Air Lease boosts quarterly dividend by 33% to 10c
Air Lease last night in its earnings release increased its quarterly cash dividend by 33%, to 10c from 7.5c per share. The next quarterly dividend will be paid on January 4, 2018 to holders of record of our common stock as of December 14, 2017. The company said, "Since ALC's inception, we have strived to build an industry leading aircraft lessor with strong and predictable growth, and to reward our shareholders in line with ALC's achievements. With this in mind, we are pleased to announce that the Board of Directors has authorized a 33% increase in ALC's quarterly dividend to $0.10 per share from $0.075 per share. This dividend increase is in recognition of ALC's performance as well as the confidence we have in the business going forward,"