FTAI Aviation Ltd. (FTAIM) To Go Ex-Dividend on March 9th

FTAI Aviation Ltd. (NASDAQ:FTAIM) announced a quarterly dividend on Tuesday, February 24th. Shareholders of record on Monday, March 9th will be paid a dividend of 0.59 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Monday, March 9th.

FTAI Aviation Price Performance

FTAIM stock opened at $27.21 on Friday. FTAI Aviation has a twelve month low of $24.60 and a twelve month high of $27.49. The business’s fifty day moving average is $27.18 and its 200-day moving average is $26.88.

FTAI Aviation Company Profile

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.