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LAKE OSWEGO, Ore. - The Greenbrier Companies, Inc. (NYSE: GBX), a prominent supplier of equipment and services to the freight transportation markets with a market capitalization of $1.48 billion, has declared an increase in its quarterly cash dividend. The new dividend, set at $0.32 per share, marks a 7% rise from the previous $0.30 per share, bringing the dividend yield to 2.31%. This enhanced dividend is payable on May 13, 2025, to shareholders on record as of April 22, 2025, and represents the company’s 44th consecutive quarterly dividend. According to InvestingPro data, the company has maintained dividend payments for 12 consecutive years, demonstrating a strong commitment to shareholder returns.
Lorie L. Tekorius, CEO and President of Greenbrier, underscored the Board of Directors’ commitment to a balanced capital allocation strategy, which includes a consistent return of capital to shareholders. Tekorius attributed the dividend increase to the robustness of Greenbrier’s long-term business operations and the effectiveness of its strategic plan. The company’s strong financial position is reflected in its healthy current ratio of 1.86, indicating solid liquidity. InvestingPro analysis reveals several additional positive indicators, with comprehensive insights available in the Pro Research Report, part of the platform’s coverage of over 1,400 US stocks.
Greenbrier, headquartered in Lake Oswego, Oregon, is recognized as a leading international supplier in the global freight transportation industry, generating annual revenues of $3.61 billion. The company’s portfolio includes the design, manufacture, and marketing of freight railcars across North America, Europe, and Brazil, as well as wheel services, parts, maintenance, and retrofitting services in North America. Greenbrier also manages a lease fleet of approximately 16,700 railcars, primarily originating from its manufacturing activities, and provides railcar management, regulatory compliance, and leasing services to railroads and other railcar owners in North America. Trading at a P/E ratio of 8.02, the stock appears attractively valued according to InvestingPro metrics.
The press release also contained forward-looking statements regarding Greenbrier’s future performance, subject to risks, uncertainties, and factors that could cause actual results to differ materially. These include economic downturns, policy changes, supply disruptions, labor disputes, loss of market share, and geopolitical events such as the war in Ukraine. Greenbrier’s filings with the SEC provide more detailed information on these potential risks. Despite these challenges, the company maintains an overall "GOOD" financial health score from InvestingPro, with particularly strong metrics in relative value and growth potential.
This dividend announcement is based on a press release statement from The Greenbrier Companies, Inc.
In other recent news, The Greenbrier Companies Inc. reported strong financial results for the first quarter of 2024, surpassing earnings expectations. The company’s earnings per share reached $1.72, significantly exceeding the forecasted $0.95, while revenue hit a record $876 million, surpassing the expected $835.4 million. This performance reflects Greenbrier’s strategic focus on margin expansion and operational efficiency, with a notable gross margin improvement of 19.8%. Additionally, Greenbrier held its 2025 Annual Meeting of Shareholders, where Thomas B. Fargo, Antonio O. Garza, and James R. Huffines were elected as Class I Directors. Shareholders also approved the company’s executive compensation for 2024 and ratified KPMG LLP as the independent auditors for the fiscal year ending August 31, 2025. These developments underline Greenbrier’s strong governance and financial performance. The company maintains a positive outlook for fiscal 2025, with plans to invest $300 million in its railcar fleet and continue its $100 million share repurchase program.
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