FTAI Aviation (NASDAQ:FTAIN) Stock Price Down 0.3%

FTAI Aviation Ltd. (NASDAQ:FTAINGet Rating) traded down 0.3% during mid-day trading on Tuesday . The company traded as low as $22.12 and last traded at $22.42. 4,470 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 7,218 shares. The stock had previously closed at $22.50.

FTAI Aviation Price Performance

The stock’s 50 day moving average is $22.28.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date of this dividend is Wednesday, May 31st.

About FTAI Aviation

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FTAI Aviation Ltd. owns and acquires infrastructure and related 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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