LATAM Airlines Approves $38M Final Dividend for FY2025, Payable May 14
summarizeSummary
LATAM Airlines Group S.A. announced the approval of a final dividend of approximately $38 million for fiscal year 2025, payable on May 14, 2026.
check_boxKey Events
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Final Dividend Approved
The Ordinary Shareholders' Meeting approved Dividend No. 55, a final mandatory dividend, for a total amount equivalent to US$37,995,268.60.
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Dividend Per Share
The dividend per share is US$0.0000661689498.
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Payment and Record Dates Set
The dividend will be paid starting May 14, 2026, to shareholders registered at midnight on May 8, 2026.
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2025 Earnings Distribution
This dividend, combined with Dividend No. 54 (Interim), represents a total distribution of 30% of the distributable net income for fiscal year 2025.
auto_awesomeAnalysis
LATAM Airlines Group S.A. has approved a final dividend for fiscal year 2025, signaling a return of capital to shareholders. This distribution, totaling approximately $38 million, represents a portion of the company's distributable net income for the year. The dividend payment provides a positive signal regarding the company's financial health and commitment to shareholder returns, following its previous interim dividend.
At the time of this filing, LTM was trading at $50.28 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $14B. The 52-week trading range was $29.93 to $70.42. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.