Ryan Freund

Aircastle Looks Ready for a Bounce

The dividend is currently $0.70 per share and in each successive quarter, Aircastle has raised it. Last time it was from $0.65 per share to $0.70 per share. My guess is that they'll increase it to $0.80 per share, representing a 14% increase. If they do, the forward dividend will be $3.20 per share per year, representing, at the current price, a 15.1% dividend. If they increase it to only $0.75 per share, then the $3.00 dividend would represent a 14.2% dividend. Either way, not too shabby.

Ryan