FTAI Aviation (NASDAQ:FTAIO) Shares Down 0.5%

Shares of FTAI Aviation Ltd. (NASDAQ:FTAIO) fell 0.5% on Wednesday . The stock traded as low as $24.80 and last traded at $24.80. 11,900 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 9,347 shares. The stock had previously closed at $24.93.

FTAI Aviation Stock Up 0.1 %

The firm’s 50 day moving average price is $25.27 and its two-hundred day moving average price is $24.55.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Tuesday, March 5th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 4th. This represents a $2.00 dividend on an annualized basis and a yield of 8.06%.

FTAI Aviation Company Profile

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.