SmarterDividends
DAL

Delta Air Lines, Inc.

DAL

Industrials · Stock · quarterly payer

Forward Yield

0.94%

Annual Dividend

$0.75

Payout Ratio

10%

5-Yr Growth

-16.0%

Ex-Date

May 14, 2026

Frequency

Quarterly

DAL Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage10% of earnings paid out
Free-cash-flow coverage16% of free cash flow
Balance-sheet strengthDebt/equity of 1.05
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DAL a good dividend stock?

Mixed

Delta Air Lines, Inc. (DAL) pays a quarterly dividend yielding 0.94% ($0.75/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (10%)
  • 85% total price return over 5 years

Risks

  • Cut its dividend in 2024
  • Dividend has been shrinking, not growing

Key Data

Dividend Yield
0.94%
Payout Ratio
10%
Annual Dividend
$0.75
5-Yr Avg Growth
-16.0%
Ex-Dividend Date
May 14, 2026
Years of Growth
2
Frequency
quarterly
Beta
1.31
Market Cap
$52.2B
P/E Ratio
11.6
5-Yr Total Return
85%
52-Week Range
$45.28 – $83.83
Dividend Safety
C · 56/100
Ever Cut?
Yes (2024)
DAL ex-dividend date & scheduleNext ex-date May 14, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.75 / yr per share

Per payment (quarterly)$18.75
Annual$75.00
Monthly avg$6.25