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Why I Like Aircastle Limited (NYSE:AYR)

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Aircastle Limited (NYSE:AYR) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of AYR, it is a well-regarded dividend-paying company with a an impressive history of delivering benchmark-beating performance. Below, I've touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, read the full report on Aircastle here.

6 star dividend payer with proven track record

In the previous year, AYR has ramped up its bottom line by 68%, with its latest earnings level surpassing its average level over the last five years. Not only did AYR outperformed its past performance, its growth also exceeded the Trade Distributors industry expansion, which generated a 14% earnings growth. This is an optimistic signal for the future.

NYSE:AYR Income Statement, April 30th 2019
NYSE:AYR Income Statement, April 30th 2019

For those seeking income streams from their portfolio, AYR is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 6.0%, making it one of the best dividend companies in the market.

NYSE:AYR Historical Dividend Yield, April 30th 2019
NYSE:AYR Historical Dividend Yield, April 30th 2019

Next Steps:

For Aircastle, there are three pertinent factors you should look at:

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  1. Future Outlook: What are well-informed industry analysts predicting for AYR’s future growth? Take a look at our free research report of analyst consensus for AYR’s outlook.

  2. Financial Health: Are AYR’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of AYR? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.