Delta Air Lines (WBO:DAL) Dividend Payout Ratio : 0.36 (As of Mar. 2024)

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What is Delta Air Lines Dividend Payout Ratio?

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:

WBO: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.

WBO:DAL's Dividend Payout Ratio is ranked better than
98.1% of 525 companies
in the Transportation industry
Industry Median: 0.4 vs WBO:DAL: 0.05

As of today (2024-04-27), 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 1.42%.

Delta Air Lines's Dividends per Share for the months ended in Mar. 2024 was €0.09.

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.

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Delta Air Lines Dividend Payout Ratio Chart

Delta Air Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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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	Get a 7-Day Free Trial															-	-	0.05	0.08	0.36

Competitive Comparison of Delta Air Lines's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the Transportation Industry

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 )
	=	0.183	/	5.731
	=	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 )
	=	0.092	/	0.253
	=	0.36

Delta Air Lines (WBO: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

Thank you for viewing the detailed overview of Delta Air Lines's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Delta Air Lines (WBO:DAL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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

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.