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Posted On: 05/05/2017 2:35:11 PM
Post# of 2218
$AYR 4.4% Small-Cap Stocks with Big Dividends: Aircastle (AYR)
Dividend Yield: 4.4%
Aircastle Limited (NYSE:AYR) acquires, leases and sells commercial aircrafts to customers around the world. That’s a good business to be in of late, given the low-oil-price environment. It has helped the company improve profits considerably the last two years, and as a result, Aircastle has more than $461 million of cash in its coffers.
That’s why the company has upped its dividend by two cents in each of the last four years, pushing it to 26 cents — good for a 4.4% yield at its current share price. And that’s after AYR has been on a tear of late: from the beginning of November to Valentine’s Day, the stock jumped from $18.87 to $25.65 — a 36% jump in three and a half months!
It has since cooled off a bit, but at $23, AYR looks like a good buy, especially in light of the steady dividend growth.
Dividend Yield: 4.4%
Aircastle Limited (NYSE:AYR) acquires, leases and sells commercial aircrafts to customers around the world. That’s a good business to be in of late, given the low-oil-price environment. It has helped the company improve profits considerably the last two years, and as a result, Aircastle has more than $461 million of cash in its coffers.
That’s why the company has upped its dividend by two cents in each of the last four years, pushing it to 26 cents — good for a 4.4% yield at its current share price. And that’s after AYR has been on a tear of late: from the beginning of November to Valentine’s Day, the stock jumped from $18.87 to $25.65 — a 36% jump in three and a half months!
It has since cooled off a bit, but at $23, AYR looks like a good buy, especially in light of the steady dividend growth.
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