NEW YORK, July 19, 2021 /PRNewswire/ -- CIT 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 Aug. 13, 2021 to common shareholders of record as
of July 30, 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 Sept. 15, 2021 to Series B preferred shareholders
of record as of Aug. 31, 2021.
About CIT
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'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's consumer banking segment
includes a national direct bank and regional branch network.
Discover more at cit.com/about.
MEDIA RELATIONS:
Gina Proia
212-771-6008
Gina.Proia@cit.com
INVESTOR RELATIONS:
Barbara Callahan
973-740-5058
Barbara.Callahan@cit.com
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SOURCE CIT Group Inc.