FTAI Aviation Ltd. (NASDAQ:FTAIN – Get Free Report) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Investors of record on Monday, March 10th will be paid a dividend of 0.5156 per share on Monday, March 17th. This represents a $2.06 annualized dividend and a yield of 7.96%. The ex-dividend date of this dividend is Monday, March 10th.
FTAI Aviation has increased its dividend payment by an average of 11.5% per year over the last three years.
FTAI Aviation Price Performance
NASDAQ FTAIN traded up $0.17 during trading on Friday, hitting $25.92. 5,732 shares of the company’s stock traded hands, compared to its average volume of 14,444. FTAI Aviation has a 12-month low of $24.48 and a 12-month high of $26.49. The business has a 50 day moving average of $25.50 and a 200-day moving average of $25.71.
About FTAI Aviation
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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