Spirit Airlines Dividends

SAVE Stock  USD 0.13  0.02  13.33%   
The current year's Dividends Paid is expected to grow to about 742 M, whereas Dividend Yield is forecasted to decline to 0.02. Spirit Airlines' past performance could be the main factor of why investors trade Spirit Airlines stock today. Investors should clearly understand every aspect of the Spirit Airlines dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Spirit Airlines' dividend schedule and payout information. Spirit Airlines dividends can also provide a clue to the current valuation of Spirit Airlines.
Last ReportedProjected for Next Year
Dividends Paid706.7 M742 M
Dividend Yield 0.02  0.02 
Dividend Payout Ratio 0.26  0.23 
Dividend Paid And Capex Coverage Ratio(0.89)(0.84)
One of the primary advantages of investing in dividend-paying companies such as Spirit Airlines is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as Spirit Airlines is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Spirit Airlines must own a stock before its ex-dividend date to receive its next dividend.

Spirit Airlines Dividends Paid Over Time

Today, most investors in Spirit Airlines Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Spirit Airlines' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Spirit Airlines dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period.
   Dividends Paid   
       Timeline  

Spirit Airlines Historical Dividend Yield Growth

A solid dividend growth pattern of Spirit Airlines could indicate future dividend growth is likely, which can signal long-term profitability for Spirit Airlines. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period.
Dividend Yield is Spirit Airlines dividend as a percentage of Spirit Airlines stock price. Spirit Airlines dividend yield is a measure of Spirit Airlines stock productivity, which can be interpreted as interest rate earned on an Spirit Airlines investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
   Dividend Yield   
       Timeline  

Recent Spirit Airlines Dividends Paid (per share)

   Dividends Paid   
       Timeline  

Spirit Airlines Expected Dividend Income Per Share

Dividend payment represents part of Spirit Airlines' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Spirit Airlines. Spirit Airlines' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.24
Bottom Scenario
$0.5
$0.95
Top Scenario
One Year
Spirit Airlines expected dividend income per share adjusted for ongoing price standard deviation

Spirit Airlines Past Distributions to stockholders

Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spirit Airlines. If investors know Spirit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spirit Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
(6.20)
Revenue Per Share
46.897
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.05)
The market value of Spirit Airlines is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Airlines' value that differs from its market value or its book value, called intrinsic value, which is Spirit Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spirit Airlines' market value can be influenced by many factors that don't directly affect Spirit Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spirit Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compare Dividends Across Peers

Specify up to 10 symbols: