Air T, Inc. (NASDAQ:AIRTP – Get Free Report)’s stock price rose 3.2% on Thursday . The company traded as high as $17.06 and last traded at $17.06. Approximately 390 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 1,456 shares. The stock had previously closed at $16.52.
Air T Price Performance
The business’s 50-day moving average is $17.40 and its two-hundred day moving average is $17.79.
Air T Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $2.00 annualized dividend and a yield of 11.73%.
About Air T
Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.
Featured Articles
- Five stocks we like better than Air T
- With Risk Tolerance, One Size Does Not Fit All
- Comprehensive PepsiCo Stock Analysis
- 3 Warren Buffett Stocks to Buy Now
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Bear Market Funds to Watch This Year
Receive News & Ratings for Air T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air T and related companies with MarketBeat.com's FREE daily email newsletter.
