LATAM Airlines (LTM) sets 2025 final dividend and 30% payout ratio
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
LATAM Airlines Group S.A. approved Dividend No. 55, a final minimum mandatory dividend for fiscal year 2025 totaling the equivalent of US$37,995,268.60. This corresponds to an equivalent of US$0.0000661689498 per share and, together with interim Dividend No. 54, represents 30% of distributable net income for 2025.
Dividend No. 55 will be paid in Chilean pesos from May 14, 2026, using the “observed” exchange rate published on May 8, 2026. Shareholders registered at midnight on May 8, 2026 will be entitled to receive the cash dividend, which will be paid mainly via bank demand drafts or deposits through Banco de Crédito e Inversiones.
Positive
- None.
Negative
- None.
Insights
LATAM confirms a modest 2025 cash dividend equal to 30% of distributable net income.
LATAM Airlines Group is distributing a final mandatory dividend of US$37,995,268.60 for 2025, equal to 30% of distributable net income when combined with the interim payout. The per-share equivalent is very small, at US$0.0000661689498.
This decision indicates a balance between returning some cash to shareholders and retaining most 2025 earnings inside the company. The dividend will be paid in Chilean pesos on May 14, 2026, based on the observed exchange rate from May 8, 2026, so the local-currency amount each investor receives will depend on that rate.
Key Figures
Total 2025 dividends: US$37,995,268.60
Dividend per share: US$0.0000661689498 per share
Shares entitled: 574,215,983,709 shares
+3 more
6 metrics
Total 2025 dividends
US$37,995,268.60
Total amount distributed for fiscal year 2025 dividends
Dividend per share
US$0.0000661689498 per share
Equivalent amount per share for Dividend No. 55
Shares entitled
574,215,983,709 shares
Number of shares with rights to Dividend No. 55
Payout ratio 2025
30% of distributable net income
Total dividends (interim and final) for fiscal year 2025
Dividend payment start date
May 14, 2026
Start date for cash payment of Dividend No. 55
Record date
May 8, 2026
Shareholders registered at midnight are entitled to the dividend
Key Terms
Minimum Mandatory Dividend, Ordinary Shareholders' Meeting, observed exchange rate, Securities Registry, +1 more
5 terms
Minimum Mandatory Dividend financial
"the distribution of Dividend No. 55, Final, Minimum Mandatory Dividend, was approved"
observed exchange rate financial
"according to the “observed” exchange rate published in the Official Gazette"
Securities Registry regulatory
"Issuer of securities registered in the Securities Registry"
open company regulatory
"The reporting company is open."
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________________________________
FORM 6-K
_________________________________________________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
April 2026
Commission File Number 1-14728
_________________________________________________________________
LATAM Airlines Group S.A.
(Translation of Registrant’s Name Into English)
_________________________________________________________________
Presidente Riesco 5711, 20th floor
Las Condes
Santiago, Chile
(Address of principal executive offices)
_________________________________________________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o
LATAM AIRLINES GROUP S.A.
The following exhibit is attached:
| EXHIBIT NO. | DESCRIPTION | |||||||
| 99.1 | Material Fact | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: April 23, 2026 | LATAM AIRLINES GROUP S.A. | |||||||
| By: | /s/ Ricardo Bottas Dourado | |||||||
| Name: | Ricardo Bottas Dourado | |||||||
| Title: | Chief Financial Officer | |||||||
MATERIAL FACT
LATAM AIRLINES GROUP S.A.
Issuer of securities registered in the Securities Registry
Santiago, April 23, 2026
Mrs.
Catherine Tornel
President
Commission for the Financial Market
Av. Libertador Bernardo O´Higgins 1449
Present
Ref.: Dividend
____________________________________________
To Whom It May Concern:
In accordance with the provisions of Circular No. 660, dated October 22, 1986, issued by your Commission, and duly authorized, I hereby inform your Commission that at the Ordinary Shareholders' Meeting of LATAM Airlines Group S.A. held today, the distribution of Dividend No. 55, Final, Minimum Mandatory Dividend, was approved, for the total amount equivalent in Chilean pesos of US$37,995,268.60, which represents a dividend equivalent in Chilean pesos of US$0.0000661689498 per share, which, together with Dividend No. 54, Interim, paid on December 23, 2025, corresponds to a total distribution of 30% of the distributable net income for fiscal year 2025. This Dividend No. 55 will be paid as from May 14, 2026, in its equivalent amount in Chilean pesos, according to the “observed” exchange rate published in the Official Gazette on the fifth business day prior to the payment date, that is, on May 8, 2026. Shareholders registered in the Shareholders Registry of the Company at midnight on May 8, 2026, will be entitled to receive the dividend.
The notice referred to in Section II of the aforementioned Circular 660 will be published on April 29, 2026, in the newspaper “La Tercera” of Santiago. Attached is Form No. 1 established by the same Circular No. 660, duly completed and signed.
Yours sincerely,
Ricardo Bottas Dourado Dos Santos
Chief Financial Officer
LATAM Airlines Group S.A.
c.c.: - Santiago Stock Exchange
- Chile Electronic Stock Exchange
FORM Nº 1
DIVIDENDS DISTRIBUTION
1. Company identification and movement: | |||||
1.01 Tax. No.: | 89.862.200-2 | ||||
1.02 Original form date: | 04/23/2026 | ||||
1.03 Company name: | LATAM Airlines Group S.A. | ||||
1.04 No. in Securities Registry: | N/A | ||||
1.05 Series: | Single | ||||
1.06 Local exchange ticker: | LTM | ||||
1.07 Individualization of movement: | 55 | ||||
2. Dividend agreement and amount: | |||||
2.01 Agreement date: | 04/23/2026 | ||||
2.02 Agreement settlement: | 1 | ||||
2.03 Dividend amount: | 37,995,268.60 | ||||
2.04 Currency type: | US | ||||
3. Shares and shareholders with rights: | |||||
3.01 Number of shares: | 574,215,983,709 | ||||
3.02 Closing date: | 05/08/2026 | ||||
4. Characteristics of the dividend: | |||||
4.01 Dividend type: | 2 | ||||
4.02 Year ended: | 12/31/2025 | ||||
4.03 Payment type: | 1 | ||||
5. Payment of the dividend in cash: | |||||
5.01 Payment in cash: | 0.0000661689498 | ||||
5.02 Currency type: | US | ||||
5.03 Payment date: | 05/14/2026 | ||||
6. Distribution of optional dividend in shares: | |||||
7. Observations: | |||||
7.01 The exchange rate to be used will be the Observed Dollar published in the “Diario Oficial” on May 8, 2026. | |||||
7.02 The dividend will be paid through Banco de Crédito e Inversiones, at any of its branches nationwide, Monday through Friday, from 9:00 a.m. to 2:00 p.m., for a period of 90 days, starting on May 14, 2026, by means of a nominative bank demand draft. Shareholders who request so in writing will have their dividends deposited into the bank account of the shareholder. These shareholders will be sent the respective bank deposit receipt. Any request or change that a shareholder wishes to make regarding the payment method as indicated must be communicated by May 8, 2026. After the aforementioned 90-day period has elapsed, the funds will be transferred to the custody of DCV Registros S.A. until they are withdrawn by the shareholders by personal check. | |||||
Shareholders may be represented by attorneys-in-fact by means of a power of attorney signed before a notary.
For any questions, shareholders can call +562 2393-9003 or write to atencionaccionistas@dcv.cl.
7.03 The publication of this dividend distribution will be made in the Santiago newspaper “La Tercera” on April 29, 2026.
7.04 The reporting company is open.
7.05 The dividend is paid against the profits for the financial year 2025.
7.06 The Ordinary Shareholders' Meeting of the reporting company agreed to distribute as a dividend 30% of the profits for the 2025 fiscal year, equivalent to a total amount of US$37,995,268.60.
7.07 The tax effects of the dividend payment will be reported to shareholders in a timely manner.
The information contained in this form is a faithful expression of the truth, for which I assume the corresponding legal responsibility.
Ricardo Bottas Dourado Dos Santos
Chief Financial Officer
LATAM Airlines Group S.A.
c.c.:
Santiago Stock Exchange
Santiago Chile Electronic Stock Exchange
FAQ
What dividend did LATAM Airlines Group (LTM) approve for fiscal year 2025?
LATAM Airlines approved Dividend No. 55, a final minimum mandatory dividend totaling the equivalent of US$37,995,268.60. Together with interim Dividend No. 54, this equals 30% of the company’s distributable net income for the 2025 fiscal year.
When will LATAM Airlines Group (LTM) pay Dividend No. 55?
Dividend No. 55 will be paid starting on May 14, 2026. Payment will be made in Chilean pesos using the observed U.S. dollar exchange rate published on May 8, 2026 in the Official Gazette, as described in the company’s notice.
What is the record date for LATAM Airlines Group’s 2025 final dividend?
Shareholders of LATAM Airlines Group registered in the company’s Shareholders Registry at midnight on May 8, 2026 are entitled to receive Dividend No. 55. Holdings as of that record date determine which investors qualify for the dividend payment.
How will LATAM Airlines Group (LTM) pay the 2025 dividend in practice?
The dividend will be paid in cash in Chilean pesos through Banco de Crédito e Inversiones, via nominative bank demand drafts or bank deposits. Payments run for 90 days from May 14, 2026, after which unclaimed funds move to DCV Registros S.A.
What percentage of 2025 profits is LATAM Airlines Group distributing as dividends?
The Ordinary Shareholders’ Meeting agreed to distribute 30% of profits for the 2025 fiscal year as dividends. This percentage includes both interim Dividend No. 54 and final Dividend No. 55, totaling the equivalent of US$37,995,268.60.