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FLY Leasing to pay dividend of USD0.20 per share

Analysis

FLY Leasing has declared a quarterly cash dividend of USD0.20 per common share for 1Q2011. The dividend will be paid on 20-May-2011 to shareholders of record on 29-Apr-2011. The company's stock rose 1.1% on Friday. It is due to report its annual results on 04-May-2011.

Elsewhere, leasing shares were mixed, with AerCap and Aerocentury lower and Aircastle and Willis Lease Finance stronger.

Selected leasing company share price movements (% change): 15-Apr-2011

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