Delta Air Lines (DAL) Cheers Investors With Dividend Payout

21.06.24 20:35 Uhr

Werte in diesem Artikel
Aktien

41,26 EUR 0,54 EUR 1,31%

Indizes

5.615,4 PKT 30,8 PKT 0,55%

In a shareholder-friendly move, Delta Air Lines DAL announced a hike in its dividend payout. DAL’s board of directors approved a dividend hike of 50%, thereby raising its quarterly cash dividend to 15 cents from 10 cents per share. The raised dividend will be paid out on Aug 20, 2024, to all its shareholders of record as of Jul 30. The move reflects DAL’s intention to utilize free cash to enhance its shareholders’ returns.   Delta Air Lines, Inc. Dividend Yield (TTM) Delta Air Lines, Inc. dividend-yield-ttm | Delta Air Lines, Inc. QuoteDAL has been consistently making efforts to reward its shareholders, which is encouraging. This marks DAL’s first dividend increase after the company renewed its dividend policy in June 2023 with a dividend payment of 10 cents per share.Notably, DAL had to suspend its dividend payout during the COVID-19 pandemic. The restrictions, under the CARES Act, prohibited airline companies from paying dividends or buying back shares till Sep 30, 2022.Dividend-paying stocks provide a solid income stream and have fewer chances of experiencing wild price swings. Dividend stocks, like DAL, are safe bets for creating wealth, as the payouts generally act as a hedge against economic uncertainty like the current scenario. DAL’s management’s decision to increase its quarterly dividend payout reflects the company’s commitment to boosting shareholder value apart from underlining confidence in its business. We believe such shareholder-friendly initiatives should boost investor confidence and positively impact this Zacks Rank #3 (Hold) company’s bottom line. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Notably, shares of DAL have gained 23.3% so far this year compared with 13.2% growth of the industry and the 14.9% rise of the Zacks S&P 500 Composite.Image Source: Zacks Investment ResearchDelta is not the only player from the Zacks Transportation sector that has rewarded its shareholders with dividend payouts or share buyback programs. To name a few, on Jun 10, 2024, FedEx Corporation's FDX board of directors approved a dividend hike of 10%, thereby raising its quarterly cash dividend from $1.26 ($5.04 annualized) per share to $1.38 ($5.52 annualized).The raised dividend will be paid out on Jul 9, 2024, to shareholders of record at the close of business on Jun 24, 2023.In January 2024, GATX Corporation's (GATX) board of directors announced a dividend hike of almost 5.5%, raising its quarterly cash dividend from 55 cents per share to 58 cents. Notably, 2024 marks the 106th consecutive year of GATX paying out dividends.Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation (WAB), (on Feb 14, 2024) announced a 17.6% dividend increase, thereby raising its quarterly cash dividend from 17 cents per share to 20 cents. Additionally, WAB’s board announced a $1 billion share buyback authorization.Buy 5 Stocks BEFORE Election DayBiden or Trump? Zacks is releasing a FREE Special Report, Profit from the 2024 Presidential Election (no matter who wins).Since 1950, presidential election years have been strong for the market. This report names 5 timely stocks to ride the wave of electoral excitement.They include a medical manufacturer that gained +11,000% in the last 15 years… a rental company absolutely crushing its sector… an energy powerhouse planning to grow its already large dividend by 25%... an aerospace and defense standout that just landed a potentially $80 billion contract… and a giant chipmaker building huge plants in the U.S. Don’t Wait. Download FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report FedEx Corporation (FDX): Free Stock Analysis Report Westinghouse Air Brake Technologies Corporation (WAB): Free Stock Analysis Report GATX Corporation (GATX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

Ausgewählte Hebelprodukte auf Delta Air Lines

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Delta Air Lines

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Quelle: Zacks

Nachrichten zu Delta Air Lines Inc.

Analysen zu Delta Air Lines Inc.

DatumRatingAnalyst
30.09.2019Delta Air Lines OutperformBernstein Research
11.07.2019Delta Air Lines OutperformCowen and Company, LLC
10.07.2019Delta Air Lines In-lineImperial Capital
11.04.2019Delta Air Lines In-lineImperial Capital
03.04.2019Delta Air Lines In-lineImperial Capital
DatumRatingAnalyst
30.09.2019Delta Air Lines OutperformBernstein Research
11.07.2019Delta Air Lines OutperformCowen and Company, LLC
02.04.2019Delta Air Lines OutperformCowen and Company, LLC
09.01.2019Delta Air Lines OutperformImperial Capital
14.12.2018Delta Air Lines OutperformCowen and Company, LLC
DatumRatingAnalyst
10.07.2019Delta Air Lines In-lineImperial Capital
11.04.2019Delta Air Lines In-lineImperial Capital
03.04.2019Delta Air Lines In-lineImperial Capital
03.07.2018Delta Air Lines HoldDeutsche Bank AG
11.07.2017Delta Air Lines In-lineImperial Capital
DatumRatingAnalyst
08.05.2007Delta Air Lines reduceUBS
04.05.2007Delta Air Lines underweightPrudential Financial
04.05.2007Delta Air Lines underweightPrudential Financial
16.09.2005Update Northwest Airlines Corp.: UnderweightJP Morgan
16.09.2005Delta Air Lines underweightPrudential Financial

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Delta Air Lines Inc. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"