AL Air Lease dividend history, payout ratio & dates
Air Lease's latest cash dividend of $0.21 per share was issued to shareholders on record before Sep 6, 2024. At an annualized rate of $0.84 per share, the stock yields 1.69%.
Key dates
- AL last dividend date: Sep 6, 2024
AL dividend stats
vs. Industrials sector
Dividend yield
AL has a dividend yield of 1.69% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.36%, Air Lease's dividend yield is 24% higher. The historical 5-year average of AL's dividend yield is 1.8%, which is more than the current one.
Dividend history
Air Lease has been paying dividends for the last 11 years. Our records show that AL has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 5% for the last twelve months. However with the price of the stock up by 30% from a year ago, the dividend yield has decreased by 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 6, 2024 | $0.21 | 1.98% |
| Jun 4, 2024 | $0.21 | 1.79% |
| Mar 14, 2024 | $0.21 | 1.77% |
| Dec 14, 2023 | $0.21 | 1.95% |
| Sep 11, 2023 | $0.2 | 2.02% |
| Jun 5, 2023 | $0.2 | 1.96% |
| Mar 15, 2023 | $0.2 | 2.03% |
| Dec 15, 2022 | $0.2 | 2% |
| Sep 9, 2022 | $0.185 | 1.96% |
| Jun 6, 2022 | $0.185 | 1.9% |
| Mar 17, 2022 | $0.185 | 1.66% |
| Dec 16, 2021 | $0.185 | 1.59% |
| Sep 9, 2021 | $0.16 | 1.62% |
| Jun 7, 2021 | $0.16 | 1.35% |
| Mar 18, 2021 | $0.16 | 1.26% |
| Dec 17, 2020 | $0.16 | 1.44% |
| Sep 10, 2020 | $0.15 | 1.94% |
| Jun 4, 2020 | $0.15 | 1.68% |
| Mar 19, 2020 | $0.15 | 3.79% |
| Dec 19, 2019 | $0.15 | 1.13% |
| Sep 12, 2019 | $0.13 | 1.16% |
| Jun 4, 2019 | $0.13 | 1.26% |
| Mar 19, 2019 | $0.13 | 1.37% |
| Dec 12, 2018 | $0.13 | 1.2% |
| Sep 13, 2018 | $0.1 | 0.89% |
| Jun 4, 2018 | $0.1 | 0.83% |
| Mar 19, 2018 | $0.1 | 0.8% |
| Dec 13, 2017 | $0.1 | 0.72% |
| Sep 12, 2017 | $0.075 | 0.75% |
| Jun 12, 2017 | $0.075 | 0.72% |
| Mar 16, 2017 | $0.075 | 0.64% |
| Dec 8, 2016 | $0.075 | 0.61% |
| Sep 8, 2016 | $0.05 | 0.67% |
| Jun 9, 2016 | $0.05 | 0.65% |
| Mar 17, 2016 | $0.05 | 0.56% |
| Dec 10, 2015 | $0.05 | 0.53% |
| Sep 8, 2015 | $0.04 | 0.51% |
| Jun 11, 2015 | $0.04 | 0.42% |
| Mar 18, 2015 | $0.04 | 0.37% |
Air Lease dividend payout ratio
Payout ratio
AL has a payout ratio of 19% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 32.7%, Air Lease's payout ratio is 42% lower.
Total amount of dividends paid per financial year (from cash flow)
AL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AL Air Lease Corp | 1.69% | $0.84 | 19% |
| URI United Rentals Inc | 0.78% | $6.52 | 17% |
Frequently asked questions
Does Air Lease pay a dividend?
Yes, Air Lease has paid four dividends in the last twelve months. AL has been paying dividends since 2013.
When was AL's last dividend?
Air Lease's last regular dividend was on Sep 6, 2024 (ex-date) with the amount of $0.21 per share.
How much dividend does Air Lease pay (per share)?
AL has paid dividend of $0.84 per share in the last year.
What is Air Lease's dividend yield?
Currently Air Lease's dividend yield is 1.69%.
How often does Air Lease pay dividends?
Air Lease has a quarterly dividend frequency.
What is Air Lease's dividend payout ratio?
The dividend payout ratio of Air Lease is 19%.
Does Air Lease pay a good dividend?
Air Lease's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.