Delta Air Lines (DAL): Expected Dividend Payment Analysis
Delta Air Lines (DAL) has announced a dividend payout of $0.1 per share with a record date of August 07, 2023, and an ex-dividend date of July 14, 2023. This marks a noteworthy event for shareholders, representing the airline's first dividend declaration since its last payment of $0.4 per share made on March 12, 2020.
The ex-dividend date, set to July 14, 2023, carries significant importance for investors planning to buy or sell DAL's shares. According to standard stock market rules, any purchase made on or after the ex-dividend date won't be eligible for the upcoming dividend. Instead, the seller retains the right to the dividend payment. Therefore, potential investors interested in receiving this dividend must ensure that they purchase the shares before the ex-dividend date.
There's a noticeable drop in the dividend amount from $0.4 in March 2020 to $0.1 in August 2023. This reduction may be attributed to a variety of factors. The primary factor, undeniably, was the financial turmoil caused by the COVID-19 pandemic, which heavily impacted the global aviation industry. Airlines, including Delta Air Lines, faced unprecedented challenges leading to decreased revenues and increased costs. Therefore, a dividend cut during these trying times was an inevitable move for the company to preserve cash and maintain financial health.
Now, the announcement of a new dividend payment, albeit lower, could be interpreted as a sign of recovery. It demonstrates the company's confidence in its operational and financial stability to return cash to shareholders while managing its ongoing obligations and investing in future growth.
Investors and analysts should take note that despite the lower dividend rate, it's an indication that the company is at least in a position to distribute dividends again. This could potentially signal an upturn in the company's financial situation, and might reflect a positive outlook for the aviation industry's recovery from the pandemic crisis.
However, the sustainability of the dividend payment and the potential for its increase will significantly depend on Delta Air Lines' future earnings, cash flow stability, and overall recovery pace in the post-pandemic world. Therefore, investors should closely monitor DAL's upcoming earning results and strategic announcements.
The resumed dividend payment also brings Delta Air Lines back into the focus of income investors, who look for stable dividend payments as part of their investment returns. Although the dividend is smaller than pre-pandemic levels, it's a step in the right direction.
While the declared dividend is lower than its predecessor, its resumption after a considerable hiatus, marked by a challenging period, bodes well for shareholders and paints a more optimistic picture of Delta Air Lines' financial health and the recovery of the aviation sector as a whole.
DAL's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for DAL turned positive on April 09, 2025. Looking at past instances where DAL's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DAL's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where DAL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DAL advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .
DAL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 24, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DAL as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 50-day moving average for DAL moved below the 200-day moving average on April 14, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for DAL entered a downward trend on April 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.757) is normal, around the industry mean (2.444). P/E Ratio (7.372) is within average values for comparable stocks, (22.342). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.211). Dividend Yield (0.013) settles around the average of (0.036) among similar stocks. P/S Ratio (0.436) is also within normal values, averaging (0.560).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. DAL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of scheduled air transportation for passengers, freight, and mail services
Industry Airlines