FTAI Aviation Ltd. (NASDAQ:FTAI) Plans Dividend of $0.50

FTAI Aviation Ltd. (NASDAQ:FTAI) announced a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Investors of record on Wednesday, August 12th will be given 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 by an average of 0.0%annually over the last three years. FTAI Aviation has a payout ratio of 29.6% 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 $2.00 annual dividend with an expected future payout ratio of 20.4%.

FTAI Aviation Stock Performance

Shares of NASDAQ:FTAI opened at $216.24 on Monday. FTAI Aviation has a 1 year low of $134.49 and a 1 year high of $323.51. The stock has a market capitalization of $22.21 billion, a price-to-earnings ratio of 47.01, a price-to-earnings-growth ratio of 0.87 and a beta of 1.51. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07. The company’s 50 day simple moving average is $235.38 and its 200 day simple moving average is $251.89.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.19). FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%.The business had revenue of $953.09 million for the quarter. During the same period in the previous year, the firm earned $1.57 EPS. FTAI Aviation’s revenue was up 40.9% on a year-over-year basis. As a group, research analysts predict that FTAI Aviation will post 6.77 EPS 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.