Air T, Inc. (AIRTP) To Go Ex-Dividend on November 13th

Air T, Inc. (NASDAQ:AIRTP) announced a quarterly dividend on Thursday, February 5th. Shareholders of record on Friday, November 13th will be given a dividend of $0.50 per share on Monday, November 16th. This represents a $2.00 dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Friday, November 13th.

Air T Stock Down 0.2%

Air T stock opened at $18.86 on Wednesday. The company has a 50 day moving average price of $18.84 and a 200 day moving average price of $19.26. Air T has a 52 week low of $18.00 and a 52 week high of $21.00.

About Air T

Air T, Inc. is a diversified holding company focused primarily on aviation-related businesses. Founded in 1980 and headquartered in Maiden, North Carolina, it operates through subsidiaries that provide services and equipment to airlines, airports and other aviation customers. The company’s activities include regional air cargo transportation, aircraft ground support equipment manufacturing, and the trading, leasing and support of commercial aircraft, engines and related parts. Its ground support products include specialized equipment used to service aircraft at airports.