Delta Air Lines Declares Quarterly Dividend of $0.10 Per Share
Shareholders of Record as of Close of Business on April 24, 2024 to Receive Dividend
Board of Directors Authorized Dividend at Meeting Held Today
Delta Air Lines (NYSE: DAL) announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on April 24, 2024. The payment date is set for May 15, 2024.
In the past 12 months, Delta Air Lines has paid a total dividend of $0.18 per share. At the current stock price of $43.04, this represents a dividend yield of approximately 0.42%.
Delta Air Lines has a long history of paying dividends to its shareholders. The company has increased its dividend every year for the past five years. In 2023, the company paid out $685 million in dividends.
The declaration of a dividend is subject to the approval of Delta Air Lines' Board of Directors. The Board considers a number of factors when making this decision, including the company's financial performance, its capital needs, and its overall business strategy.
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