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    CIT Declares Quarterly Dividend
    Increases Dividend by 50% Over Previous Quarterly Cash Dividend
    Tuesday, July 15, 2014 10:19 AM

    NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending, leasing and advisory services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock – an increase of 50% from its prior quarterly cash dividend. The common stock dividend is payable on August 29, 2014 to common shareholders of record as of August 15, 2014.

    EDITOR’S NOTE:

    View CIT’s corporate overview video (cit.com/corporatevideo) and CIT’s Perspectives (cit.com/perspectives), which showcases our insights and ability to put our knowledge to work for the small business, middle market and transportation sectors. Follow us onTwitterLinkedInYouTube and Facebook or register to receive press releases at cit.com/newsalerts.

    About CIT

    Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $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 in middle market lendingfactoringretail and equipment finance, as well as aerospaceequipment and rail 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

    Contact:

    CIT MEDIA RELATIONS:
    C. Curtis Ritter, 973-740-5390
    Senior Vice President of Corporate Communications
    Curt.Ritter@cit.com
    or
    Matt Klein, 973-597-2020
    Vice President, Media Relations
    Matt.Klein@cit.com
    or
    CIT INVESTOR RELATIONS:
    Barbara Callahan, 973-740-5058
    Senior Vice President
    Barbara.Callahan@cit.com

     

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