FTAI Aviation Ltd. (NASDAQ:FTAIM) Stock to Pay Quarterly Dividend of $0.59

FTAI Aviation Ltd. (NASDAQ:FTAIM – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.5938 per share on Tuesday, December 15th. This represents a $2.38 annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Tuesday, December 1st.

FTAI Aviation Stock Up 1.7%

Shares of FTAI Aviation stock traded up $0.46 on Thursday, reaching $26.58. 12,540 shares of the company were exchanged, compared to its average volume of 4,084. The company’s 50-day moving average is $27.00 and its two-hundred day moving average is $27.08. FTAI Aviation has a 1-year low of $26.05 and a 1-year high of $27.81.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in FTAI Aviation stock. Navellier & Associates Inc. bought a new position in FTAI Aviation Ltd. (NASDAQ:FTAIM – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,642 shares of the company’s stock, valued at approximately $985,000.

About FTAI Aviation

(Get Free Report)

FTAI Aviation Ltd. is an aviation asset owner and operator focused on commercial aircraft engines and related aviation equipment. The company acquires, leases, manages and sells aircraft and engines, with an emphasis on assets that can generate value through leasing, maintenance and aftermarket activities.

FTAI Aviation also provides aviation products and services designed to support airline and maintenance, repair and overhaul operators. Its activities include engine leasing, engine and aircraft component sales, asset management, and the disassembly of aircraft and engines for parts.

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