FTAI Aviation Series C Preferred Shares Remain A Hold Despite Juicy 8.1%
Summary
FTAI Aviation Preferred Series C remains a hold, with limited upside due to likely redemption in 2026.
The shares yield 8.1% currently, but redemption at par would reduce the effective annualized yield to just 4.8%.
The reset yield in 2026 could reach 10–11%, yet prevailing credit spreads and past redemptions make early call highly probable.
Best strategy: collect two remaining dividends, then sell above $25 ahead of anticipated redemption; otherwise, hold until called.
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I covered FTAI Aviation’s Preferred Series C shares (NASDAQ:FTAIN) with a hold rating in my last report. The stock price has remained flat since then with a 1.8% total return compared to the S&P 500’s 7.9%. So, you would have been
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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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