Board of directors of Aircastle has declared a fourth quarter 2016 cash dividend of USD0.26 per share on Aircastle common shares, the company said.
The dividend is payable on December 15, 2016 to shareholders of record on November 29, 2016. The company said this is its 42nd consecutive dividend and represents an 8.3 percent increase over the previous quarter´s cash dividend. Since 2010, Aircastle has increased its dividend seven times for a total increase of 260 percent over that period.
Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of September 30, 2016, Aircastle owned and managed on behalf of its joint ventures 186 aircraft leased to 65 customers located in 35 countries.