DAL Dividend Yield 2026: Delta Air Lines, Inc.

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Data last updated: Jul 03, 2026

Dividend Yield: 0.81%

Annual Dividend: $0.75 per share

Payout Ratio: 10.5%

Ex-Dividend Date: 2026-07-09

Dividend Frequency: quarterly

Sector: Industrials

Years of Dividend History: 12

About Delta Air Lines, Inc. Dividend

Delta Air Lines, Inc. pays a quarterly dividend, making it one of the few major U.S. carriers with an active payout program. The Delta Air Lines, Inc. dividend currently yields 0.81%, with a trailing annual rate of $0.75 per share. The next ex-dividend date is July 9, 2026, and the last dividend paid was $0.2150 per share. With a beta of 1.313, DAL stock carries above-average price volatility, which shapes its appeal more toward growth-oriented dividend investors than those seeking steady income.

Dividend Safety

Delta Air Lines, Inc. pays out 10.5% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings means the airline retains the vast majority of its profits, leaving substantial room to sustain the current payout even if earnings soften. Delta Air Lines, Inc. dividend safety faces its most direct pressure from the cyclical nature of air travel demand, which drove a sharp dividend cut in 2020 when the pandemic halted passenger traffic across DAL's domestic and international networks. A beta of 1.313 reflects that the business, and by extension its dividend, is sensitive to broader economic swings.

Delta Air Lines, Inc. (DAL) Dividend Growth Rate, CAGR, and History

Delta Air Lines, Inc. dividend history shows a CAGR of 7.7% per year from 2014 to 2025. The per-share annual dividend grew from $0.30 in 2014 to $0.675 in 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 50.4% in 2017, though the history also contains at least one year-over-year decline exceeding 5%, reflecting the interruption to payouts during the pandemic period.

Delta Air Lines, Inc. Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+18.8%	$0.40 (2020)	$0.68 (2025)
5-Year	-12.4%	$1.31 (2018)	$0.68 (2025)
10-Year	+18.9%	$0.12 (2013)	$0.68 (2025)

Is Delta Air Lines, Inc. a Good Dividend Stock?

DAL stock fits dividend investors who prioritize earnings headroom over yield size. The yield is low (below 2%), currently at 0.81%, which is above the 5-year average of 0.5% but still modest in absolute terms. The 10.5% payout ratio means the airline is not stretching to fund its dividend, and the 7.7% annual growth rate over the 2014-2025 window shows the payout can expand meaningfully when the business performs. The trade-off is clear: income today is thin, and the dividend has a demonstrated history of interruption during severe downturns in air travel demand.

Recent Delta Air Lines, Inc. Dividend Payments

Payment Date	Amount per Share
2026-07-09	$0.2150
2026-05-14	$0.1875
2026-02-26	$0.1875
2025-10-16	$0.1875
2025-07-31	$0.1875
2025-05-13	$0.1500
2025-02-27	$0.1500
2024-10-10	$0.1500
2024-07-30	$0.1500
2024-05-13	$0.1000

Delta Air Lines, Inc. Annual Dividend History

Year	Total Dividends
2026	$0.5900
2025	$0.6750
2024	$0.5000
2023	$0.2000
2020	$0.4025

Related Industrials Dividend Stocks

• CAT — Caterpillar Inc. (0.61% yield)
• GE — GE Aerospace (0.41% yield)
• RTX — RTX Corporation (1.39% yield)
• DE — Deere & Company (1.06% yield)
• ETN — Eaton Corporation plc (1.07% yield)
• ADP — Automatic Data Processing, Inc. (2.74% yield)

Frequently Asked Questions

How often does Delta Air Lines, Inc. pay dividends?

Delta Air Lines, Inc. pays dividends quarterly. The last dividend paid was $0.2150 per share, with the next ex-dividend date set for July 9, 2026.

What is Delta Air Lines, Inc.'s current dividend yield?

The current DAL dividend yield is 0.81%. That sits above the 5-year average yield of 0.5%, though both figures fall in the low-yield category below 2%.

Has Delta Air Lines, Inc. ever cut its dividend?

Yes. The annual dividend dropped sharply from $1.505 in 2019 to $0.4025 in 2020, reflecting the suspension of payments during the pandemic. The available history window also shows the dividend did not resume at prior levels until several years later.

How fast has Delta Air Lines, Inc. grown its dividend?

Delta Air Lines, Inc. has grown its dividend at a compound annual growth rate (CAGR) of 7.7% per year from 2014 to 2025. The per-share annual payout rose from $0.30 to $0.675 over that period.

Is Delta Air Lines, Inc. dividend safe?

The 10.5% payout ratio is conservative (below 40%), which means current earnings cover the dividend with significant room to spare. The primary risk is cyclical: air travel demand can fall sharply in downturns, as the 2020 dividend history demonstrates.

Why is Delta Air Lines, Inc. dividend yield low?

At 0.81%, the DAL dividend yield is low because the company pays out only 10.5% of earnings. A conservative payout ratio keeps the absolute dividend per share modest relative to the stock price.

What type of investor is Delta Air Lines, Inc. best suited for?

DAL stock fits dividend investors comfortable with cyclical exposure who value a low payout ratio and room for dividend growth over high current income. The 0.81% yield is not suited for investors who depend on dividend cash flow.

Latest DAL News

• Delta Air Lines (DAL) Is Up 7.7% After Dividend Hike And Russell Growth Index Additions - simplywall.st — simplywall.st
• Delta Air Lines (DAL) Dividend Raise And Governance Stance: What Does This Signal About Capital Priorities? - Yahoo Finance — Yahoo Finance
• Delta Air Lines (DAL) Stock After 1-Year 89% Rally Is Valuation Still Appealing - simplywall.st — simplywall.st

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