Air T, Inc. (NASDAQ:AIRTP – Get Rating) announced a dividend on Thursday, January 26th, investing.com reports. Stockholders of record on Tuesday, February 14th will be paid a dividend of 0.50 per share on Wednesday, February 15th. This represents a dividend yield of 8.93%. The ex-dividend date of this dividend is Monday, February 13th.

Air T has decreased its dividend by an average of 20.5% per year over the last three years.

Air T Stock Up 0.9 %

Shares of AIRTP opened at $22.50 on Thursday. The company has a 50 day moving average price of $21.63 and a 200-day moving average price of $22.19. Air T has a fifty-two week low of $19.10 and a fifty-two week high of $24.26.

Air T Company Profile

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx.

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