Air T, Inc. Announces Quarterly Dividend of $0.50 (NASDAQ:AIRTP)

Air T, Inc. (NASDAQ:AIRTP) declared a quarterly dividend on Thursday, February 5th. Investors of record on Friday, August 14th will be paid a dividend of 0.50 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Friday, August 14th.

Air T Price Performance

NASDAQ:AIRTP traded down $0.26 on Friday, reaching $20.17. 1,181 shares of the company’s stock traded hands, compared to its average volume of 8,846. The stock has a 50-day simple moving average of $19.86 and a 200-day simple moving average of $19.34. Air T has a 12 month low of $14.36 and a 12 month high of $20.60.

Air T Company Profile

Air T, Inc (NASDAQ: AIRTP) is a provider of private aviation services, offering on-demand air charter, aircraft management, and fixed base operator (FBO) solutions. Through its fleet of light jets, turboprops, and midsize aircraft, the company caters to corporate and leisure travelers seeking customized flight schedules and personalized in-flight experiences.

In addition to air charter operations, Air T delivers comprehensive aircraft management services, which include crew sourcing, pilot training, maintenance coordination, and regulatory compliance support.