Exhibit 99.3
FOR IMMEDIATE RELEASE
CIT DECLARES QUARTERLY DIVIDEND
Additional Means to Return Capital to Shareholders
NEW YORK– October 21, 2013 –CIT Group Inc. (NYSE: CIT), a leading provider of financing and advisory services to small businesses and middle market companies, today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The common stock dividend is payable on November 29, 2013 to common shareholders of record November 15, 2013.
“We are very pleased to reinstate a quarterly cash dividend on our common stock,” saidJohn A. Thain, Chairman and Chief Executive Officer. “This announcement further demonstrates CIT’s progress and commitment to returning capital to our shareholders.”
EDITOR’S NOTE:
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About CIT
Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $35billion in financing and leasing assets. It provides financing and leasing capital and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions insmall business andmiddle market lending,factoring,retail finance,aerospace,equipment andrail leasing, andvendor finance.CIT operatesCIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bankBankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals.cit.com
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CIT MEDIA RELATIONS:
C. Curtis Ritter
Director of Corporate Communications
(973) 740-5390
Curt.Ritter@cit.com
Matt Klein
Vice President, Media Relations
(973) 597-2020
Matt.Klein@cit.com
CIT INVESTOR RELATIONS:
Ken Brause
Executive Vice President
(212) 771-9650
Ken.Brause@cit.com
