Ex-Div Reminder for Air T Alpha Income Trust Preferred Securities Due 6/7/2049
November 12, 2024 at 13:34 PM EST
On 11/14/24, Air T Inc's 8.00% Alpha Income Trust Preferred Securities Due 6/7/2049 (AIRTP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 11/15/24. As a percentage of AIRTP's recent share price of $18.17, this dividend works out to approximately 2.75%, so look for shares of AIRTP to trade 2.75% lower — all else being equal — when AIRTP shares open for trading on 11/14/24..
