Dividend Growth of Air Lease Corporation(AL)

Air Lease Corporation(AL) is having a Dividend Yield of 0.76% with the Annual cash Dividend per share of $0.23. The last quarter cash dividend per share pay out was $0.08. Air Lease Corporation has a 5 year average dividend yield of 0.36% and the stock has a Indicated annual dividend of $0.3. Air Lease Corporation(AL) formally announced its most recent dividend on November 4, 2016 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.3. The dividend yield based on the forward looking indicated annual dividend is 0.76%. Air Lease Corporation(AL) has the most recent dividend payout ratio of 0.05 with a 5-year average payout ratio of 0.05. The 5 year historical dividend growth of Air Lease Corporation(AL) is at the rate of 29.23% while the R-Squared dividend growth is 0.92. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Air Lease Corporation (NYSE:AL) witnessed a decline in the market cap on Thursday as its shares dropped 1.37% or 0.54 points. After the session commenced at $39.6, the stock reached the higher end at $39.6479 while it hit a low of $38.645. With the volume soaring to 712,943 shares, the last trade was called at $38.98. The company has a 52-week high of $39.74. The company has a market cap of $4,009 million and there are 102,843,309 shares in outstanding. The 52-week low of the share price is $24.25. Shares of Air Lease Corporation rose by 2.96% in the last five trading days and 10.71% for the last 4 weeks. Air Lease Corporation is up 10.97% in the last 3-month period. Year-to-Date the stock performance stands at 13.54%.

Currently the company Insiders own 9.45% of Air Lease Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.08% . Institutional Investors own 90.06% of Air Lease Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.32%. Company has reported several Insider transactions to the SEC, on Dec 19, 2016, Alex A Khatibi (EVP) sold 10,871 shares at 35.09 per share price.On Dec 13, 2016, Grant A Levy (EVP) sold 9,000 shares at 36.06 per share price.On Dec 6, 2016, Ian M Saines (director) sold 6,630 shares at 36.00 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Nov 22, 2016 to Outperform, Raises Price Target to $ 40 from a previous price target of $36 .

Air Lease Corp Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.81. The company had revenue of $355.10 million for the quarter, compared to analysts expectations of $354.99 million. The companys revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Air Lease Corporation is an aircraft leasing company principally engaged in purchasing commercial aircraft and leasing to airlines around the world. The Company provides leasing services in Asia, the Pacific Rim, Latin America, the Middle East and Eastern Europe. Air Lease Corporation is based in Los Angeles, California.


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