DAL - Are You Missing Out on These 2 Recent Dividend Raises?
2024-07-15 08:45:00 ET
We're about to swing into earnings season, and as in any earnings season, we'll see dividend raises from a clutch of familiar (and not so familiar) companies.
Indeed, the hikes have already started. Delta Air Lines (NYSE: DAL) , which just unveiled its latest set of quarterly results, recently announced a monster dividend raise, while a more modest one was declared by heavy machinery stalwart Caterpillar (NYSE: CAT) .
Signaling great confidence in its future -- and bolstered by the $2.7 billion in free cash flow (FCF) it generated in the first half of the year -- Delta declared a 50% increase in its quarterly payout this past June to $0.15 per share.
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Are You Missing Out on These 2 Recent Dividend Raises?