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SAVE Spirit Airlines dividend history, payout ratio & dates

Spirit Airlines's most recent dividend was on Feb 22, 2024 (ex-date) with a cash dividend payment of $0.1 per share. On an annualized basis, the company has a current payout of $1.2 per share. This brings the dividend yield to 78.95% based on its recent close price.

Key dates

  • SAVE last dividend date: Feb 22, 2024
SAVE dividend stats
DPS
$1.2
Dividend yield
78.95%
Payout ratio
N/A
vs. Industrials sector
Dividend yield
1.41%
Payout ratio
31%

Dividend yield

What is Spirit Airlines current dividend yield

SAVE has a dividend yield of 78.95% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.41%, Spirit Airlines's dividend yield is 5,499% higher.

Dividend history

What is SAVE dividend payout history and dates

Spirit Airlines has been paying dividends since 2022. SAVE has distributed five dividends in the past year. The annualized dividend per share has increased by 33% for the last twelve months. And since the stock price has gone down by 91% from a year ago, the dividend yield has increased by 1,347%.

Recent dividends

Ex-date Amount Yield (TTM)
Feb 22, 2024 $0.1 18.58%
Jan 24, 2024 $0.1 16.9%
Dec 21, 2023 $0.1 7.29%
Nov 22, 2023 $0.1 8.46%
Oct 24, 2023 $0.1 6.01%
Sep 22, 2023 $0.1 5.56%
Aug 24, 2023 $0.1 5.12%
Jul 24, 2023 $0.1 3.65%
Jun 23, 2023 $0.1 3.71%
May 23, 2023 $0.1 3.33%
Apr 21, 2023 $0.1 2.28%
Mar 24, 2023 $0.1 1.79%
Feb 21, 2023 $0.1 1.05%
Jan 24, 2023 $0.1 0.51%

Spirit Airlines dividend payouts

Total amount of dividends paid per financial year (from cash flow)

SAVE dividend vs peer dividends

How does SAVE dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SAVE Spirit Airlines Inc 78.95% $1.2 N/A
ALGT Allegiant Travel CO 3.8% $2.4 N/A
LUV Southwest Airlines Co 2.39% $0.72 600%
DAL Delta Air Lines Inc 0.9% $0.5 6.9%

Frequently asked questions

Does Spirit Airlines pay a dividend?

Spirit Airlines has issued five dividends in the last twelve months.

When was SAVE's last dividend?

Spirit Airlines's last regular dividend was on Feb 22, 2024 (ex-date) with the amount of $0.1 per share.

How much dividend does Spirit Airlines pay (per share)?

On an annual basis SAVE pays $1.2 per share.

What is Spirit Airlines's dividend yield?

The current dividend yield of Spirit Airlines is 78.95%.

Does Spirit Airlines pay a good dividend?

Spirit Airlines's dividend yield is higher than the Industrials sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.