Fortress Transportation (FTAI) Declares $0.33 Quarterly Dividend; 8.2% Yield

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

The dividend will be payable on March 27, 2019, to stockholders of record on March 15, 2019, with an ex-dividend date of March 14, 2019.

The annual yield on the dividend is 8.2 percent.

Joe Adams, FTAI’s CEO, stated “I am pleased to see infrastructure be a positive contributor to EBITDA for the first time, in Q4. I am also pleased to see our increasingly differentiated and value added aviation leasing business continue to grow while maintaining our profitability goals.”

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

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