Doric Nimrod Air Two Ltd. Stock Analysis DNA2.L

Doric Nimrod Air Two Ltd. engages in acquiring, leasing, and selling aircraft. The firm's investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The firm aims to provide its shareholders with a total return comprising income, from distributions through the period of the Company's ownership of the assets and capital upon the sale of the assets. The company targets a distribution of about 4.5 pence per share per quarter. The firm has a portfolio of seven Airbus A380-861 aircraft, all of which are on long-term leases with Emirates Airline, the national carrier owned by the Investment Corporation of Dubai, based in Dubai, United Arab Emirates. The firm has four wholly owned subsidiaries, such as MSN077 Limited, MSN090 Limited, MSN105 Limited, and Doric Nimrod Air Finance Alpha Limited. The firm's asset manager is Doric GmbH.