FTAI Aviation (FTAIM) to Release Quarterly Earnings on Wednesday

FTAI Aviation (NASDAQ:FTAIM) is expected to be announcing its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $1.50 per share and revenue of $899.0220 million for the quarter.

FTAI Aviation Trading Down 0.0%

FTAIM stock opened at $27.52 on Monday. The firm has a 50 day moving average of $27.08 and a 200-day moving average of $27.07. FTAI Aviation has a 12-month low of $26.06 and a 12-month high of $27.81.

FTAI Aviation Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.5938 dividend. The ex-dividend date was Monday, June 1st. This represents a $2.38 dividend on an annualized basis and a dividend yield of 8.6%. This is an increase from FTAI Aviation’s previous quarterly dividend of $0.59.

FTAI Aviation Company Profile

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.