Delta Air Lines (Delta Air Lines) Dividend Payout Ratio

: 0.36 (As of Mar. 2024)

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Delta Air Lines's dividend payout ratio for the months ended in Mar. 2024 was 0.36.

The historical rank and industry rank for Delta Air Lines's Dividend Payout Ratio or its related term are showing as below:

DAL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.21 Max: 0.23
Current: 0.05

During the past 13 years, the highest Dividend Payout Ratio of Delta Air Lines was 0.23. The lowest was 0.03. And the median was 0.21.

DAL's Dividend Payout Ratio is ranked better than
98.28% of 523 companies
in the Transportation industry
Industry Median: 0.4 vs DAL: 0.05

As of today (2024-04-18), the Dividend Yield % of Delta Air Lines is 0.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Delta Air Lines was 8.12%. The lowest was 0.21%. And the median was 1.43%.

Delta Air Lines's Dividends per Share for the months ended in Mar. 2024 was $0.10.

During the past 3 years, the average Dividends Per Share Growth Rate was -20.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Delta Air Lines was 77.80% per year. The lowest was -26.50% per year. And the median was 36.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Delta Air Lines Dividend Payout Ratio Historical Data

The historical data trend for Delta Air Lines's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delta Air Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.21

0.03

Delta Air Lines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio																-	-	0.05	0.08	0.36

Competitive Comparison

For the Airlines subindustry, Delta Air Lines's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Delta Air Lines Dividend Payout Ratio Distribution

For the Transportation industry and Industrials sector, Delta Air Lines's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Dividend Payout Ratio falls into.

Delta Air Lines Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Delta Air Lines's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.2	/	6.25
	=	0.03

Delta Air Lines's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.1	/	0.275
	=	0.36

Delta Air Lines (NYSE:DAL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Delta Air Lines Dividend Payout Ratio Related Terms

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Delta Air Lines (Delta Air Lines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (NYSE:DAL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DAL:Peru DAL:Mexico OYC:Germany OYC:Germany DEAI34:Brazil DAL:Austria

Address

Post Office Box 20706, Atlanta, GA, USA, 30320-6001

Website

https://www.delta.com

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.

Executives

David S Taylor	director	THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Joanne D Smith	officer: EVP & Chief HR Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Steven M Sear	officer: Pres. Int'l & EVP Global Sales	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Peter W Carter	officer: EVP and Chief Legal Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Michael P Huerta	director	1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Mike Spanos	officer: EVP & Chief Operating Officer	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Vasant M Prabhu	director	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Glen W Hauenstein	officer: EVP-Network Plng & Rev Mgmt	1600 SMITH ST, HOUSTON TX 77002
William C Carroll	officer: SVP, Finance & Controller	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Francis S Blake	director	2455 PACES FERRY RD, ATLANTA GA 30339
Edward H Bastian	officer: President and CEO NWA	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Leslie D. Hale	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
John E Laughter	officer: EVP - Chief of Operations	P.O. BOX 20574, C/O DELTA AIR LINES, INC. DEPT. 981, ATLANTA GA 30320
Daniel C. Janki	officer: EVP & Chief Financial Officer	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513