LATAM Airlines Group Dividend
Dividend criteria checks 2/6
LATAM Airlines Group is a dividend paying company with a current yield of 2.96% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 13th May, 2024.
Key information
3.0%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | CL$0.00096 |
| Dividend yield forecast in 3Y | 4,879.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LTM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LTM has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| LATAM Airlines Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LTM) | 3.0% |
| Market Bottom 25% (CL) | 3.5% |
| Market Top 25% (CL) | 12.1% |
| Industry Average (Airlines) | 2.9% |
| Analyst forecast in 3 Years (LTM) | 4,879.5% |
Notable Dividend: LTM's dividend (2.96%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.48%).
High Dividend: LTM's dividend (2.96%) is low compared to the top 25% of dividend payers in the CL market (12.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.2%), LTM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.3%), LTM's dividend payments are well covered by cash flows.