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Delta Air Lines, Inc. (DAL) logo

Delta Air Lines, Inc.

S&P 500
DAL|Industrials|Airlines|$73.33|P/E 10.7|MCap 48.2B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

59/ 100Caution

DAL's dividend shows some areas that warrant monitoring. Strengths include a 10.4% earnings payout ratio & 12.0% fcf payout ratio. Areas of concern: 0.4x current ratio & 3.2% operating margin. The dividend has been growing at a 10.93% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 10.4%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 12.0%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 4.8%Operating cash flow strongly supports the payout.

Risks

  • Current Ratio: 0.4xLimited short-term liquidity to meet obligations.
  • Dividend Cut: YesDividend was cut or suspended in recent history.
  • Operating Margin: 3.2%Operating margin is thin and pressures the dividend.

Payout & Coverage

Very Safe
Earnings Payout Ratio
10.4%Very Safe
FCF Payout Ratio
12.0%Very Safe
CFO Payout Ratio
4.8%Very Safe
Interest Coverage
10.1xVery Safe

Balance Sheet

Caution
Net Debt / Total Assets
19.6%Safe
Current Ratio
0.4xDanger
Debt-to-Equity
105.0Safe

Profitability

Caution
Return on Equity
25.0%Very Safe
Operating Margin
3.2%Warning
Gross Margin
18.6%Warning
Profit Margin Stability
VolatileWarning

Dividend Track Record

Caution
Dividend Streak
3 yrsWarning
Dividend Cut
YesDanger
5-Year Dividend CAGR
10.9%Very Safe
Earnings Stability
Mostly StableCaution

About Delta Air Lines, Inc.

Delta Air Lines, Inc. is a leading airline company that provides scheduled air transportation for passengers and cargo worldwide. It operates primarily through its Airline segment, offering passenger flights and cargo services across a vast network of domestic and international routes, and a Refinery segment that supplies jet fuel to support its airline operations. The company serves a diverse range of customers, including leisure and business travelers, with modern aircraft featuring premium seating options like Delta One lie-flat seats, Premium Select, and complimentary Wi-Fi for SkyMiles members on select flights. Delta Air Lines, Inc. maintains an extensive global presence with hubs in key cities, facilitating connections to major markets in North America, Europe, Asia, Latin America, and emerging destinations such as Riyadh, Saudi Arabia, and Marrakech, Morocco. Founded in 1928 and headquartered in Atlanta, Georgia, Delta Air Lines, Inc. plays a vital role in the transportation sector by enabling efficient air travel and logistics solutions.

Dividend Overview

Dividend Yield

0.51%

Annual Dividend

$0.38

Frequency

Semi-Annual

Payout Ratio

10.40%

FCF Payout Ratio

11.99%

Stock Price

$73.33

52-Week Range

$45.28 $76.39

Dividend History (2016–2025)

DAL annual dividend per share and yield history

Earnings & Profitability

DAL earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 14, 2026

Next Payment Date

June 4, 2026

Dividend Growth

3-Year Dividend CAGR

0.00%

5-Year Dividend CAGR

10.93%

10-Year Dividend CAGR

4.15%

3-Year Total Growth

0.00%

5-Year Total Growth

67.95%

10-Year Total Growth

50.22%

Income Calculator

DAL Dividend Calculator

Total Investment

$7,333.00

Annual Income

$37.60

Quarterly Income

$9.40

Monthly Income

$3.13

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Frequently Asked Questions

What is DAL's current dividend yield?
Delta Air Lines, Inc. (DAL) currently has a dividend yield of 0.51%, based on a stock price of $73.33 and an annual dividend of $0.38.
When is DAL's next dividend payment date?
DAL's next ex-dividend date is 2026-05-14 and the next payment date is 2026-06-04. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does DAL pay in dividends per year?
Delta Air Lines, Inc. paid $0.68 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has DAL been increasing its dividend?
Delta Air Lines, Inc. has grown its dividend at a 5-year CAGR of 10.93% and a 10-year CAGR of 4.15%.
Is DAL's dividend safe?
Delta Air Lines, Inc. has a payout ratio of 10.40%. Its free cash flow payout ratio is 11.99%. A payout ratio below 60% is generally considered sustainable.
How is DAL's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Delta Air Lines, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track DAL Dividends with OnlyDividends

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.