Air Lease's latest quarterly cash dividend of $0.2 per share was issued to shareholders on record before Sep 11, 2023. At an annualized rate of $0.8 per share, the stock yields 2.03%.
AL has a dividend yield of 2.03% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.52%, Air Lease's dividend yield is 34% higher. The historical 5-year average of AL's dividend yield is 1.7%, which is less than the current one.
Air Lease has been paying dividends for the last ten years. Our records show that AL has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. However with the price of the stock up by 27% from a year ago, the dividend yield has decreased by 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 11, 2023 | Oct 6, 2023 | Aug 2, 2023 | $0.2 | normal |
| Jun 5, 2023 | Jul 7, 2023 | May 1, 2023 | $0.2 | normal |
| Mar 15, 2023 | Apr 12, 2023 | Feb 16, 2023 | $0.2 | normal |
| Dec 15, 2022 | Jan 10, 2023 | Nov 3, 2022 | $0.2 | normal |
| Sep 9, 2022 | Oct 7, 2022 | Aug 3, 2022 | $0.185 | normal |
| Jun 6, 2022 | Jul 8, 2022 | May 4, 2022 | $0.185 | normal |
| Mar 17, 2022 | Apr 7, 2022 | Feb 15, 2022 | $0.185 | normal |
| Dec 16, 2021 | Jan 5, 2022 | Nov 4, 2021 | $0.185 | normal |
| Sep 9, 2021 | Oct 8, 2021 | Aug 5, 2021 | $0.16 | normal |
| Jun 7, 2021 | Jul 9, 2021 | May 6, 2021 | $0.16 | normal |
| Mar 18, 2021 | Apr 7, 2021 | Feb 22, 2021 | $0.16 | normal |
| Dec 17, 2020 | Jan 6, 2021 | Nov 9, 2020 | $0.16 | normal |
| Sep 10, 2020 | Oct 9, 2020 | Aug 5, 2020 | $0.15 | normal |
| Jun 4, 2020 | Jul 9, 2020 | May 6, 2020 | $0.15 | normal |
| Mar 19, 2020 | Apr 8, 2020 | Feb 14, 2020 | $0.15 | normal |
| Dec 19, 2019 | Jan 6, 2020 | Nov 7, 2019 | $0.15 | normal |
| Sep 12, 2019 | Oct 4, 2019 | Aug 8, 2019 | $0.13 | normal |
| Jun 4, 2019 | Jul 11, 2019 | May 8, 2019 | $0.13 | normal |
| Mar 19, 2019 | Apr 10, 2019 | Feb 21, 2019 | $0.13 | normal |
| Dec 12, 2018 | Jan 9, 2019 | Nov 8, 2018 | $0.13 | normal |
| Sep 13, 2018 | Oct 5, 2018 | Aug 9, 2018 | $0.1 | normal |
| Jun 4, 2018 | Jul 10, 2018 | May 10, 2018 | $0.1 | normal |
| Mar 19, 2018 | Apr 6, 2018 | Feb 22, 2018 | $0.1 | normal |
| Dec 13, 2017 | Jan 4, 2018 | Nov 9, 2017 | $0.1 | normal |
| Sep 12, 2017 | Oct 6, 2017 | Aug 3, 2017 | $0.075 | normal |
| Jun 12, 2017 | Jul 11, 2017 | May 4, 2017 | $0.075 | normal |
| Mar 16, 2017 | Apr 7, 2017 | Feb 23, 2017 | $0.075 | normal |
| Dec 8, 2016 | Jan 9, 2017 | Nov 3, 2016 | $0.075 | normal |
| Sep 8, 2016 | Oct 6, 2016 | Aug 4, 2016 | $0.05 | normal |
| Jun 9, 2016 | Jul 7, 2016 | May 5, 2016 | $0.05 | normal |
| Mar 17, 2016 | Apr 5, 2016 | Feb 25, 2016 | $0.05 | normal |
AL has a payout ratio of 18.7% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 29.2%, Air Lease's payout ratio is 36% lower.
Yes, Air Lease has paid four dividends in the last twelve months. AL has been paying dividends since 2013.
AL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2023.
Air Lease's last regular dividend was on Sep 11, 2023 (ex-date) with the amount of $0.2 per share.
AL has paid dividend of $0.8 per share in the last year.
Currently Air Lease's dividend yield is 2.03%.
Air Lease has a quarterly dividend frequency.
The dividend payout ratio of Air Lease is 18.7%.
Air Lease's dividend yield is more than the Industrials sector average.