Spirit Airlines (SAVE) Dividends

Spirit Airlines's current dividend yield is 0.00%. This means that if you invest $100 in Spirit Airlines's stock at the current price, you can expect to receive approximately $0.00 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.

The most recent ex-dividend date for Spirit Airlines was February 22, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Spirit Airlines's investor relations page or financial news sources for the next ex-dividend date announcement.

Spirit Airlines's dividend payout ratio is currently 0.00%. This means that the company is distributing 0.00% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.

In the last fiscal year, Spirit Airlines paid a total of $- in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Spirit Airlines distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.

Compared to the previous year, Spirit Airlines's dividend has grown by 0.00%. This growth rate provides insight into the company's dividend policy and financial health over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings and commitment to returning value to shareholders.