Profile
Company Overview
Air T Funding Preferred Stock 8% 06/07/2049 is a perpetual preferred equity security issued by Air T, Inc., structured to provide a fixed income to investors.
This preferred stock offers an 8% annual dividend yield, paid on a regular basis, making it attractive to income-focused investors seeking stable returns.
Without a maturity date, the 06/07/2049 refers to the call date, the earliest date at which the issuer may elect to redeem the shares.
Preferred stock typically has priority over common stock in dividend payments and claims on assets in the event of liquidation, but does not usually carry voting rights.
As an issue of Air T, Inc., a holding company active in air transportation and related support services, this preferred stock plays a role in financing the company's operations while offering investors an opportunity to participate in its financial stability and growth potential.
Website: https://www.airt.net
Company Details
- Sector
- Industrials
- Industry
- Conglomerates
- Country
- United States
- Employees
- 646