Air T, Inc. (NASDAQ:AIRTP) Plans Quarterly Dividend of $0.50

Air T, Inc. (NASDAQ:AIRTP) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, May 14th will be given a dividend of 0.50 per share on Monday, May 17th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date is Friday, May 14th.

Air T Stock Down 1.3%

AIRTP stock traded down $0.26 during midday trading on Friday, hitting $20.17. The company’s stock had a trading volume of 1,181 shares, compared to its average volume of 8,846. The company’s fifty day moving average price is $19.86 and its 200 day moving average price is $19.34. Air T has a twelve month low of $14.36 and a twelve month high of $20.60.

Air T Company Profile

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.