STOCK TITAN

Greenbrier declares quarterly dividend of $0.27 per share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

LAKE OSWEGO, Ore., Oct. 21, 2022 /PRNewswire/ -- The Greenbrier Companies (NYSE: GBX) announced today a quarterly cash dividend of $0.27 per share, payable on November 29, 2022 to stockholders of record as of November 8, 2022.

About Greenbrier

Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America through our rail services business unit. Greenbrier manages 421,000 railcars and offers railcar management, regulatory compliance services and leasing services to railroads and other railcars owners in North America. GBX Leasing (GBXL) is a special purpose subsidiary that owns and manages a portfolio of leased railcars that originate primarily from Greenbrier's manufacturing operations. GBXL and Greenbrier own a lease fleet of 11,800 railcars.  Learn more about Greenbrier at www.gbrx.com.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:  This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Information on potential factors that could cause our results to differ from our forward-looking statements is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic report on Form 10-K and subsequent documents. Except as otherwise required by law, the Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date hereof.

Cision View original content:https://www.prnewswire.com/news-releases/greenbrier-declares-quarterly-dividend-of-0-27-per-share-301655718.html

SOURCE The Greenbrier Companies, Inc.

The Greenbrier Companies, Inc.

NYSE:GBX

GBX Rankings

GBX Latest News

GBX Stock Data

1.56B
30.06M
3.24%
97.85%
6.11%
Heavy Duty Truck Manufacturing
Manufacturing
Link
United States of America
LAKE OSWEGO

About GBX

the greenbrier companies is a leading supplier of marine and rail transportation equipment and services, powering the movement of products around the world. greenbrier’s innovation and engineering expertise pairs with our capacity to build and repair transportation equipment. this allows us to provide an unrivaled level of service to our customers across the americas, europe and the countries of the gcc. with a railcar lease fleet of over 10,300 railcars, greenbrier also provides asset management services for nearly 400,000 railcars. our unique railcar leasing syndication platform brings us into contact with the world’s leading fixed asset investors. we have delivered over 21,000 railcars in a single year and maintain the capacity to produce over 35,000 railcars annually. learn more about greenbrier at www.gbrx.com.