Delta Air Lines, Inc. (NYSE:DAL) Updates On Dividend Release Date


On 2016-07-29, Delta Air Lines, Inc. (NYSE:DAL) confirmed the dividend disbursement of $0.203 a share to shareholders as on record 2016-08-12. The firm will release dividend on 2016-09-02 while ex-dividend date is reported to be 2016-08-10.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Delta Air Lines, Inc. (NYSE:DAL) paid a total of $0.203 per share in dividends. This figure stood at $0.203 a share in the same period a year ago indicating a deviation of 50%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $54 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $60 and $49, respectively.

Taking the mathematical rating formula, the price for Delta Air Lines, Inc. (NYSE:DAL) stands at 1.38. Earnings Review Delta Air Lines, Inc. (NYSE:DAL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-12. For the period ending on 2016-09-30, experts are expecting EPS of $1.75.

Coming to the quarter ending on 2015-12-31, Delta Air Lines, Inc. (NYSE:DAL) recorded EPS of $1.47. The reported numbers came lower than the analysts’ estimates of $1.42, demonstrating a miss of $0.05 as against reported figures.

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