Willis Lease Finance Corporation (NASDAQ: WLFC) announced on October 28, 2026, that its Board of Directors has declared a quarterly dividend of $0.15 per share of common stock outstanding. The dividend is expected to be paid on November 25, 2026, to stockholders of record as of the close of business on November 16, 2026. The company noted that this distribution represents a 12.8% increase from the previous dividend paid in August 2026.
In addition to the dividend declaration, the company disclosed that its Board has approved the renewal and increase of its share repurchase program. Under the new authorization, the company may repurchase its common stock for an aggregate purchase price of up to $200.0 million. The repurchase program is scheduled to remain active through December 31, 2031.
The company stated that share repurchases may be conducted at management's discretion through open market transactions, privately negotiated transactions, or through the use of 10b5-1 plans. The actual number of shares repurchased, as well as the timing and price of any transactions, will depend on market conditions, applicable legal requirements, and other factors. The company is not obligated to acquire any specific number of shares and retains the right to suspend, modify, or discontinue the program at any time.
