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FTAI Aviation Ltd. (NASDAQ:FTAIO) Plans $0.50 Quarterly Dividend

kopsource ·  Mar 5, 2023 08:53

FTAI Aviation Ltd. (NASDAQ:FTAIO – Get Rating) declared a quarterly dividend on Monday, February 27th, Wall Street Journal reports. Stockholders of record on Tuesday, March 7th will be paid a dividend of 0.50 per share on Wednesday, March 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.75%. The ex-dividend date is Monday, March 6th.

FTAI Aviation Stock Performance

Shares of FTAI Aviation stock opened at $22.85 on Friday. The firm has a fifty day simple moving average of $22.27. FTAI Aviation has a 12 month low of $17.13 and a 12 month high of $24.98.

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About FTAI Aviation

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FTAI Aviation Ltd. owns and acquires infrastructure and related 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.

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