Delta Airlines (NYSE: DAL) shares are trading near their post-pandemic highs after trading 29% higher, year-to-date as of May 22, 2024. They’re still about $10 off their all-time highs, though. The dividend was reinstated in late 2023 after getting the cut since the summer of 2020. Currently, Delta pays $.10/share/quarter and has a yield of about 0.8%. Prior to the pandemic, Delta shares fetched a yield of around 3%. Investors are likely to shy away from the airlines industry after getting the cyclical reminder that running a profitable airline is [...]

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 2019 levels. In fact, the pandemic really demonstrated [...]