FTAI Aviation Ltd. (NASDAQ:FTAIM) Shares Bought by Shikiar Asset Management Inc.

Shikiar Asset Management Inc. grew its holdings in FTAI Aviation Ltd. (NASDAQ:FTAIM) by 4.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 128,350 shares of the company’s stock after buying an additional 5,550 shares during the period. FTAI Aviation makes up 0.9% of Shikiar Asset Management Inc.’s holdings, making the stock its 29th biggest holding. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $3,355,000 as of its most recent SEC filing.

FTAI Aviation Trading Up 0.3 %

NASDAQ:FTAIM opened at $26.28 on Friday. The firm has a fifty day simple moving average of $26.23 and a 200-day simple moving average of $25.86. FTAI Aviation Ltd. has a 12 month low of $23.58 and a 12 month high of $27.47.

FTAI Aviation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 6th were paid a dividend of $0.5938 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a $2.38 annualized dividend and a yield of 9.04%.

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.