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

Air T, Inc. (NASDAQ:AIRTP) announced a quarterly dividend on Thursday, February 5th. Investors of record on Thursday, May 14th will be paid a dividend of 0.50 per share on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date is Thursday, May 14th.

Air T Price Performance

AIRTP traded down $0.26 during midday trading on Friday, hitting $20.17. 1,181 shares of the company’s stock traded hands, compared to its average volume of 8,846. The stock’s fifty day simple moving average is $19.86 and its 200-day simple moving average is $19.34. Air T has a one year low of $14.36 and a one year 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.