The airline sets a July 30 payment date after raising its payout for the second time in 12 months.
Delta Air Lines increased its quarterly dividend to $0.215 per share, a 14.7% rise from the prior $0.188. The move lifts the forward yield to 1.02%.
The last increase was announced in July 2023, when the dividend climbed from $0.15 to $0.188. The new rate matches the largest single-step raise in the company’s dividend history.
The dividend is payable July 30 to shareholders of record on July 9, with an ex-dividend date also set for July 9.