Current Yield
0.81%
TTM Dividend/Share
$0.75
Payment Frequency
Irregular
Payout Ratio
10.9%
Consecutive Growth Years
3
Key takeaways
- Delta Air Lines (DAL) has raised its dividend for 3 consecutive years.
- Delta Air Lines (DAL) currently yields 0.81%, paying $0.75 per share over the trailing twelve months, distributed irregular.
- Payout ratio is 10.9% — the share of earnings distributed as dividends.
- 4 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 10.89% (growth is accelerating).
Dividend health for Delta Air Lines (DAL)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 11.7% |
FCF payout ratio | 3.3% |
Net debt / EBITDA | 1.0x |
Interest coverage | 8.84x |
ROIC (TTM) | 12.8% |
Dividend safety score for Delta Air Lines (DAL)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
4 of 8 checks passed
Payout ratio below 75%
Payout ratio is 10.9%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $3.5B — FCF fully covers the payout.
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 3 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 3.3%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.0x.
Dividend growth ≤ earnings growth (5Y)
Earnings are negative while dividends are still growing — unsustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
40 payments from 2013 to 2026 · Adj. Dividend is split-adjusted
| Jul 9, 2026 | Jul 30, 2026 | $0.2150 | $0.2150 |
| May 14, 2026 | Jun 4, 2026 | $0.1875 | $0.1875 |
| Feb 26, 2026 | Mar 19, 2026 | $0.1875 | $0.1875 |
| Oct 16, 2025 | Nov 6, 2025 | $0.1875 | $0.1875 |
| Jul 31, 2025 | Aug 21, 2025 | $0.1875 | $0.1875 |
| May 13, 2025 | Jun 3, 2025 | $0.1500 | $0.1500 |
| Feb 27, 2025 | Mar 20, 2025 | $0.1500 | $0.1500 |
| Oct 10, 2024 | Oct 31, 2024 | $0.1500 | $0.1500 |
| Jul 30, 2024 | Aug 20, 2024 | $0.1500 | $0.1500 |
| May 13, 2024 | Jun 4, 2024 | $0.1000 | $0.1000 |
| Feb 23, 2024 | Mar 18, 2024 | $0.1000 | $0.1000 |
| Oct 11, 2023 | Nov 2, 2023 | $0.1000 | $0.1000 |
- Jul 9, 2026$0.2150
- May 14, 2026$0.1875
- Feb 26, 2026$0.1875
- Oct 16, 2025$0.1875
- Jul 31, 2025$0.1875
- May 13, 2025$0.1500
- Feb 27, 2025$0.1500
- Oct 10, 2024$0.1500
- Jul 30, 2024$0.1500
- May 13, 2024$0.1000
- Feb 23, 2024$0.1000
- Oct 11, 2023$0.1000
Historical dividend yield for Delta Air Lines (DAL)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 0.98%
Dividend per share for Delta Air Lines (DAL)
CAGR (per year)1Y: 35.00%5Y: 10.89%10Y: 4.14%↑ Accelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 2013 | $0.12 | 2 |
| 2014 | $0.30 | 4 |
| 2015 | $0.45 | 4 |
| 2016 | $0.68 | 4 |
| 2017 | $1.01 | 4 |
| 2018 | $1.31 | 4 |
| 2019 | $1.50 | 4 |
| 2020 | $0.40 | 1 |
| 2023 | $0.20 | 2 |
| 2024 | $0.50 | 4 |
| 2025 | $0.68 | 4 |
| 2026 | $0.59 | 3 |
Dividend growth for Delta Air Lines (DAL)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $0.6750 | — | — |
| 2025 | $0.5000 | $0.6750 | +35.0% |
| 2024 | $0.2000 | $0.5000 | +150.0% |
| 2023 | $0.4025 | $0.2000 | -50.3% |
| 2020 | $1.5050 | $0.4025 | -73.3% |
| 2019 | $1.3100 | $1.5050 | +14.9% |
| 2018 | $1.0150 | $1.3100 | +29.1% |
| 2017 | $0.6750 | $1.0150 | +50.4% |
| 2016 | $0.4500 | $0.6750 | +50.0% |
| 2015 | $0.3000 | $0.4500 | +50.0% |
| 2014 | — | $0.3000 | — |
- 2026—
- 2025$0.6750
- 2024$0.5000
- 2023$0.2000
- 2020$0.4025
- 2019$1.5050
- 2018$1.3100
- 2017$1.0150
- 2016$0.6750
- 2015$0.4500
- 2014$0.3000
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
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