NEW YORK, Oct. 16, 2017 /PRNewswire/ -- CIT Group
Inc. (NYSE: CIT) today announced that its board of directors
has declared a quarterly cash dividend of $0.16 per common
share on its outstanding common stock. The common stock dividend is
payable on Nov. 24, 2017 to common shareholders of record
as of Nov. 10, 2017.
The CIT Board also declared the semi-annual dividend on the
Series A preferred stock of $30.29
per share payable on Dec. 15, 2017 to
preferred stockholders of record as of Nov.
30, 2017.
About CIT
Founded in 1908, CIT (NYSE: CIT) is a
financial holding company with more than $50 billion in
assets as of June 30, 2017. Its principal bank subsidiary, CIT
Bank, N.A., (Member FDIC, Equal Housing Lender) has more
than $30 billion of deposits and more than $40
billion of assets. CIT provides financing, leasing, and
advisory services principally to middle-market companies and small
businesses across a wide variety of industries. It also offers
products and services to consumers through its Internet bank
franchise and a network of retail branches in Southern
California, operating as OneWest Bank, a division of CIT Bank, N.A.
For more information visit cit.com.
Contacts
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CIT MEDIA
RELATIONS:
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CIT INVESTOR
RELATIONS:
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Gina
Proia
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Barbara
Callahan
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212-771-6008
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973-740-5058
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Gina.Proia@cit.com
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Barbara.Callahan@cit.com
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SOURCE CIT Group Inc.