CHARLOTTE, NC, January 22, 2024 - Air T, Inc. (NASDAQ: AIRT) ("Air T") announces the following dividend dates and record dates for Air T Funding Alpha Income Preferred (AIP) securities (NASDAQ: AIRTP) during 2024 and 2025. Cash distributions on the AIP are in the amount of $0.50 per share (a rate of 8.0% per annum).
Dividend Date: | Record Date: |
February 15, 2024 | February 14, 2024 |
May 15, 2024 | May 14, 2024 |
August 15, 2024 | August 14, 2024 |
November 15, 2024 | November 14, 2024 |
February 18, 2025 | February 14, 2025 |
May 15, 2025 | May 14, 2025 |
August 15, 2025 | August 14, 2025 |
November 17, 2025 | November 14, 2025 |
Dividend Date: | Record Date: |
February 15, 2024 | February 14, 2024 |
May 15, 2024 | May 14, 2024 |
August 15, 2024 | August 14, 2024 |
November 15, 2024 | November 14, 2024 |
February 18, 2025 | February 14, 2025 |
May 15, 2025 | May 14, 2025 |
August 15, 2025 | August 14, 2025 |
November 17, 2025 | November 14, 2025 |
ABOUT AIR T, INC.
Established in 1980, Air T Inc. is a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Its core segments are overnight air cargo, aviation ground support equipment manufacturing and sales, commercial jet engines and parts, and corporate and other. We seek to expand, strengthen and diversify Air T's after-tax cash flow per share. Our goal is to build Air T's core businesses, and when appropriate, to expand into adjacent and other industries. We seek to activate growth and overcome challenges while delivering meaningful value for all stakeholders. For more information, visit www.airt.net.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release, including those contained in "Overview," are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the Company's financial condition, results of operations, plans, objectives, future performance and business. Forward-looking statements include those preceded by, followed by or that include the words "believes", "pending", "future", "expects," "anticipates," "estimates," "depends" or similar expressions. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements, because of, among other things, potential risks and uncertainties, such as:
A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT
Air T, Inc. Brian Ochocki, CFO
612-843-4302