FLY Leasing Keeps Dividend Steady
Aircraft-leasing specialist FLY Leasing announced yesterday its third-quarter dividend of $0.22 per share, the same rate it's paid for the past five quarters after raising the payout 20%, from $0.20 per share.
The board of directors said the quarterly dividend is payable on November 19 to holders of record at the close of business on October 30. The regular dividend payment equates to a $0.88-per-share annual dividend, yielding 6.2% based on the closing price yesterday of FLY Leasing's stock.
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