FTAI Aviation Ltd. (NASDAQ:FTAIM) to Issue $0.59 Quarterly Dividend

FTAI Aviation Ltd. (NASDAQ:FTAIM) declared a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be given a dividend of 0.5938 per share on Monday, March 17th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 8.99%. The ex-dividend date is Monday, March 10th.

FTAI Aviation Trading Up 0.3 %

NASDAQ:FTAIM traded up $0.08 during mid-day trading on Thursday, reaching $26.41. 5,413 shares of the stock were exchanged, compared to its average volume of 13,053. The company has a 50 day simple moving average of $26.25 and a 200-day simple moving average of $26.49. FTAI Aviation has a 1 year low of $24.76 and a 1 year high of $28.16.

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.