FTAI Aviation (NASDAQ:FTAIN) Stock Price Up 0.4% – What’s Next?

FTAI Aviation Ltd. (NASDAQ:FTAIN) rose 0.4% during trading on Friday . The company traded as high as $26.22 and last traded at $26.15. Approximately 1,126 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 6,428 shares. The stock had previously closed at $26.06.

FTAI Aviation Trading Up 0.4 %

The company has a fifty day moving average price of $25.95 and a two-hundred day moving average price of $25.59.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a dividend yield of 7.89%. The ex-dividend date of this dividend is Monday, December 2nd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FTAI Aviation stock. Shikiar Asset Management Inc. bought a new position in shares of FTAI Aviation Ltd. (NASDAQ:FTAIN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 41,400 shares of the company’s stock, valued at approximately $1,062,000.

About FTAI Aviation

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.