Delta Air Lines (DAL) management recently announced a 50% hike in its quarterly dividend payout. This was the first dividend increase announced by DAL since its resumption of quarterly dividend payments last year following the COVID-induced hiatus. Under the CARES Act, airlines were prohibited from paying dividends or buying back shares till Sep 30, 2022. Coming back to Delta’s shareholder-friendly move, the airline heavyweight raised its quarterly dividend to 15 cents per share (annualized 60 cents per sha ...