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Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. The company offers aircraft, flight crews, aircraft maintenance, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2021, the company's in-service aircraft fleet consisted of 107 owned aircraft and ten leased aircraft. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio.

Air Transport Services Dividend Announcement

Air Transport Services does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Air Transport Services dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Air Transport Services Dividend History

Air Transport Services Dividend Yield

Air Transport Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Air Transport Services stock? Use our calculator to estimate your expected dividend yield:

Air Transport Services Financial Ratios

P/E ratio-240.32
PEG ratio132.17
P/B ratio0.98
ROE-0.42%
Payout ratio0.00%
Current ratio0.81
Quick ratio0.68
Cash Ratio0.12

Air Transport Services Dividend FAQ

Does Air Transport Services stock pay dividends?
Air Transport Services does not currently pay dividends to its shareholders.
Has Air Transport Services ever paid a dividend?
No, Air Transport Services has no a history of paying dividends to its shareholders. Air Transport Services is not known for its dividend payments.
Why doesn't Air Transport Services pay dividends?
There are several potential reasons why Air Transport Services would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Air Transport Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Air Transport Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Air Transport Services a dividend aristocrat?
Air Transport Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Air Transport Services a dividend king?
Air Transport Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Air Transport Services a dividend stock?
No, Air Transport Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Air Transport Services stocks?
To buy Air Transport Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Air Transport Services stock.

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