Air T, Inc. Plans Quarterly Dividend of $0.50 (NASDAQ:AIRTP)

Air T, Inc. (NASDAQ:AIRTP) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, November 13th will be paid a dividend of 0.50 per share on Monday, November 16th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date is Friday, November 13th.

Air T Price Performance

NASDAQ:AIRTP traded down $0.26 during mid-day trading on Friday, reaching $20.17. 1,181 shares of the company’s stock were exchanged, compared to its average volume of 8,846. The business’s fifty day simple moving average is $19.86 and its two-hundred day simple moving average is $19.34. Air T has a one year low of $14.36 and a one year high of $20.60.

About Air T

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.