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AL (Air Lease) 3-Year Dividend Growth Rate : 9.90% (As of Jun. 2024)


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What is Air Lease 3-Year Dividend Growth Rate?

Air Lease's Dividends per Share for the three months ended in Jun. 2024 was $0.21.

The historical rank and industry rank for Air Lease's 3-Year Dividend Growth Rate or its related term are showing as below:

AL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 9.9   Med: 26.15   Max: 36.3
Current: 9.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Air Lease was 36.30% per year. The lowest was 9.90% per year. And the median was 26.15% per year.

AL's 3-Year Dividend Growth Rate is ranked worse than
61.06% of 321 companies
in the Business Services industry
Industry Median: 14.2 vs AL: 9.90

During the past 12 months, Air Lease's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Air Lease's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.26. As of today, Air Lease's Dividend Yield % is 1.87%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Air Lease's 3-Year Dividend Growth Rate

For the Rental & Leasing Services subindustry, Air Lease's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air Lease's 3-Year Dividend Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Air Lease's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Air Lease's 3-Year Dividend Growth Rate falls into.



Air Lease 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Air Lease  (NYSE:AL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Air Lease's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.21/ 0.81
=0.26

During the past 13 years, the highest Dividend Payout Ratio of Air Lease was 0.21. The lowest was 0.04. And the median was 0.10.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Air Lease Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2100002024-09-062024-09-062024-10-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002024-06-042024-06-042024-07-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002024-03-142024-03-152024-04-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002023-12-142023-12-152024-01-10Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Air Lease's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.84/44.35
=1.89 %

Current Share Price is $44.35.
Air Lease's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

During the past 13 years, the highest Dividend Yield of Air Lease was 3.26%. The lowest was 0.32%. And the median was 1.22%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air Lease 3-Year Dividend Growth Rate Related Terms>


Air Lease Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067
Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company earns from revenue originates from the renting of flight equipment. Geographically it operates in Asia Pacific, Europe, The Middle East and Africa, Central America, South America and Mexico and U.S. and Canada.
Executives
Gregory B Willis officer: SVP FINANCE AND CFO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 600N, LOS ANGELES CA 90067
Alex A Khatibi officer: EVP C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Grant A Levy officer: EVP, GENL. COUNSEL & SECRETARY C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Kishore Korde officer: EVP, Marketing 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
John L Plueger director, officer: PRESIDENT AND COO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Carol Hyland Forsyte officer: EVP, GC, Corp Secretary & CCO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Yvette Hollingsworth Clark director C/O 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Steven F Udvar-hazy director, officer: Chairman and CEO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Jie Chen officer: EVP & MANAGING DIRECTOR, ASIA C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Marshall O Larsen director 870 WINTER STREET, WALTHAM MA 02451
Cheryl Gordon Krongard director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Susan Mccaw director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Marc H Baer other: EVP C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
John D Poerschke officer: SVP C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Ian M Saines director C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067