CIT Group Inc (DEL) (CIT) will begin trading ex-dividend on November 07, 2019. A cash dividend payment of $0.35 per share is scheduled to be paid on November 22, 2019. Shareholders who purchased CIT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CIT has paid the same dividend. At the current stock price of $45.92, the dividend yield is 3.05%.
The previous trading day's last sale of CIT was $45.92, representing a -14.99% decrease from the 52 week high of $54.02 and a 29.35% increase over the 52 week low of $35.50.
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 $4.79. Zacks Investment Research reports CIT's forecasted earnings growth in 2019 as 22.71%, compared to an industry average of 7.6%.
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 (IBHB).
The top-performing ETF of this group is IBHB with an decrease of -1.82% over the last 100 days. It also has the highest percent weighting of CIT at 1.37%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.