Delta Air Lines, Inc. (NYSE:DAL) Plans $0.19 Quarterly Dividend

Delta Air Lines, Inc. (NYSE:DAL) declared a quarterly dividend on Wednesday, April 15th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.1875 per share by the transportation company on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 14th.

Delta Air Lines has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Delta Air Lines has a payout ratio of 11.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Delta Air Lines to earn $7.51 per share next year, which means the company should continue to be able to cover its $0.75 annual dividend with an expected future payout ratio of 10.0%.

Delta Air Lines Price Performance

DAL stock opened at $71.11 on Tuesday. The stock has a 50-day moving average price of $66.44 and a two-hundred day moving average price of $66.43. The stock has a market cap of $46.72 billion, a PE ratio of 10.37, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54. Delta Air Lines has a 1 year low of $45.28 and a 1 year high of $76.39.

Delta Air Lines (NYSE:DAL) last released its earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.05 billion. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The company’s revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 EPS. Equities analysts forecast that Delta Air Lines will post 5.3 EPS for the current fiscal year.

Key Headlines Impacting Delta Air Lines

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Sanford C. Bernstein raised Delta’s price target to $88 from $81 and reiterated an Outperform rating, citing Delta’s “fuel insulation” and better ability to absorb elevated oil prices. Delta Air Lines (NYSE:DAL) Given New $88.00 Price Target at Sanford C. Bernstein
• Positive Sentiment: Analysts highlighted Delta’s fleet revitalization and improving fuel efficiency, suggesting the company may be better positioned than peers if jet fuel costs stay high. It’s Just Plane Obvious: Delta Is Set To Benefit From The Jet Fuel Crisis
• Neutral Sentiment: Recent valuation commentary noted that DAL has had strong longer-term momentum, but the stock’s latest move reflects a cooling phase as investors weigh valuation against profitability and growth prospects. Assessing Delta Air Lines (DAL) Valuation As Conflicting Fair Value Narratives Emerge
• Negative Sentiment: U.S. airline stocks fell after oil prices surged, underscoring the sector’s exposure to higher fuel costs and the risk that margins could narrow if energy prices remain elevated. US airline stocks slip as oil surges after Trump rejects Iran peace proposal

Delta Air Lines Company Profile

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.