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

FTAI Aviation Ltd. (NASDAQ:FTAIO) declared a quarterly dividend on Friday, November 1st, Wall Street Journal reports. Investors of record on Monday, December 2nd will be given a dividend of 0.50 per share on Monday, December 16th. This represents a $2.00 annualized dividend and a dividend yield of 7.87%. The ex-dividend date is Monday, December 2nd.

FTAI Aviation has decreased its dividend payment by an average of 1.6% per year over the last three years.

FTAI Aviation Price Performance

FTAI Aviation stock traded down $0.01 during trading hours on Friday, reaching $25.41. The stock had a trading volume of 4,678 shares, compared to its average volume of 9,219. FTAI Aviation has a 52 week low of $23.24 and a 52 week high of $26.59. The company has a fifty day simple moving average of $25.81 and a 200-day simple moving average of $25.43.

About FTAI Aviation

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.