Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.
Delta Air Lines Dividend Announcement
• Delta Air Lines announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-10
• Delta Air Lines annual dividend for 2024 was $0.50
• Delta Air Lines annual dividend for 2023 was $0.20
• Delta Air Lines's trailing twelve-month (TTM) dividend yield is 1.01%
• Delta Air Lines's payout ratio for the trailing twelve months (TTM) is 5.99%
Delta Air Lines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $0.15 | quarterly | 2024-10-31 |
2024-07-30 | $0.15 | quarterly | 2024-08-20 |
2024-05-13 | $0.10 | quarterly | 2024-06-04 |
2024-02-23 | $0.10 | quarterly | 2024-03-18 |
2023-10-11 | $0.10 | quarterly | 2023-11-02 |
2023-07-14 | $0.10 | quarterly | 2023-08-07 |
2020-02-19 | $0.40 | quarterly | 2020-03-12 |
2019-10-23 | $0.40 | quarterly | 2019-11-14 |
2019-07-24 | $0.40 | quarterly | 2019-08-15 |
2019-05-01 | $0.35 | quarterly | 2019-05-23 |
2019-02-28 | $0.35 | quarterly | 2019-03-22 |
2018-11-06 | $0.35 | quarterly | 2018-11-28 |
2018-07-25 | $0.35 | quarterly | 2018-08-16 |
2018-05-10 | $0.30 | quarterly | 2018-06-01 |
2018-02-22 | $0.30 | quarterly | 2018-03-16 |
2017-11-16 | $0.30 | quarterly | 2017-12-08 |
2017-08-21 | $0.30 | quarterly | 2017-09-13 |
2017-05-17 | $0.20 | quarterly | 2017-06-09 |
2017-02-22 | $0.20 | quarterly | 2017-03-17 |
2016-11-08 | $0.20 | quarterly | 2016-12-02 |
2016-08-10 | $0.20 | quarterly | 2016-09-02 |
2016-05-09 | $0.14 | quarterly | 2016-06-01 |
2016-02-12 | $0.14 | quarterly | 2016-03-09 |
2015-11-04 | $0.14 | quarterly | 2015-11-30 |
2015-08-05 | $0.14 | quarterly | 2015-08-28 |
2015-05-06 | $0.09 | quarterly | 2015-05-29 |
2015-02-18 | $0.09 | quarterly | 2015-03-13 |
2014-11-05 | $0.09 | quarterly | 2014-12-01 |
2014-08-06 | $0.09 | quarterly | 2014-08-29 |
2014-05-07 | $0.06 | quarterly | 2014-05-30 |
2014-02-19 | $0.06 | quarterly | 2014-03-14 |
2013-11-04 | $0.06 | quarterly | 2013-11-26 |
2013-08-07 | $0.06 | quarterly | 2013-09-10 |
Delta Air Lines Dividend per year
Delta Air Lines Dividend growth
Delta Air Lines Dividend Yield
Delta Air Lines current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing Delta Air Lines stock? Use our calculator to estimate your expected dividend yield:
Delta Air Lines Financial Ratios
Delta Air Lines Dividend FAQ
Other factors to consider when evaluating Delta Air Lines as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Delta Air Lines's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Delta Air Lines publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Delta Air Lines distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Delta Air Lines are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Delta Air Lines sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Delta Air Lines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Delta Air Lines declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Delta Air Lines's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Delta Air Lines's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.