Shikiar Asset Management Inc. acquired a new stake in FTAI Aviation Ltd. (NASDAQ:FTAIN – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 41,400 shares of the company’s stock, valued at approximately $1,062,000.
FTAI Aviation Stock Up 1.1 %
Shares of NASDAQ:FTAIN opened at $25.99 on Friday. FTAI Aviation Ltd. has a twelve month low of $22.13 and a twelve month high of $26.49. The stock’s 50 day moving average is $25.69 and its 200-day moving average is $25.41.
FTAI Aviation Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 6th were issued a dividend of $0.5156 per share. The ex-dividend date was Friday, September 6th. This represents a $2.06 annualized dividend and a yield of 7.94%.
FTAI Aviation Company Profile
FTAI Aviation Ltd. owns and acquires aviation and offshore energy 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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