LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has shared an update.
On March 19, 2025, LATAM Airlines Group S.A. announced a proposal to distribute a dividend to its shareholders. The Board of Directors has agreed to propose a definitive dividend of 30% of the distributable net income from Fiscal Year 2024, amounting to approximately US$293 million. This proposal will be presented at the Ordinary Shareholders’ Meeting on March 24, 2025, with the dividend payment scheduled for April 22, 2025. Shareholders registered by April 14, 2025, will be eligible to receive the dividend. This move reflects the company’s commitment to returning value to its shareholders and may impact its financial strategy and stakeholder relations.
More about LATAM Airlines Group SA Sponsored ADR
LATAM Airlines Group S.A. operates in the airline industry, providing air transportation services for passengers and cargo across Latin America. The company is headquartered in Santiago, Chile, and focuses on connecting the region with international markets.
YTD Price Performance: 19.31%
Average Trading Volume: 318,614
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $9.87B
For an in-depth examination of LTM stock, go to TipRanks’ Stock Analysis page.