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Spirit Airlines Stock Dividends Overview

SAVE pays dividends monthly. Last paid amount was $0.100 at Feb 29, 2024. As of today, dividend yield (TTM) is 8.26%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.26%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.100
Spirit Airlines has not yet announced its next dividend date. Last payment date was: Feb 29, 2024.

SAVE Dividend Payout History

To ensure a understanding of SAVE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Feb 22, 2024 Feb 29, 2024 $0.100 1.55%
2 Jan 12, 2024 Jan 24, 2024 Jan 31, 2024 $0.100 1.59%
3 Dec 12, 2023 Dec 21, 2023 Dec 29, 2023 $0.100 0.610%
4 Nov 14, 2023 Nov 22, 2023 Nov 30, 2023 $0.100 0.675%
5 Oct 13, 2023 Oct 24, 2023 Oct 31, 2023 $0.100 0.87%
6 Sep 15, 2023 Sep 22, 2023 Sep 29, 2023 $0.100 0.606%
7 Aug 15, 2023 Aug 24, 2023 Aug 31, 2023 $0.100 0.606%
8 Jul 14, 2023 Jul 24, 2023 Jul 31, 2023 $0.100 0.546%
9 Jun 16, 2023 Jun 23, 2023 Jul 31, 2023 $0.100 0.546%
10 May 12, 2023 May 23, 2023 May 31, 2023 $0.100 0.657%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

SAVE Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SAVE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SAVE stock here.

Comparing SAVE to Sector and Country

SAVE pays a solid dividend yield of 8.26%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.518%). SAVE’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.17%).

SAVE Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Spirit Airlines 402.879M $0.100 8.26% -
CPA
Copa Holdings SA 4.231B $1.61 4.07% -
GATX Corporation 4.498B $0.580 1.90% 33.75%
KFY
Korn/Ferry International 3.228B $0.330 1.84% 29.67%
IBP
Installed Building Products Inc 6.941B $1.95 1.43% 25.89%
TEX
Terex Corporation 3.867B $0.170 1.12% 8.64%
ENS
Enersys 3.77B $0.225 0.87% 11.88%
PRG
PROG Holdings, Inc. 1.445B $0.120 0.348% 4.63%

FAQ

What factors can affect the amount of SAVE's dividend payments?
The amount of SAVE's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SAVE sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SAVE stock be automatically reinvested?
If SAVE offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SAVE stock.

How often does SAVE pay dividend?
Spirit Airlines (SAVE) pays dividends monthly. The most recent payout was on Feb 29, 2024.

How much does SAVE pays per share?
The last recorder (Feb 22, 2024) dividend per share was $0.100.

What is SAVE dividend growth rate?
Over the last year, Spirit Airlines has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Spirit Airlines has maintained an average Dividends Per Share Growth Rate of 0%.
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About Spirit Airlines

Spirit Airlines Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distri... SAVE Profile

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