FTAI Aviation Ltd. (NASDAQ:FTAIM) Shares Purchased by Shikiar Asset Management Inc.

Shikiar Asset Management Inc. raised its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAIM) by 26.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 162,650 shares of the company’s stock after buying an additional 34,300 shares during the quarter. FTAI Aviation comprises about 1.2% of Shikiar Asset Management Inc.’s investment portfolio, making the stock its 29th biggest position. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $4,359,000 as of its most recent filing with the SEC.

FTAI Aviation Stock Down 0.9 %

NASDAQ FTAIM opened at $25.92 on Friday. FTAI Aviation Ltd. has a 12 month low of $24.76 and a 12 month high of $28.16. The company has a 50-day moving average of $26.92 and a 200-day moving average of $26.51.

FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a $0.5938 dividend. This represents a $2.38 annualized dividend and a dividend yield of 9.16%. The ex-dividend date was Monday, December 2nd.

FTAI Aviation 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.