$22.50
+4.7%Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.
No Dividend Yield Data
AIRT has not reported any dividend yield values in the available annual periods.
No Dividend Payout Ratio Data
AIRT has not reported any dividend payout ratio values in the available annual periods.
No Net Dividends Paid Data
AIRT has not reported any net dividends paid values in the available annual periods.
Total Payments
19
Latest Dividend
$0.3000
Annual Amount
$0.5500
Frequency
Annual
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 20, 2013 | Jun 7, 2013 | Jun 28, 2013 | $0.3000 | $0.3000 | Annual | +20.00% |
May 21, 2012 | Jun 8, 2012 | Jun 29, 2012 | $0.2500 | $0.2500 | Annual | 0.00% |
May 20, 2011 | Jun 3, 2011 | Jun 24, 2011 | $0.2500 | $0.2500 | Annual | -24.24% |
May 21, 2010 | Jun 4, 2010 | Jun 25, 2010 | $0.3300 | $0.3300 | Annual | 0.00% |
May 20, 2009 | Jun 5, 2009 | Jun 26, 2009 | $0.3300 | $0.3300 | Annual | +10.00% |
May 21, 2008 | Jun 6, 2008 | Jun 27, 2008 | $0.3000 | $0.3000 | Annual | +20.00% |
May 22, 2007 | Jun 8, 2007 | Jun 29, 2007 | $0.2500 | $0.2500 | Quarterly | 0.00% |
May 23, 2006 | Jun 9, 2006 | Jun 28, 2006 | $0.2500 | $0.2500 | Quarterly | 0.00% |
May 27, 2005 | Jun 10, 2005 | Jun 28, 2005 | $0.2500 | $0.2500 | Quarterly | +25.00% |
May 11, 2004 | Jun 11, 2004 | Jun 25, 2004 | $0.2000 | $0.2000 | Quarterly | +66.67% |
May 22, 2002 | Jun 5, 2002 | Jun 20, 2002 | $0.1200 | $0.1200 | Annual | -20.00% |
May 15, 2001 | May 29, 2001 | Jun 13, 2001 | $0.1500 | $0.1500 | Annual | +123.88% |
May 19, 2000 | May 29, 2000 | Jun 13, 2000 | $0.1000 | $0.0670 | Quarterly | +415.38% |
Apr 30, 1999 | May 14, 1999 | Jun 9, 1999 | $0.0200 | $0.0130 | Quarterly | -43.48% |
May 8, 1998 | May 19, 1998 | Jun 12, 1998 | $0.0350 | $0.0230 | Quarterly | +35.29% |
May 9, 1997 | Jun 2, 1997 | Jun 23, 1997 | $0.0250 | $0.0170 | Quarterly | -57.50% |
May 2, 1994 | May 20, 1994 | Jun 15, 1994 | $0.0600 | $0.0400 | Quarterly | +21.21% |
N/A | Apr 30, 1993 | May 31, 1993 | $0.0100 | $0.0330 | Quarterly | 0.00% |
N/A | Jan 6, 1992 | Jan 20, 1992 | $0.0100 | $0.0330 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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