LATAM Airlines Group S.A (LTMAY) Dividends
Market Cap: $15.11M
Avg Volume: 289.83K
Industry: Airlines, Airports & Air Services
Sector: Industrials
Dividend Overview
LATAM Airlines Group S.A (LTMAY) pays a special dividend to its shareholders. The current dividend yield is 0.05%, which means that for every $100 invested at the current price, investors would receive approximately $0.05 in dividends per year (this can change based on future dividend payments and price movements).
About LTMAY's Dividend
LATAM Airlines Group S.A pays a special dividend. The total annual dividend is approximately $0.59 per share, meaning for each share you own, you'll receive about $0.59 in dividends over the course of a year.
The most recent ex-dividend date was May 09, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
LTMAY Dividend History
| Dividend | Adjusted Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|---|
| $0.0003 | $0.5902 | 0.05% | May 09, 2024 | May 10, 2024 | May 31, 2024 | April 30, 2024 |
| $0.0066 | $13.1084 | 2.05% | October 28, 2022 | October 31, 2022 | November 07, 2022 | |
| $0 | $0.094 | 0.00% | May 21, 2020 | |||
| $0.0885 | $176.976 | 0.92% | May 09, 2019 | May 10, 2019 | May 24, 2019 | |
| $0.0754 | $150.732 | 0.54% | May 10, 2018 | May 11, 2018 | May 25, 2018 | |
| $0.0343 | $68.574 | 0.27% | May 10, 2017 | May 12, 2017 | May 26, 2017 | |
| $0.0067 | $13.46387 | 0.09% | May 08, 2013 | |||
| $0.0115 | $22.96777 | 0.26% | January 31, 2013 | |||
| $0.0516 | $103.28964 | 1.73% | May 09, 2012 | |||
| $0.2569 | $513.70392 | 1.91% | January 05, 2012 | |||
| $0.1601 | $320.28165 | 2.03% | September 08, 2011 | |||
| $0.0301 | $60.29833 | 1.92% | May 11, 2011 | |||
| $0.3709 | $741.87488 | 1.81% | January 05, 2011 | |||
| $0.1404 | $280.76123 | 1.14% | August 11, 2010 | |||
| $0.0206 | $41.11231 | 0.76% | May 12, 2010 | |||
| $0.122 | $243.99101 | 1.12% | January 13, 2010 | |||
| $0.0672 | $134.33177 | 2.18% | August 11, 2009 | |||
| $0.1939 | $387.74551 | 4.50% | January 07, 2009 | |||
| $0.185 | $369.97913 | 3.52% | August 12, 2008 | |||
| $0.0111 | $22.11638 | 3.81% | May 01, 2008 | |||
| $0.2227 | $445.39661 | 5.58% | January 09, 2008 | |||
| $1.3165 | $526.59558 | 4.49% | August 15, 2007 | |||
| $0.8331 | $333.23071 | 3.56% | April 18, 2007 | |||
| $1.0405 | $416.1919 | 3.32% | January 10, 2007 | |||
| $0.7354 | $294.14591 | 4.05% | August 16, 2006 | |||
| $0.0286 | $11.44429 | 2.99% | May 09, 2006 | |||
| $0.5433 | $217.32265 | 2.83% | February 21, 2006 | |||
| $0.5658 | $226.31177 | 3.12% | August 24, 2005 | |||
| $0.1085 | $43.40117 | 2.47% | May 12, 2005 | |||
| $0.3463 | $138.51942 | 2.32% | December 29, 2004 | |||
| $0.4032 | $161.2892 | 3.44% | August 20, 2004 | |||
| $0.0689 | $27.56133 | 2.39% | May 13, 2004 | |||
| $0.2362 | $94.48467 | 2.84% | November 19, 2003 | |||
| $0.1168 | $46.72754 | 1.77% | August 15, 2003 | |||
| $0.0475 | $19.00781 | 1.92% | June 12, 2003 | |||
| $0.0886 | $35.44165 | 1.51% | January 08, 2003 | |||
| $0.0142 | $5.66274 | 0.25% | May 13, 2002 | |||
| $0.0454 | $18.17622 | 1.62% | May 02, 2001 | |||
| $0.1009 | $40.352 | 1.31% | January 10, 2001 | |||
| $0.1612 | $64.48677 | 2.04% | May 08, 2000 | |||
| $0.1414 | $56.54349 | 2.62% | May 07, 1999 | |||
| $0.0593 | $23.71106 | 0.95% | April 09, 1999 | |||
| $0.2962 | $118.47411 | 2.25% | May 08, 1998 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for LTMAY
- Dividend & Capex Coverage Ratio: 2.05x Strong coverage
- Dividend Frequency: Special
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 2.05x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates LATAM Airlines Group S.A can comfortably cover its dividends and necessary investments from its operating cash flow.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.