Fortress Transportation & Infrastructure Investors LLC's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before Mar 7, 2024. At an annualized rate of $1.2 per share, the stock yields 1.64%.
Fortress Transportation & Infrastructure Investors LLC's dividend yield of 1.64% is above the Industrials sector and the industry average. In comparison with its Industrials sector average of 1.42%, Fortress Transportation & Infrastructure Investors LLC's dividend yield is 15% higher. The historical 5-year average of FTAI's dividend yield is 6.7%, which is higher than the current yield.
Fortress Transportation & Infrastructure Investors LLC has been paying dividends for the last nine years. Our records show that FTAI has distributed four quarterly dividends in the past year. The annualized dividend per share has a decrease of 2.4% since twelve months ago. And with the price of the stock up by 172% from a year ago, the dividend yield has a decrease of 64%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 7, 2024 | Mar 20, 2024 | Feb 22, 2024 | $0.3 | normal |
| Nov 13, 2023 | Nov 28, 2023 | Oct 25, 2023 | $0.3 | normal |
| Aug 11, 2023 | Aug 29, 2023 | Jul 26, 2023 | $0.3 | normal |
| May 11, 2023 | May 23, 2023 | Apr 25, 2023 | $0.3 | normal |
| Mar 9, 2023 | Mar 22, 2023 | Feb 23, 2023 | $0.3 | normal |
| Nov 11, 2022 | Nov 28, 2022 | Oct 27, 2022 | $0.3 | normal |
| Nov 10, 2022 | Nov 28, 2022 | Oct 27, 2022 | $0.3 | normal |
| Aug 12, 2022 | Aug 29, 2022 | Jul 26, 2022 | $0.33 | normal |
| May 12, 2022 | May 24, 2022 | $0.33 | normal | |
| Mar 10, 2022 | Mar 23, 2022 | Feb 24, 2022 | $0.33 | normal |
| Nov 12, 2021 | Nov 29, 2021 | Oct 28, 2021 | $0.33 | normal |
| Aug 13, 2021 | Aug 30, 2021 | Jul 28, 2021 | $0.33 | normal |
| May 13, 2021 | May 25, 2021 | Apr 29, 2021 | $0.33 | normal |
| Mar 11, 2021 | Mar 23, 2021 | Feb 25, 2021 | $0.33 | normal |
| Nov 13, 2020 | Nov 30, 2020 | Oct 29, 2020 | $0.33 | normal |
| Aug 14, 2020 | Aug 31, 2020 | Jul 30, 2020 | $0.33 | normal |
| May 14, 2020 | May 26, 2020 | Apr 28, 2020 | $0.33 | normal |
| Mar 12, 2020 | Mar 24, 2020 | Feb 27, 2020 | $0.33 | normal |
| Nov 14, 2019 | Nov 26, 2019 | Oct 31, 2019 | $0.33 | normal |
| Aug 15, 2019 | Aug 27, 2019 | Aug 1, 2019 | $0.33 | normal |
| May 16, 2019 | May 28, 2019 | May 2, 2019 | $0.33 | normal |
| Mar 14, 2019 | Mar 27, 2019 | Feb 27, 2019 | $0.33 | normal |
| Nov 15, 2018 | Nov 27, 2018 | Nov 1, 2018 | $0.33 | normal |
| Aug 16, 2018 | Aug 28, 2018 | Aug 2, 2018 | $0.33 | normal |
| May 16, 2018 | May 29, 2018 | May 3, 2018 | $0.33 | normal |
| Mar 15, 2018 | Mar 27, 2018 | Feb 27, 2018 | $0.33 | normal |
| Nov 16, 2017 | Nov 27, 2017 | Nov 2, 2017 | $0.33 | normal |
| Aug 16, 2017 | Aug 28, 2017 | Aug 3, 2017 | $0.33 | normal |
| May 16, 2017 | May 26, 2017 | May 4, 2017 | $0.33 | normal |
| Mar 8, 2017 | Mar 20, 2017 | Feb 23, 2017 | $0.33 | normal |
| Nov 16, 2016 | Nov 30, 2016 | Nov 1, 2016 | $0.33 | normal |
| Aug 17, 2016 | Aug 29, 2016 | Aug 2, 2016 | $0.33 | normal |
| May 18, 2016 | May 31, 2016 | May 3, 2016 | $0.33 | normal |
Fortress Transportation & Infrastructure Investors LLC's payout ratio of 56.6% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 30.5%, Fortress Transportation & Infrastructure Investors LLC's payout ratio is 86% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GATX Gatx Corp | 1.75% | $2.23 | 31.3% |
| FTAI Fortress Transportation & Infrastructure Investors LLC | 1.7% | $1.2 | 56.6% |
Yes, Fortress Transportation & Infrastructure Investors LLC has been paying dividends for the last nine years.
At this point we don't have a record of FTAI's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Fortress Transportation & Infrastructure Investors LLC's last dividend ex-date was on Mar 7, 2024. The dividend amount was $0.3 per share.
FTAI's annualized dividend per share is $1.2.
Currently Fortress Transportation & Infrastructure Investors LLC's dividend yield is 1.64%.
Fortress Transportation & Infrastructure Investors LLC has a quarterly dividend frequency.
The dividend payout ratio of Fortress Transportation & Infrastructure Investors LLC is 56.6%.
Fortress Transportation & Infrastructure Investors LLC's dividend yield is higher than the Industrials sector average.