CIT Declares Quarterly Dividend
OREANDA-NEWS. February 11, 2016. CIT
Group Inc. (NYSE:CIT), a leading provider of commercial lending and
leasing services, today announced that its Board of Directors has
declared a quarterly cash dividend of \\$0.15 per common share on its
outstanding common stock.
The common stock dividend is payable on February 26, 2016 to common shareholders of record as of February 12, 2016.
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than \\$65 billion in assets. 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. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. 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. cit.com