Fly Leasing Limited (NYSE:FLY) Updates On Quarterly Dividend


As per Fly Leasing Limited (NYSE:FLY) statement on 2015-10-15, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2015-10-30, the payout date as 2015-11-20 and the ex-dividend date is 2015-10-28.

Last fiscal Fly Leasing Limited (NYSE:FLY) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of 17.647%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying 9.3362% growth.

For the period ended on 2015-12-31, Fly Leasing Limited (NYSE:FLY)’s earnings came at $0.45 per share compared to EPS of $0.78 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-10. For this quarter, the analysts have earnings estimate of $0.37 per share.

The interim price target for Fly Leasing Limited (NYSE:FLY) is set at $16. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Fly Leasing Limited (NYSE:FLY) is seen at $19 and the lowest level is established at $13. This broad range highlights a standard deviation of $2.449 in reported estimates.

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