Air T, Inc. (AIRTP) To Go Ex-Dividend on November 14th

Air T, Inc. (NASDAQ:AIRTP) announced a quarterly dividend on Monday, January 22nd, Wall Street Journal reports. Shareholders of record on Friday, November 14th will be given a dividend of 0.50 per share on Monday, November 17th. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Friday, November 14th.

Air T Trading Down 0.6%

AIRTP opened at $19.63 on Wednesday. Air T has a twelve month low of $14.36 and a twelve month high of $19.75. The company has a fifty day moving average of $19.23 and a 200-day moving average of $18.27.

About Air T

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.