FTAI Aviation Ltd. (FTAI) to Issue Dividend of $0.45 on May 26th

FTAI Aviation Ltd. (NASDAQ:FTAI) declared a dividend on Tuesday, April 28th, NASDAQ Dividends reports. Shareholders of record on Wednesday, May 13th will be given a dividend of 0.45 per share by the financial services provider on Tuesday, May 26th. The ex-dividend date is Wednesday, May 13th.

FTAI Aviation has decreased its dividend by an average of 0.0%per year over the last three years. FTAI Aviation has a dividend payout ratio of 23.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect FTAI Aviation to earn $9.78 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 16.4%.

FTAI Aviation Stock Performance

NASDAQ FTAI opened at $270.29 on Monday. The company has a market cap of $27.73 billion, a P/E ratio of 53.63, a P/E/G ratio of 1.09 and a beta of 1.49. The company has a debt-to-equity ratio of 8.00, a current ratio of 5.24 and a quick ratio of 2.48. The stock has a 50-day moving average of $253.17 and a two-hundred day moving average of $226.39. FTAI Aviation has a 1-year low of $105.59 and a 1-year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.32). The firm had revenue of $830.70 million during the quarter. FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. FTAI Aviation’s quarterly revenue was up 65.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.87 earnings per share. As a group, analysts anticipate that FTAI Aviation will post 6.77 EPS for the current year.

FTAI Aviation Company Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.