Amedeo Air Four Plus (LON:AA4 – Get Free Report) shares shot up 6.8% during trading on Tuesday . The company traded as high as GBX 47.40 ($0.61) and last traded at GBX 47 ($0.60). 2,515,897 shares traded hands during mid-day trading, an increase of 384% from the average session volume of 519,963 shares. The stock had previously closed at GBX 44 ($0.57).
Amedeo Air Four Plus Stock Performance
The company has a market capitalization of £142.83 million and a price-to-earnings ratio of 278.82. The company has a 50-day moving average price of GBX 43.58 and a 200-day moving average price of GBX 41.79.
Amedeo Air Four Plus Dividend Announcement
The firm also recently announced a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, July 11th. This represents a yield of 4.57%. Amedeo Air Four Plus’s dividend payout ratio is presently 4,117.65%.
About Amedeo Air Four Plus
Amedeo Air Four Plus Limited specializes in acquiring, leasing and selling aircraft. The fund seeks to use the net proceeds of placings and/or other equity capital raisings, together with debt facilities (or instruments), to acquire aircraft which will be leased to one or more major airlines.
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