Spirit Airlines (SAVE) Dividends & Splits

Spirit Airlines Inc, trading under the ticker symbol SAVE, does not currently pay dividends to its shareholders. The company's focus is primarily on reinvesting its profits back into the business to fuel growth and expansion. As a low-cost carrier, Spirit Airlines operates on a model that prioritizes offering affordable air travel options to its customers. This approach enables the company to keep costs low and pass on the savings to passengers. While dividends can be a valuable way for companies to distribute profits to shareholders, Spirit Airlines has chosen to allocate its resources towards areas such as fleet expansion and improving operational efficiency instead.

In terms of stock splits, Spirit Airlines has not announced any splits in recent years. A stock split is a corporate action that increases the number of outstanding shares while proportionally reducing the price per share. Stock splits are often undertaken by companies to make their shares more affordable and increase liquidity. However, Spirit Airlines has not seen the need to pursue a stock split as its share price remains within a range that is accessible to a wide range of investors.