FTAI Aviation Ltd. (NASDAQ:FTAIP – Get Free Report) shares shot up 0.2% during trading on Monday . The stock traded as high as $25.00 and last traded at $24.96. 10,888 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 10,193 shares. The stock had previously closed at $24.90.
FTAI Aviation Price Performance
The business has a 50-day moving average of $25.20 and a 200 day moving average of $24.73.
FTAI Aviation Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Tuesday, March 5th were issued a dividend of $0.5156 per share. The ex-dividend date was Monday, March 4th. This represents a $2.06 annualized dividend and a dividend yield of 8.26%.
About FTAI Aviation
FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.
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