NEW YORK, Oct. 18, 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 Nov. 12, 2021 to common shareholders of record as
of Oct. 29, 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 Dec. 15, 2021 to Series A preferred shareholders
of record as of Nov. 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 Dec. 15, 2021 to Series B preferred shareholders
of record as of Nov. 30, 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.