FTAI Aviation Ltd. (FTAI) To Go Ex-Dividend on August 12th

FTAI Aviation Ltd. (NASDAQ:FTAI) declared a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Investors of record on Wednesday, August 12th will be paid a dividend of 0.50 per share by the financial services provider on Monday, August 24th. The ex-dividend date of this dividend is Wednesday, August 12th.

FTAI Aviation has decreased its dividend payment by an average of 0.0%per year over the last three years. FTAI Aviation has a dividend payout ratio of 29.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect FTAI Aviation to earn $9.78 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 20.4%.

FTAI Aviation Stock Performance

FTAI opened at $216.24 on Monday. The company has a current ratio of 5.28, a quick ratio of 2.07 and a debt-to-equity ratio of 8.55. The stock has a market capitalization of $22.21 billion, a PE ratio of 47.01, a PEG ratio of 0.87 and a beta of 1.51. FTAI Aviation has a 1-year low of $134.49 and a 1-year high of $323.51. The firm has a 50-day moving average price of $235.38 and a two-hundred day moving average price of $251.89.

FTAI Aviation (NASDAQ:FTAI) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%.The company had revenue of $953.09 million for the quarter. During the same quarter last year, the firm earned $1.57 EPS. The company’s quarterly revenue was up 40.9% compared to the same quarter last year. As a group, equities analysts anticipate that FTAI Aviation will post 6.77 earnings per share for the current fiscal 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.