Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component. The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight controls, throttle quadrants, and other components. Its products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Blackhawk, Lockheed Martin F-35 Joint Strike Fighter, Northrop Grumman E2D Hawkeye, the US Navy F-18, and USAF F-16 and F-15 fighter aircraft. The Turbine and Engine Component segment makes components and provides services for aircraft jet engines and ground-power turbines. Its jet engine components are used on the USAF F-15 and F-16, the Airbus A-330, the Boeing 777, and others, as well as ground-power turbine applications. The company's products are used by original equipment manufacturers in the manufacture of fixed wing aircraft, helicopters jet turbine engines, and other complex aerospace and defense products. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York.
Air Industries Dividend Announcement
• Air Industries announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2015-12-01. Ex dividend date: 2015-11-19
• Air Industries's trailing twelve-month (TTM) dividend yield is -%
Air Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-11-19 | $0.15 | quarterly | 2015-12-01 |
2015-07-30 | $0.15 | quarterly | 2015-08-12 |
2015-04-09 | $0.15 | quarterly | 2015-04-24 |
2014-12-30 | $0.15 | quarterly | 2015-01-15 |
2014-10-16 | $0.15 | quarterly | 2014-11-03 |
2014-06-26 | $0.15 | quarterly | 2014-07-10 |
2014-04-11 | $0.15 | quarterly | 2014-04-22 |
2014-01-07 | $0.12 | quarterly | 2014-01-24 |
2013-09-26 | $0.12 | quarterly | 2013-10-15 |
2013-06-27 | $0.06 | quarterly | 2013-07-05 |
2013-03-14 | $0.06 | quarterly | 2013-04-01 |
2012-10-31 | $0.06 | quarterly | 2012-11-15 |
2012-10-26 | $0.06 | quarterly | 2012-11-15 |
Air Industries Dividend per year
Air Industries Dividend growth
Air Industries Dividend Yield
Air Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Air Industries stock? Use our calculator to estimate your expected dividend yield:
Air Industries Financial Ratios
Air Industries Dividend FAQ
Other factors to consider when evaluating Air Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Air Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Air Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Air Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Air Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Air Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Air Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Air Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Air Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Air Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.