Willis Lease Finance Corporation (WLFC) to Issue Quarterly Dividend of $0.40 on February 20th

Willis Lease Finance Corporation (NASDAQ:WLFC) announced a quarterly dividend on Friday, January 16th. Investors of record on Wednesday, February 11th will be given a dividend of 0.40 per share by the transportation company on Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, February 11th.

Willis Lease Finance has a dividend payout ratio of 11.0% indicating that its dividend is sufficiently covered by earnings.

Willis Lease Finance Stock Up 3.3%

Shares of Willis Lease Finance stock opened at $200.18 on Monday. Willis Lease Finance has a twelve month low of $114.01 and a twelve month high of $211.00. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 11.99 and a beta of 0.78. The company has a current ratio of 1.88, a quick ratio of 1.50 and a debt-to-equity ratio of 3.44. The company has a fifty day moving average price of $153.92 and a 200 day moving average price of $143.80.

About Willis Lease Finance

Willis Lease Finance Corporation (NASDAQ: WLFC) is an independent global provider of aircraft engine leasing, trading and aftermarket services. Founded in 1991 and headquartered in the United States, the company specializes in offering short- and long-term operating leases for jet engines and auxiliary power units. Through its broad engine portfolio, Willis Lease Finance supports a wide range of commercial aircraft across various operators, including major airlines, regional carriers and other leasing companies.

In addition to leasing solutions, Willis Lease Finance offers comprehensive engine trading and asset management services.