Aercap Holdings N.V. (NYSE:AER) Announces Quarterly Dividend of $0.27

Key Points

• Aercap Holdings N.V. declared a quarterly dividend of $0.27 per share, with an ex-dividend date of August 13th and payment scheduled for September 4th.
• The company's dividend payout ratio is 8.2%, indicating that its dividend is well-supported by earnings, with expected earnings of $11.63 per share for the next fiscal year.
• Aercap's stock performance shows a current price of $107.16, following a $1.89 decrease during trading, with a market capitalization of $20.02 billion and a consensus rating of "Moderate Buy" from analysts.

Aercap Holdings N.V. (NYSE:AER - Get Free Report) declared a quarterly dividend on Thursday, July 31st, Wall Street Journal reports. Investors of record on Wednesday, August 13th will be given a dividend of 0.27 per share by the financial services provider on Thursday, September 4th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 13th.

Aercap has a dividend payout ratio of 8.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Aercap to earn $11.63 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 9.3%.

Aercap Stock Up 1.1%

Shares of NYSE:AER traded up $1.23 during trading on Friday, hitting $108.48. The company's stock had a trading volume of 1,952,532 shares, compared to its average volume of 1,224,810. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.21 and a current ratio of 0.44. Aercap has a fifty-two week low of $82.21 and a fifty-two week high of $118.07. The stock's 50-day moving average price is $114.37 and its two-hundred day moving average price is $105.52. The company has a market capitalization of $20.26 billion, a PE ratio of 6.75, a PEG ratio of 2.40 and a beta of 1.44.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter last year, the business posted $3.01 EPS. Aercap's quarterly revenue was down 3.6% compared to the same quarter last year. As a group, sell-side analysts expect that Aercap will post 11.29 EPS for the current year.

About Aercap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.