Willis Lease Finance Corporation (WLFC) to Issue Quarterly Dividend of $0.13 on August 21st

Willis Lease Finance Corporation (NASDAQ:WLFCGet Free Report) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Tuesday, August 11th will be given a dividend of 0.133 per share by the transportation company on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, August 11th.

Willis Lease Finance has a dividend payout ratio of 3.6% meaning its dividend is sufficiently covered by earnings.

Willis Lease Finance Stock Performance

Shares of Willis Lease Finance stock opened at $61.05 on Friday. The firm’s 50-day moving average is $70.74 and its 200 day moving average is $65.86. Willis Lease Finance has a 1 year low of $38.00 and a 1 year high of $81.54. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.63 and a quick ratio of 2.00. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 15.31 and a beta of 0.74.

Willis Lease Finance (NASDAQ:WLFCGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The transportation company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.41. The company had revenue of $194.02 million during the quarter, compared to the consensus estimate of $175.00 million. Willis Lease Finance had a net margin of 11.80% and a return on equity of 14.11%.

Willis Lease Finance Company Profile

(Get Free Report)

Willis Lease Finance Corporation (NASDAQ: WLFC) is an independent global provider of aircraft engine leasing, trading and aftermarket services. Founded in 1991 and headquartered in the United States, the company specializes in offering short- and long-term operating leases for jet engines and auxiliary power units. Through its broad engine portfolio, Willis Lease Finance supports a wide range of commercial aircraft across various operators, including major airlines, regional carriers and other leasing companies.

In addition to leasing solutions, Willis Lease Finance offers comprehensive engine trading and asset management services.

See Also

Dividend History for Willis Lease Finance (NASDAQ:WLFC)

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