FTAI Aviation Ltd. (NASDAQ:FTAIM) to Issue $0.59 Quarterly Dividend

FTAI Aviation Ltd. (NASDAQ:FTAIM) declared a quarterly dividend on Friday, November 1st, Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 0.5938 per share on Monday, December 16th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 8.95%. The ex-dividend date of this dividend is Monday, December 2nd.

FTAI Aviation Trading Down 1.4 %

Shares of NASDAQ:FTAIM traded down $0.38 during midday trading on Friday, reaching $26.55. 7,317 shares of the company’s stock traded hands, compared to its average volume of 10,261. FTAI Aviation has a one year low of $24.35 and a one year high of $27.47. The stock has a 50 day moving average of $26.36 and a 200 day moving average of $25.98.

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.