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

FTAI Aviation Ltd. (NASDAQ:FTAIN) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be given a dividend of 0.5156 per share on Monday, March 17th. This represents a $2.06 annualized dividend and a dividend yield of 8.03%. The ex-dividend date of this dividend is Monday, March 10th.

FTAI Aviation has raised its dividend payment by an average of 11.5% annually over the last three years.

FTAI Aviation Stock Up 0.3 %

FTAIN stock opened at $25.68 on Friday. The firm’s fifty day simple moving average is $25.52 and its 200-day simple moving average is $25.73. FTAI Aviation has a 12 month low of $24.48 and a 12 month high of $26.49.

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.