Delta Air Lines Inc.'s board of directors announced its quarterly dividend of $0.15 per share. The airline said the dividend represents a 50% rise over previous levels. The dividend will be payable to shareholders on record as of the close of business on July 30, 2024, and will be paid on August 20, 2024.
Delta's latest quarterly earnings report saw the company target earnings per share (EPS) of $6 to $7 in 2024. The EPS recorded in the first quarter was $0.06, compared to a $0.57 loss in the same period in 2023.