Spirit Airlines Dividends and Buybacks
Dividend criteria checks 2/6
Spirit Airlines is a dividend paying company with a current yield of 13.24%.
Key information
13.2%
Dividend yield
3.5%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 0% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | n/a |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Insufficient data to determine if SAVE *'s dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAVE *'s dividend payments have been increasing.
Dividend Yield vs Market
| Spirit Airlines Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SAVE *) | 13.2% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 6.8% |
| Industry Average (Airlines) | 2.8% |
| Analyst forecast (SAVE *) (up to 3 years) | 0% |
Notable Dividend: SAVE *'s dividend (13.24%) is higher than the bottom 25% of dividend payers in the MX market (2.58%).
High Dividend: SAVE *'s dividend (13.24%) is in the top 25% of dividend payers in the MX market (6.82%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate SAVE *'s payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SAVE * has not reported any payouts.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:40 |
| End of Day Share Price | 2024/11/15 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spirit Airlines, Inc. is covered by 23 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bob McAdoo | Avondale Partners |
| Garrett Chase | Barclays |
| Andrew Didora | BofA Global Research |