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|iShares Transportation Average ETF Experiences Big Inflow
Friday, October 31, 11:27 AM ET, by Market News Video Staff
Symbols mentioned in this story: IYT, FDX, KEX, KSU Exchange traded funds (ETFs) trade just ...
iShares Transportation Average ETF Experiences Big Inflow
Friday, November 7, 10:53 AM ET, by Market News Video Staff
Symbols mentioned in this story: IYT, FDX, KSU, UNP Exchange traded funds (ETFs) trade just ...
GMT Crosses Below Key Moving Average Level
Wednesday, November 19, 11:14 AM ET, by Market News Video Staff
In trading on Wednesday, shares of GATX Corp. (GMT) crossed below their 200 day moving ...
IYT, NSC, KSU, KEX: Large Outflows Detected at ETF
Tuesday, November 25, 1:10 PM ET, by Market News Video Staff
Symbols mentioned in this story: IYT, NSC, KSU, KEX Exchange traded funds (ETFs) trade just ...
Kirby is Now Oversold (KEX)
Monday, December 1, 4:29 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
GMT Dividend Yield Pushes Above 3%
By Dividend Channel Staff, Friday, November 16, 3:28 PM ET
In trading on Friday, shares of GATX Corp. (NYSE:GMT) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.20), with the stock changing hands as low as $39.83 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. GATX Corp. (NYSE:GMT) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of GATX Corp., looking at the history chart for GMT below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.
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According to the ETF Finder at ETF Channel, GMT makes up 6.24% of the iShares Dow Jones Transportation Average Index Fund ETF (AMEX:IYT) which is trading lower by about 0.8% on the day Friday.
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