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CIT Group Inc (DEL) (CIT) Ex-Dividend Date Scheduled for August 09, 2018

CIT Group Inc (DEL) ( CIT ) will begin trading ex-dividend on August 09, 2018. A cash dividend payment of $0.25 per share is scheduled to be paid on August 24, 2018. Shareholders who purchased CIT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 56.25% increase over prior dividend payment. At the current stock price of $53.68, the dividend yield is 1.86%.

The previous trading day's last sale of CIT was $53.68, representing a -4.38% decrease from the 52 week high of $56.14 and a 24.12% increase over the 52 week low of $43.25.

CIT is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Bank of America Corporation ( BAC ). CIT's current earnings per share, an indicator of a company's profitability, is $2.55. Zacks Investment Research reports CIT's forecasted earnings growth in 2018 as 33.55%, compared to an industry average of 14.5%.

For more information on the declaration, record and payment dates, visit the CIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to CIT through an Exchange Traded Fund [ETF]?

The following ETF(s) have CIT as a top-10 holding:

  • iShares Trust ( FNCF )
  • SPDR S&P Regional Banking ETF ( KRE ).

The top-performing ETF of this group is KRE with an decrease of -2.18% over the last 100 days. FNCF has the highest percent weighting of CIT at 2.01%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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