Delta Air Lines: Dividend Raise Shows Confidence, But Turbulence Likely Ahead

  • Delta Air Lines, Inc.'s 25% dividend increase and strong free cash flow demonstrate resilience and management confidence despite macroeconomic uncertainty. The stock's low forward P/E of 6.47x, well below peers and historical averages, suggests Delta may be significantly undervalued. Management projects robust earnings and free cash flow growth, supporting debt reduction, buybacks, and continued shareholder returns.