Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Kelly Yamanouchi

Delta to resume dividend payouts, with CARES Act restrictions lifted

Atlanta-based Delta Air Lines announced it will pay a quarterly dividend of 10 cents per share to stock owners, its first such payment since it suspended dividends at the start of the COVID-19 pandemic in March 2020.

Airlines that received federal relief funding from the CARES Act were prohibited until Sept. 30, 2022 from paying dividends or buying back stock to benefit shareholders.

Dallas-based Southwest Airlines last December said it would resume its dividend.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.