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Fly Leasing declares USD 0.22 dividend

Dublin-based commercial aircraft lessor Fly Leasing Ltd (NYSE: FLY) said that it has declared a quarterly cash dividend of USD 0.22 per common share for the third quarter of 2013.

The dividend will be paid on November 19, 2013 to shareholders of record on October 30, 2013.

Fly has declared 24 consecutive quarterly cash dividends since it went public on the NYSE in 2007.

US shareholders in Fly have been able to avail of a service provided by Globetax to receive dividends gross of Irish withholding taxes. Globetax has previously charged shareholders USD 0.003 per share to provide this service.

Starting with the dividend payable in November 2013, this fee will be USD 0.005 per share. Shareholders may opt out of this service and are free to make other arrangements to reclaim such withholding taxes.

Fly acquires and leases commercial jet aircraft under multi-year operating lease contracts to a diverse group of airlines. The firm is managed and serviced by BBAM LP, one of the world´s leading aircraft lease managers with more than 20 years of experience.

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