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Delta Air Lines (Delta Air Lines) 3-Year Dividend Growth Rate

: -20.80% (As of Mar. 2024)
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Delta Air Lines's Dividends per Share for the three months ended in Mar. 2024 was $0.10.

The historical rank and industry rank for Delta Air Lines's 3-Year Dividend Growth Rate or its related term are showing as below:

DAL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26.5   Med: 36.7   Max: 77.8
Current: -20.8

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.

DAL's 3-Year Dividend Growth Rate is ranked worse than
92.98% of 356 companies
in the Transportation industry
Industry Median: 12.85 vs DAL: -20.80

During the past 3 years, the average Dividends Per Share Growth Rate was -20.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Delta Air Lines's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.36. As of today, Delta Air Lines's Dividend Yield % is 0.61%.

Good Sign:

Delta Air Lines Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison

For the Airlines subindustry, Delta Air Lines's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Transportation industry and Industrials sector, Delta Air Lines's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's 3-Year Dividend Growth Rate falls into.



Delta Air Lines 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Delta Air Lines  (NYSE:DAL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Delta Air Lines Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-02-232024-02-262024-03-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-10-112023-10-122023-11-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-07-142023-07-172023-08-07Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Delta Air Lines's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.3/49.02
=0.61 %

Current Share Price is $49.02.
Delta Air Lines's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.3.

During the past 13 years, the highest Dividend Yield of Delta Air Lines was 8.12%. The lowest was 0.21%. And the median was 1.42%.

Good Sign:

Delta Air Lines Inc stock dividend yield is close to 3-year high.

* 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.


Delta Air Lines 3-Year Dividend Growth Rate Related Terms>


Delta Air Lines (Delta Air Lines) Business Description

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

Delta Air Lines (Delta Air Lines) Headlines