Amedeo Air Four Plus (LON:AA4) Hits New 1-Year High – Here’s Why

Amedeo Air Four Plus (LON:AA4) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 56 ($0.71) and last traded at GBX 55.43 ($0.70), with a volume of 371193 shares changing hands. The stock had previously closed at GBX 54.50 ($0.69).

Amedeo Air Four Plus Stock Performance

The firm has a fifty day simple moving average of GBX 51.61 and a 200-day simple moving average of GBX 48.58. The firm has a market cap of £168.45 million and a price-to-earnings ratio of 323.19.

Amedeo Air Four Plus Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 3.85%. The ex-dividend date was Thursday, October 10th. Amedeo Air Four Plus’s payout ratio is presently 4,117.65%.

About Amedeo Air Four Plus

Amedeo Air Four Plus Limited specializes in acquiring, leasing and selling aircraft. The fund seeks to use the net proceeds of placings and/or other equity capital raisings, together with debt facilities (or instruments), to acquire aircraft which will be leased to one or more major airlines.