Greenbrier announces 7% increase to quarterly dividend

Company Overview - Greenbrier Companies is a leading international supplier of equipment and services to global freight transportation markets, headquartered in Lake Oswego, Oregon [2] - The company designs, builds, and markets freight railcars in North America, Europe, and Brazil, and provides freight railcar wheel services, parts, maintenance, and retrofitting services primarily in North America [2] - Greenbrier owns a lease fleet of approximately 16,700 railcars, mainly originating from its manufacturing operations, and offers railcar management, regulatory compliance services, and leasing services to railroads and other railcar owners in North America [2] Financial Performance - Greenbrier announced a quarterly cash dividend of $0.32 per share, which is a 7$0.30 per share [1] - This marks Greenbrier's 44th consecutive quarterly dividend, reflecting the company's commitment to returning capital to shareholders [1][2] Strategic Direction - The CEO, Lorie L. Tekorius, emphasized the company's balanced approach to capital allocation and the success of its strategic plan, which is evidenced by the dividend increase [2]