Amedeo Air Four Plus (LON:AA4) Hits New 1-Year High – Should You Buy?

Shares of Amedeo Air Four Plus (LON:AA4) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 53.25 ($0.68) and last traded at GBX 52.40 ($0.66), with a volume of 368119 shares. The stock had previously closed at GBX 52.10 ($0.66).

Amedeo Air Four Plus Stock Down 0.9 %

The company’s fifty day simple moving average is GBX 51.08 and its 200 day simple moving average is GBX 47.48. The firm has a market capitalization of £161.98 million and a PE ratio of 313.53.

Amedeo Air Four Plus Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were paid a GBX 2 ($0.03) dividend. This represents a dividend yield of 3.85%. The ex-dividend date was Thursday, October 10th. Amedeo Air Four Plus’s payout ratio is presently 4,117.65%.

About Amedeo Air Four Plus

Amedeo Air Four Plus Limited specializes in acquiring, leasing and selling aircraft. The fund seeks to use the net proceeds of placings and/or other equity capital raisings, together with debt facilities (or instruments), to acquire aircraft which will be leased to one or more major airlines.