Willis Lease Finance Co. (NASDAQ:WLFC) Declares $0.25 Quarterly Dividend

Willis Lease Finance Co. (NASDAQ:WLFC) declared a quarterly dividend on Tuesday, November 5th, Wall Street Journal reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.25 per share by the transportation company on Thursday, November 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Tuesday, November 12th.

Willis Lease Finance Stock Performance

WLFC stock traded down $3.05 during trading hours on Tuesday, hitting $180.73. 30,028 shares of the stock were exchanged, compared to its average volume of 19,425. The company has a current ratio of 1.80, a quick ratio of 1.28 and a debt-to-equity ratio of 3.95. The firm has a market capitalization of $1.19 billion, a P/E ratio of 14.28 and a beta of 1.06. Willis Lease Finance has a 12 month low of $42.61 and a 12 month high of $214.90. The company has a 50-day simple moving average of $147.12 and a two-hundred day simple moving average of $98.42.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 21st.

Insider Buying and Selling

In other Willis Lease Finance news, President Brian Richard Hole sold 1,314 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $105.84, for a total value of $139,073.76. Following the completion of the transaction, the president now owns 99,587 shares of the company’s stock, valued at $10,540,288.08. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Robert J. Keady sold 1,378 shares of the stock in a transaction on Friday, August 30th. The stock was sold at an average price of $106.66, for a total value of $146,977.48. Following the completion of the sale, the insider now directly owns 7,119 shares in the company, valued at $759,312.54. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $105.84, for a total value of $139,073.76. Following the transaction, the president now directly owns 99,587 shares in the company, valued at $10,540,288.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,903 shares of company stock worth $4,123,692 in the last three months. 57.02% of the stock is owned by corporate insiders.

About Willis Lease Finance

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.