Air Lease Corporation (NYSE:AL) Updates On Dividend Release Date


On 2016-08-05, Air Lease Corporation (NYSE:AL) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-09-12. The firm will release dividend on 2016-10-06 while ex-dividend date is reported to be 2016-09-08.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Air Lease Corporation (NYSE:AL) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 30.7692%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $43.714 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $73 and $35, respectively.

Taking the mathematical rating formula, the price for Air Lease Corporation (NYSE:AL) stands at 1. Earnings Review Air Lease Corporation (NYSE:AL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.82.

Coming to the quarter ending on 2015-12-31, Air Lease Corporation (NYSE:AL) recorded EPS of $0.89. The reported numbers came lower than the analysts’ estimates of $0.81, demonstrating a miss of $0.08 as against reported figures.

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