Dividend Growth of Delta Air Lines, Inc.(DAL)

Delta Air Lines(DAL) is having a Dividend Yield of 1.58% with the Annual cash Dividend per share of $0.68. The last quarter cash dividend per share pay out was $0.2. Delta Air Lines has a 5 year average dividend yield of 0.73% and the stock has a Indicated annual dividend of $0.81. Delta Air Lines(DAL) formally announced its most recent dividend on February 13, 2017 with a Dividend per share of $0.2. The new indicated annual dividend based on announced dividend per share is $0.81. The dividend yield based on the forward looking indicated annual dividend is 1.58%. Delta Air Lines(DAL) has the most recent dividend payout ratio of 0.15 with a 5-year average payout ratio of 0.07. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.08. The 5 year historical dividend growth of Delta Air Lines(DAL) is at the rate of 49.07% while the R-Squared dividend growth is 0.93. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Delta Air Lines, Inc. (NYSE:DAL) witnessed a decline in the market cap on Thursday as its shares dropped 0.66% or 0.34 points. After the session commenced at $51.16, the stock reached the higher end at $51.17 while it hit a low of $50.585. With the volume soaring to 6,626,729 shares, the last trade was called at $50.83. The company has a 52-week high of $52.76. The company has a market cap of $37,145 million and there are 730,770,640 shares in outstanding. The 52-week low of the share price is $32.6. Shares of Delta Air Lines, Inc. rose by 3.04% in the last five trading days and 1.05% for the last 4 weeks. Delta Air Lines, Inc. is up 6.67% in the last 3-month period. Year-to-Date the stock performance stands at 3.33%.

Currently the company Insiders own 0.75% of Delta Air Lines, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.23% . Institutional Investors own 79.44% of Delta Air Lines, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -11.36%. Company has reported several Insider transactions to the SEC, on Feb 13, 2017, W Gilbert West (Sr. EVP & COO) sold 10,000 shares at 49.20 per share price.On Feb 2, 2017, Paul A Jacobson (EVP & CFO) sold 20,000 shares at 47.32 per share price.On Jan 24, 2017, Douglas R Ralph (director) purchased 1,000 shares at 49.04 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Delta Air Lines was Upgraded by Bernstein to Outperform on Feb 6, 2017. Company shares were Reiterated by Cowen on Jan 13, 2017 to Outperform, Raises Price Target to $ 60 from a previous price target of $57 .Company shares were Reiterated by Cowen on Dec 9, 2016 to Outperform, Raises Price Target to $ 56 from a previous price target of $52 .Company shares were Reiterated by Imperial Capital on Nov 22, 2016 to In-line, Raises Price Target to $ 52 from a previous price target of $44 .

Delta Air Lines Last issued its quarterly earnings results on Jan 12, 2017. The company reported $0.82 EPS for the quarter. Analyst had a consensus estimate of $0.82. The company had revenue of $9458.00 million for the quarter, compared to analysts expectations of $9372.35 million. The companys revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 EPS.

Delta is Americas fastest growing international carrier. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic.


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