Avation PLC (LON:AVAP) declared a dividend on Thursday, September 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 4th will be paid a dividend of $0.07 per share on Thursday, October 18th. This represents a dividend yield of 2.42%. The ex-dividend date is Thursday, October 4th. This is a boost from Avation’s previous dividend of $0.06. The official announcement can be seen at this link.
Shares of Avation stock opened at GBX 232.10 ($2.99) on Friday. Avation has a one year low of GBX 189.20 ($2.44) and a one year high of GBX 250 ($3.22).
Separately, Canaccord Genuity lifted their target price on Avation from GBX 300 ($3.87) to GBX 316 ($4.08) and gave the stock a “buy” rating in a report on Friday, July 27th.
Avation PLC, together with its subsidiaries, operates as a commercial passenger aircraft leasing company worldwide. It operates in two segments, Aircraft Leasing and Business Procurement. The company owns a range of commercial passenger aircraft; and supplies new and refurbished aircraft parts. It is also involved in the financing business.
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