In a shareholder-friendly move, Delta Air Lines (DAL) announced a hike in its dividend payout. DAL’s board of directors approved a dividend hike of 50%, thereby raising its quarterly cash dividend to 15 cents from 10 cents per share. The raised dividend will be paid out on Aug 20, 2024, to all its shareholders of record as of Jul 30. The move reflects DAL’s intention to utilize free cash to enhance its shareholders’ returns.   DAL has been consistently making efforts to reward its shareholders, which is enc ...

viper-zero Introduction In my previous article, I had a buy rating on Delta Air Lines (NYSE:DAL). The article focused on why my view of the company changed from negative to positive. At the time, my primary arguments focused on negative macroeconomic headwinds that I thought would cause hindrance and have not materialized. Unemployment rates and consumer confidence remained strong, while the consumer loan delinquency rate growth was slowing down. Today, I continue to stand by my bullish thesis, even after t ...

ATLANTA, June 20, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.15 per share, an increase of 50% over previous levels. The dividend is payable to shareholders of record as of the close of business on July 30, 2024, and will be paid on August 20, 2024.About DeltaThrough the warmth and service of Delta Air Lines (NYSE: DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer.Th ...

The most recent trading session ended with Delta Air Lines (DAL) standing at $49.58, reflecting a -0.26% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.03%.Shares of the airline have depreciated by 6.19% over the course of the past month, underperforming the Transportation sector's loss of 4.81% and the S&P 500's gain of 3.34%.Investors will be eagerly ...

A Delta Air Lines' Airbus A350-900 aircraft is displayed during an unveiling event for Delta's team ... [+] USA livery for the Paris 2024 Olympic Games, at the Airbus delivery centre in Toulouse, south-western France on May 2, 2024. (Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images)AFP via Getty ImagesDelta (NYSE: DAL) saw its net income surge by 3.5x y-o-y to $4.6 billion in 2023. This can primarily be attributed to higher revenues, lower fuel and interest costs, and a gain on the sale of s ...

In a customer-friendly move, Delta Air Lines (DAL) announced the most expansive winter schedule for yet to popular ski destinations. The 2024-25 winter schedule, operative between Dec 21, 2024, and Mar 30, 2025, sees a nearly 10% increase in seat capacity from the year-ago levels.Per DAL’s plan, either it will operate flights with a higher frequency or begin new service to popular ski destinations like Aspen, Bozeman, Jackson Hole, Montrose/Telluride, Steamboat Springs, Sun Valley and Vail. DAL’s daily flig ...

SANTA BARBARA, Calif. and ANDOVER, Mass., June 17, 2024 /PRNewswire/ -- Green Hills Software and Mercury Systems (Nasdaq: MRCY) announced today that they have entered the verification phase for providing DO-178C and AC 20-193 (formerly CAST-32A) airworthiness evidence for the INTEGRITY®-178 tuMP™ safety-critical real-time operating system (RTOS) running on quad-core 11th Gen Intel® Core™ i7 processors (formerly Tiger Lake). This phase follows the successful delivery of the customer-specific Plan for Softwar ...

There is optimism around the future of the economy with the latest inflation data coming in line with expectations. This has shifted the narrative towards growth stocks and investors are ready for a rate cut which can give a boost to the stocks. The strong jobs report could lead to at least one rate cut in the coming months and while we cannot predict when, it will certainly benefit the stock market.The Nasdaq and S&P 500 are already hitting new highs and if you want to get in on the ride, consider investin ...

Delta Air Lines (DAL) announced that from this fall, it would start selling Premium Select seats on New York-Los Angeles flights, in a bid to meet the increasing demand for  premium travel experience.To this end, DAL, currently carrying a Zacks Rank #3 (Hold), will initially start offering this international-style premium economy service from Sep 10 on four of its 11 peak-day flights between New York's John F. Kennedy International Airport and Los Angeles International Airport. It will use Boeing 767 widebo ...

These three stocks have excellent long-term secular growth drivers.Great stock ideas can be found in all segments of the market. The three companies below are very different, but for their own reasons, they are all great growth stocks. Here's a look at why contract logistics provider GXO Logistics (GXO 2.37%), Delta Air Lines (DAL 0.12%), and heating, ventilation, and air conditioning (HVAC) company Carrier Global (CARR -0.27%) are all great stocks to buy for growth investors.GXO LogisticsGXO Logistics oper ...