FLY Leasing Keeps Dividend Steady

Aircraft-leasing specialist FLY Leasing (NYSE: FLY  ) announced today its second-quarter dividend of $0.22 per share, the same rate it's paid for the past four quarters after raising the payout 20%, from $0.20 per share.

The board of directors said the quarterly dividend is payable on Aug. 20 to the holders of record at the close of business on July 31. The aircraft lessor has made quarterly payouts to investors since 2008. 

The regular dividend payment equates to a $0.88-per-share annual dividend, yielding 6.3% based on the closing price of FLY Leasing's stock on July 12.

FLY Dividend Chart

FLY Dividend data by YCharts


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  • Report this Comment On September 27, 2013, at 12:11 AM, criminalguy44 wrote:

    don't wish to appear antagonistic but

    am still troubled by the new math:

    please explain how raising a dividend

    from .20 to .22 constitutes a 20%

    increase.

    Isn't this the same math that explains

    why the new health care is going to

    save everyone $$$ ???

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