FTAI Aviation (FTAIM) to Release Quarterly Earnings on Wednesday

FTAI Aviation (NASDAQ:FTAIM) is anticipated to release its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $1.61 per share and revenue of $877.8880 million for the quarter.

FTAI Aviation Price Performance

Shares of NASDAQ FTAIM opened at $27.58 on Wednesday. The business’s 50 day moving average is $27.04 and its two-hundred day moving average is $27.06. FTAI Aviation has a 52-week low of $26.06 and a 52-week high of $27.81.

FTAI Aviation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.5938 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from FTAI Aviation’s previous quarterly dividend of $0.59. This represents a $2.38 dividend on an annualized basis and a dividend yield of 8.6%.

About FTAI Aviation

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.