Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
Spirit Airlines Dividend Announcement
• Spirit Airlines announced a semi annually dividend of $0.10 per ordinary share which will be made payable on 2024-02-29. Ex dividend date: 2024-02-22
• Spirit Airlines annual dividend for 2024 was $0.20
• Spirit Airlines annual dividend for 2023 was $1.20
• Spirit Airlines's trailing twelve-month (TTM) dividend yield is 27.78%
Spirit Airlines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-22 | $0.10 | semi annually | 2024-02-29 |
2024-01-24 | $0.10 | semi annually | 2024-01-31 |
2023-12-21 | $0.10 | semi annually | 2023-12-29 |
2023-11-22 | $0.10 | semi annually | 2023-11-30 |
2023-10-24 | $0.10 | semi annually | 2023-10-31 |
2023-09-22 | $0.10 | semi annually | 2023-09-29 |
2023-08-24 | $0.10 | semi annually | 2023-08-31 |
2023-07-24 | $0.10 | semi annually | 2023-07-31 |
2023-06-23 | $0.10 | semi annually | 2023-06-30 |
2023-05-23 | $0.10 | semi annually | 2023-05-31 |
2023-04-21 | $0.10 | semi annually | 2023-04-28 |
2023-03-24 | $0.10 | semi annually | 2023-03-31 |
2023-02-21 | $0.10 | semi annually | 2023-02-28 |
2023-01-24 | $0.10 | semi annually | 2023-01-31 |
Spirit Airlines Dividend per year
Spirit Airlines Dividend Yield
Spirit Airlines current trailing twelve-month (TTM) dividend yield is 27.78%. Interested in purchasing Spirit Airlines stock? Use our calculator to estimate your expected dividend yield:
Spirit Airlines Financial Ratios
Spirit Airlines Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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