Delta Air Lines, Inc. has approved a 25% increase in its quarterly cash dividend, raising it from 15 cents to 18.75 cents per share. This change is effective August 21, 2025, for shareholders of record by July 31, 2025. This marks the second dividend increase since the company renewed its dividend policy in June 2023.
During the COVID-19 pandemic, Delta had suspended its dividend payouts due to restrictions under the CARES Act, which barred airlines from distributing dividends until September 30, 2022. The recent hike reflects Delta’s commitment to enhancing shareholder value through increased cash returns.
Additionally, other transportation companies such as FedEx and Landstar System have also announced dividend increases, further indicating a trend in the sector towards rewarding shareholders.