May 21, 2021<\/span> to common shareholders of record as of <span class=\"xn-chron\">May 7, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/784850\/CIT_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/784850\/CIT_Logo.jpg\" title=\"(PRNewsfoto\/CIT Group Inc.)\" alt=\"(PRNewsfoto\/CIT Group Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The CIT board of directors also declared a semi-annual cash dividend on the Series A preferred stock of <span class=\"xn-money\">$29.00<\/span> per share payable on <span class=\"xn-chron\">June 15, 2021<\/span> to Series A preferred shareholders of record as of <span class=\"xn-chron\">May 28, 2021<\/span>.<\/p>\n<p>In addition, the CIT board of directors declared a quarterly cash dividend on the Series B preferred stock of <span class=\"xn-money\">$0.3515625<\/span> per share payable <span class=\"xn-chron\">June 15, 2021<\/span> to Series B preferred shareholders of record as of <span class=\"xn-chron\">May 28, 2021<\/span>.<\/p>\n<p>\n        <b>About CIT <br \/><\/b>CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company&#8217;s commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT&#8217;s consumer banking segment includes a national direct bank and regional branch network. Discover more at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3136142-1&amp;h=273158981&amp;u=https%3A%2F%2Fwww.cit.com%2Fabout%2F&amp;a=cit.com%2Fabout\" rel=\"nofollow noopener\">cit.com\/about<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3136142-1&amp;h=476976941&amp;u=http%3A%2F%2Fwww.cit.com%2Fmedia-room%2Findex.htm&amp;a=MEDIA+RELATIONS%3A\" rel=\"nofollow noopener\">MEDIA RELATIONS:<\/a><br \/>\n        <\/b>\u00a0 <br \/><span class=\"xn-person\">Gina Proia<\/span><br \/>212-771-6008<br \/><a target=\"_blank\" href=\"mailto:Gina.proia@cit.com\" rel=\"nofollow noopener\">Gina.Proia@cit.com<\/a><\/p>\n<p>\n        <b><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3136142-1&amp;h=3074613313&amp;u=http%3A%2F%2Fir.cit.com%2FCorporateProfile.aspx%3Fiid%3D102820&amp;a=INVESTOR+RELATIONS%3A\" rel=\"nofollow noopener\">INVESTOR RELATIONS:<\/a><br \/>\n          <br \/>\n        <\/b>Barbara Callahan\u00a0<br \/>973-740-5058\u00a0<br \/><a target=\"_blank\" href=\"mailto:Barbara.Callahan@cit.com\" rel=\"nofollow noopener\">Barbara.Callahan@cit.com<\/a>\u00a0 <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49897&amp;sd=2021-04-21\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/cit-declares-dividends-301273428.html\">http:\/\/www.prnewswire.com\/news-releases\/cit-declares-dividends-301273428.html<\/a><\/p>\n<p>SOURCE  CIT Group Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY49897&amp;Transmission_Id=202104210830PR_NEWS_USPR_____NY49897&amp;DateId=20210421\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, April 21, 2021 \/PRNewswire\/ &#8212;\u00a0CIT Group Inc. (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding common stock. The common stock dividend is payable on May 21, 2021 to common shareholders of record as of May 7, 2021. The CIT board of directors also declared a semi-annual cash dividend on the Series A preferred stock of $29.00 per share payable on June 15, 2021 to Series A preferred shareholders of record as of May 28, 2021. In addition, the CIT board of directors declared a quarterly cash dividend on the Series B preferred stock of $0.3515625 per share payable June 15, 2021 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cit-declares-dividends\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CIT Declares Dividends&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-479600","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CIT Declares Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cit-declares-dividends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIT Declares Dividends - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, April 21, 2021 \/PRNewswire\/ &#8212;\u00a0CIT Group Inc. (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding common stock. The common stock dividend is payable on May 21, 2021 to common shareholders of record as of May 7, 2021. The CIT board of directors also declared a semi-annual cash dividend on the Series A preferred stock of $29.00 per share payable on June 15, 2021 to Series A preferred shareholders of record as of May 28, 2021. In addition, the CIT board of directors declared a quarterly cash dividend on the Series B preferred stock of $0.3515625 per share payable June 15, 2021 &hellip; Continue reading &quot;CIT Declares Dividends&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cit-declares-dividends\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-21T12:34:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/784850\/CIT_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cit-declares-dividends\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cit-declares-dividends\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CIT Declares Dividends\",\"datePublished\":\"2021-04-21T12:34:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cit-declares-dividends\\\/\"},\"wordCount\":260,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cit-declares-dividends\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/784850\\\/CIT_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cit-declares-dividends\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cit-declares-dividends\\\/\",\"name\":\"CIT Declares Dividends - 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(NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding common stock. The common stock dividend is payable on May 21, 2021 to common shareholders of record as of May 7, 2021. The CIT board of directors also declared a semi-annual cash dividend on the Series A preferred stock of $29.00 per share payable on June 15, 2021 to Series A preferred shareholders of record as of May 28, 2021. 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