Exhibit 99.1
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FOR IMMEDIATE RELEASE
CIT DECLARES QUARTERLY DIVIDEND
NEW YORK– April 17, 2014 –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 common share on its outstanding common stock. The common stock dividend is payable on May 30, 2014 to common shareholders of record as of May 15, 2014.
About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions inmiddle market lending,factoring,retailandequipment finance, as well asaerospace,equipmentandrail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals.cit.com
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CIT MEDIA RELATIONS:
C. Curtis Ritter
Senior Vice President 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:
Barbara Callahan
Senior Vice President
(973) 740 -5058
Barbara.Callahan@cit.com