Air T, Inc. (AIRTP) to Issue Dividend of $0.50 on May 16th

Air T, Inc. (NASDAQ:AIRTPGet Rating) announced a dividend on Saturday, May 7th, investing.com reports. Stockholders of record on Friday, May 13th will be paid a dividend of 0.50 per share on Monday, May 16th. This represents a dividend yield of 8.6%. The ex-dividend date is Thursday, May 12th.

Shares of AIRTP stock opened at $23.20 on Tuesday. Air T has a 52 week low of $22.25 and a 52 week high of $26.00.

About Air T (Get Rating)

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2021, this segment had 66 aircraft under the dry-lease agreements with FedEx.

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