Credit: Shutterstock photoAir Lease Corporation ( AL ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.03 per share is scheduled to be paid on July 07, 2014. Shareholders who purchased AL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AL has paid the same dividend. At the current stock price of $41.89, the dividend yield is .29%.
The previous trading day's last sale of AL was $41.89, representing a -2.33% decrease from the 52 week high of $42.89 and a 66.69% increase over the 52 week low of $25.13.
AL is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). AL's current earnings per share, an indicator of a company's profitability, is $1.99. Zacks Investment Research reports AL's forecasted earnings growth in 2014 as 20.5%, compared to an industry average of 13.7%.
For more information on the declaration, record and payment dates, visit the AL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AL through an Exchange Traded Fund [ETF]?
The following ETF(s) have AL as a top-10 holding:
- iShares Morningstar Small Value Index Fund ( JKL )
- QuantShares U.S. Market Neutral Size Fund ETF ( SIZ ).
The top-performing ETF of this group is JKL with an increase of 5.36% over the last 100 days. It also has the highest percent weighting of AL at 0.78%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.