NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $12.07 as of 9:30 a.m. ET, the dividend yield is 3.3%.
The average volume for Aircastle has been 525,900 shares per day over the past 30 days. Aircastle has a market cap of $966.8 million and is part of the
industry. Shares are up 15.1% year to date as of the close of trading on Friday.
Aircastle Limited, through its subsidiaries, engages in the acquisition, lease, and sale of high-utility commercial jet aircraft to passenger and cargo airlines worldwide. The company has a P/E ratio of 14.6, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Aircastle as buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full