FTAI Aviation Ltd. (NASDAQ:FTAIO – Get Free Report) declared a quarterly dividend on Thursday, July 25th, Wall Street Journal reports. Stockholders of record on Friday, September 6th will be given a dividend of 0.50 per share on Monday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.89%. The ex-dividend date is Friday, September 6th.
FTAI Aviation has decreased its dividend payment by an average of 1.6% per year over the last three years.
FTAI Aviation Price Performance
FTAIO traded up $0.17 during trading hours on Thursday, reaching $25.35. 4,474 shares of the company’s stock traded hands, compared to its average volume of 9,214. The firm has a 50-day moving average price of $25.20 and a 200 day moving average price of $25.19. FTAI Aviation has a 52-week low of $21.25 and a 52-week high of $26.38.
FTAI Aviation Company Profile
FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.
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