Fortress Transportation (NYSE: FTAI) declared a quarterly dividend of $0.33 per share, or $1.32 annualized.

The dividend will be payable on May 31, 2016, to stockholders of record on May 20, 2016, with an ex-dividend date of May 18, 2016.

The annual yield on the dividend is 13.3 percent.

For a dividend history and other dividend-related data on Fortress Transportation (FTAI) click here.