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

FTAI Aviation Ltd. (NASDAQ:FTAIN) announced 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) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Monday, March 9th.

FTAI Aviation Stock Up 0.1%

Shares of NASDAQ:FTAIN traded up $0.02 during trading on Thursday, reaching $25.62. The stock had a trading volume of 268 shares, compared to its average volume of 4,181. The firm’s 50-day simple moving average is $25.51 and its 200 day simple moving average is $25.51. FTAI Aviation has a one year low of $24.32 and a one year 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.