Willis Lease Finance Co. (NASDAQ:WLFC) to Issue $0.25 Quarterly Dividend

Willis Lease Finance Co. (NASDAQ:WLFC) declared a quarterly dividend on Thursday, October 31st,Wall Street Journal reports. Investors of record on Tuesday, November 12th will be paid a dividend of 0.25 per share by the transportation company on Thursday, November 21st. This represents a $1.00 annualized dividend and a yield of 0.50%. The ex-dividend date is Tuesday, November 12th.

Willis Lease Finance Price Performance

Shares of NASDAQ:WLFC opened at $201.34 on Friday. Willis Lease Finance has a 1-year low of $42.61 and a 1-year high of $235.43. The company has a current ratio of 1.16, a quick ratio of 1.28 and a debt-to-equity ratio of 3.84. The business’s 50 day moving average is $155.18 and its 200-day moving average is $102.51. The firm has a market capitalization of $1.33 billion, a PE ratio of 14.27 and a beta of 1.06.

Insider Buying and Selling at Willis Lease Finance

In other Willis Lease Finance news, President Brian Richard Hole sold 1,314 shares of the business’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $105.84, for a total value of $139,073.76. Following the transaction, the president now directly owns 99,587 shares in the company, valued at $10,540,288.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Willis Lease Finance news, insider Robert J. Keady sold 1,340 shares of the business’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $93.28, for a total value of $124,995.20. Following the completion of the transaction, the insider now directly owns 18,368 shares of the company’s stock, valued at approximately $1,713,367.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Brian Richard Hole sold 1,314 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $105.84, for a total transaction of $139,073.76. Following the completion of the sale, the president now directly owns 99,587 shares of the company’s stock, valued at approximately $10,540,288.08. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 37,678 shares of company stock worth $4,010,894 over the last three months. Company insiders own 57.02% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.