FTAI Aviation Ltd. (FTAIN) to Issue Quarterly Dividend of $0.52 on June 15th

FTAI Aviation Ltd. (NASDAQ:FTAIN) announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Monday, June 1st will be paid a dividend of 0.5156 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Monday, June 1st.

FTAI Aviation Price Performance

Shares of NASDAQ:FTAIN opened at $25.45 on Friday. FTAI Aviation has a 1-year low of $24.56 and a 1-year high of $25.89. The business’s 50 day moving average is $25.33 and its 200-day moving average is $25.43.

Institutional Trading of FTAI Aviation

A hedge fund recently raised its stake in FTAI Aviation stock. Shikiar Asset Management Inc. lifted its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,200 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission.

About FTAI Aviation

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.