CIT Declares Dividends

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.