FTAI Aviation Ltd. (FTAI) to Issue Dividend of $0.45 on May 26th

FTAI Aviation Ltd. (NASDAQ:FTAI) declared a dividend on Tuesday, April 28th, NASDAQ Dividends reports. Investors of record on Wednesday, May 13th will be given a dividend of 0.45 per share by the financial services provider on Tuesday, May 26th. The ex-dividend date is Wednesday, May 13th.

FTAI Aviation has decreased its dividend by an average of 0.0%annually over the last three years. FTAI Aviation has a dividend payout ratio of 23.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect FTAI Aviation to earn $9.78 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 16.4%.

FTAI Aviation Stock Performance

Shares of NASDAQ:FTAI opened at $270.29 on Monday. FTAI Aviation has a 12-month low of $105.59 and a 12-month high of $323.51. The stock has a market cap of $27.73 billion, a PE ratio of 53.63, a P/E/G ratio of 1.09 and a beta of 1.49. The business has a 50 day moving average of $253.17 and a 200-day moving average of $226.39. The company has a quick ratio of 2.48, a current ratio of 5.24 and a debt-to-equity ratio of 8.00.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.32). FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The firm had revenue of $830.70 million for the quarter. During the same period in the previous year, the company posted $0.87 EPS. The firm’s revenue for the quarter was up 65.4% on a year-over-year basis. As a group, equities research analysts forecast that FTAI Aviation will post 6.77 earnings per share for the current year.

About FTAI Aviation

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.