Delta Airlines Updates

Delta Market update 2023 – 4th Quarter

Delta Airlines (NYSE: DAL) had a decent year in 2023, increasing net income by about $3.3b year/year. This seemed like it was the first full year of true “normalcy” following the Covid Pandemic. This included the reinstatement of the quarterly dividend at $.20/share, giving DAL stock a yield just shy of 1% as of February 23, 2024. Delta Airlines still has a ways to go to fully restore the pre-Covid dividend of $.3775/share as well as deleveraging the balance sheet back to [...]

By Brian Ransom, CFA®, MBA, MS|March 7, 2024|Categories: Delta|

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