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Aircastle (AYR) Misses Q4 EPS by 4c, Raises Dividend by 20%

November 8, 2011 7:32 AM EST
Aircastle (NYSE: AYR) reported Q4 EPS of $0.21, $0.04 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $141.5 million versus the consensus estimate of $143.59 million.

Aircastle's Board of Directors declared a fourth quarter 2011 cash dividend on its common shares of $0.15 per share, representing a 20% increase. This equates to an annualized dividend of $0.60 per common share, compared to an annualized dividend of $0.50 per common share prior to this quarter's increase.

The dividend is payable on December 15, 2011 to shareholders of record on November 30, 2011.


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