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

Willis Lease Finance Co. (NASDAQ:WLFC) announced a quarterly dividend on Monday, January 27th,Wall Street Journal reports. Investors of record on Wednesday, February 12th will be given a dividend of 0.25 per share by the transportation company on Friday, February 21st. This represents a $1.00 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Wednesday, February 12th.

Willis Lease Finance has a payout ratio of 5.8% indicating that its dividend is sufficiently covered by earnings.

Willis Lease Finance Trading Down 3.9 %

WLFC stock opened at $184.93 on Tuesday. Willis Lease Finance has a 52 week low of $46.70 and a 52 week high of $235.43. The company has a market capitalization of $1.22 billion, a PE ratio of 13.11 and a beta of 1.11. The company’s 50-day simple moving average is $206.32 and its 200 day simple moving average is $159.28. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings results on Monday, November 4th. The transportation company reported $3.37 earnings per share for the quarter. Willis Lease Finance had a net margin of 18.56% and a return on equity of 20.62%. The company had revenue of $146.22 million during the quarter.

Insider Buying and Selling at Willis Lease Finance

In related news, Director Rae Ann Mckeating sold 500 shares of Willis Lease Finance stock in a transaction on Monday, November 18th. The shares were sold at an average price of $194.32, for a total transaction of $97,160.00. Following the completion of the transaction, the director now owns 16,500 shares of the company’s stock, valued at $3,206,280. This trade represents a 2.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Brian Richard Hole sold 20,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $203.31, for a total value of $4,066,200.00. Following the sale, the president now owns 81,164 shares of the company’s stock, valued at approximately $16,501,452.84. The trade was a 19.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,500 shares of company stock worth $5,164,310. 57.02% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Willis Lease Finance from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

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.