FTAI Aviation Ltd. Announces Quarterly Dividend of $0.52 (NASDAQ:FTAIN)

FTAI Aviation Ltd. (NASDAQ:FTAIN) declared a quarterly dividend on Wednesday, February 25th. Shareholders of record on Monday, March 9th will be given a dividend of 0.52 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Monday, March 9th.

FTAI Aviation Price Performance

Shares of FTAIN traded up $0.02 during mid-day trading on Thursday, hitting $25.62. The company’s stock had a trading volume of 268 shares, compared to its average volume of 4,181. The company’s 50-day moving average is $25.51 and its 200-day moving average is $25.51. FTAI Aviation has a 52-week low of $24.32 and a 52-week high of $25.95.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is a publicly traded aircraft leasing company that acquires, leases and sells commercial jet aircraft to airlines worldwide. The company’s fleet consists of narrow-body and wide-body jets, primarily from the Airbus A320 family and Boeing 737 series, which it places under operating leases with carriers across Europe, Asia, the Middle East, Africa and Latin America. FTAI Aviation focuses on modern, mid-life aircraft to balance acquisition cost with residual value stability.

In addition to lease financing, FTAI Aviation provides comprehensive asset management and remarketing services.