FTAI Aviation Ltd. (FTAIM) to Distribute Quarterly Dividend of $0.59 on September 15th

FTAI Aviation Ltd. (NASDAQ:FTAIM) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.5938 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

FTAI Aviation Price Performance

FTAIM stock opened at $27.55 on Friday. FTAI Aviation has a 1 year low of $26.30 and a 1 year high of $27.81. The firm has a 50-day moving average of $27.42 and a 200 day moving average of $27.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FTAI Aviation stock. Navellier & Associates Inc. bought a new stake in FTAI Aviation Ltd. (NASDAQ:FTAIM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,642 shares of the company’s stock, valued at approximately $985,000.

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.