08-31-2023
USD/share | |
Price | 42.88 |
Dividend | 0.40 |
Earnings | 2.06 |
Cash-flow | 9.97 |
Book value | 10.21 |
Equity | 8.11 |
Delta Air Lines is part of Travel and Leisure business, which is part of Consumer Services industry. Delta Air Lines is a company from USA, and his stocks are publicly traded.
Delta Air Lines stock dividend
Delta Air Lines paid a total dividend of 257 million USD last year, for a market value of 27,572 millions (Market Cap 6,890 millions). Delta Air Lines dividend per share is 0.40 USD, and his stock market price 42.88 USD.
According to the chart below, where dividend yield is displayed, Delta Air Lines has a dividend yield of 0.93%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Delta Air Lines stocks dividend with other Travel and Leisure companies or other of the high USA dividend stocks list.
Delta Air Lines Dividend Payout
About the ability of Delta Air Lines to maintain his current dividend of USD 0.40 per share, an amount that accounts for 0.93%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Delta Air Lines payout on ernings is currently 19.42%, which is lower than the market average and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures lead us to believe that there is confidence that Delta Air Linescan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Delta Air Lines is USD 9.97 per share, which is higher than the dividend per share paid by the company of USD 0.40, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Delta Air Lines, compared againt world market average, USA companies, Consumer Services industry and Travel and Leisure sector companies.
Delta Air Lines Dividend History
Below you will find a table with the historical evolution of Delta Air Lines's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | USD | Paypout | Shares* |
Present | 0.93% | 0.40 | 19.42% | 643 |
2022 | 0.00% | 0.00 | 0.00% | 641 |
2021 | 0.00% | 0.00 | 0.00% | 640 |
2020 | 4.00% | 1.61 | 21.61% | 638 |
2019 | 2.75% | 1.61 | 26.44% | 647 |
2018 | 2.81% | 1.40 | 25.83% | 691 |
2017 | 2.18% | 1.22 | 19.84% | 713 |
2016 | 1.68% | 0.81 | 13.28% | 749 |
2015 | 1.16% | 0.54 | 60.00% | 795 |
*In millions
Then you can see the evolution of Delta Air Lines dividend stock, and compare it with the average of USA stocks and that of the Travel and Leisure stocks.
Delta Air Lines Stock performance
Finally, last moth Delta Air Lines showed a return of -7.30% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 38.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Travel and Leisure firms.