CIT Group, Inc.








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CIT Group, Inc. is a financial holding company, which provides financing, leasing and advisory services. It operates through the following business segments: Commercial Banking, Consumer Banking and Corporate. The Commercial Banking segment consists of four divisions, commercial finance, rail, and real estate finance and business capital. It provides a range of lending, leasing and deposit products, as well as ancillary products and services, including factoring, cash management and advisory services, primarily to small and medium- sized companies, as well as to the rail industry. The Consumer Banking segment includes retail Banking, consumer lending, and SBA lending, which are grouped together for purposes of discussion as other consumer banking and legacy consumer mortgages. The Corporate segment consists of businesses and portfolios that they no longer consider strategic. These portfolios include equipment financing, secured lending and leasing and advisory services to small and middle-market businesses. The company was founded by Henry Ittelson in 1908 and is headquartered in New York, NY.

Market Cap: 2.11 Billion

Primary Exchange: New York Stock Exchange


Shares Outstanding: 98.4 Million


Dividend: 0.8281 (0.04%)

Beta: 0.437623645935739

Sector: Finance

Industry: Major Banks

Ethical Flags

Longest drawdown: 76 trading days

From: 2020-02-13 To: 2020-06-02

Lowest Point:

Ex-Date Payment Date Record Date Declared Date Amount Flag Dividend Type Qualified Indicated
2020-05-28 2020-06-15 2020-05-29 2020-04-16 0.3515625 Cash
2020-02-27 2020-03-16 2020-02-28 2020-01-22 0.4765625 Cash
Ex-Date Declared Date Record Date Payment Date Ratio To Factor For Factor
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