LATAM Airlines Group (LTM) board backs 2025 Dividend No. 55 payout plan
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
LATAM Airlines Group S.A. reports that its board will propose a final Dividend No. 55 for fiscal year 2025 to the Ordinary Shareholders’ Meeting on April 23, 2026. The proposed definitive minimum mandatory dividend totals the equivalent in Chilean pesos of US$37,995,268.60.
The dividend equals an amount in Chilean pesos equivalent to US$0.0000661689498 per share and, together with provisional Dividend No. 54 paid on December 23, 2025, represents 30% of distributable net income for 2025. If approved, the dividend will be paid from May 14, 2026 to shareholders of record at midnight on May 8, 2026, using the observed exchange rate published on May 8, 2026.
Positive
- None.
Negative
- None.
Key Figures
Total proposed dividend: US$37,995,268.60 equivalent in CLP
Dividend per share: US$0.0000661689498 equivalent per share
Payout ratio: 30% of distributable net income
+3 more
6 metrics
Total proposed dividend
US$37,995,268.60 equivalent in CLP
Dividend No. 55 for fiscal year 2025
Dividend per share
US$0.0000661689498 equivalent per share
Dividend No. 55, paid in Chilean pesos
Payout ratio
30% of distributable net income
Combined Dividends No. 54 and 55 for 2025
Payment start date
May 14, 2026
Dividend No. 55 payment date if approved
Record date
Midnight on May 8, 2026
Shareholders entitled to Dividend No. 55
Provisional dividend payment
December 23, 2025
Dividend No. 54 for fiscal year 2025
Key Terms
Material Fact, Ordinary Shareholders’ Meeting, minimum mandatory, distributable net income, +1 more
5 terms
Material Fact regulatory
"I hereby inform you of the following Material Fact regarding LATAM Airlines Group S.A."
minimum mandatory financial
"distribution of Dividend No. 55, definitive, minimum mandatory"
distributable net income financial
"represents a total distribution of 30% of the distributable net income of Fiscal Year 2025"
observed exchange rate financial
"equivalent at the “observed” exchange rate published in the Official Gazette"
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 7, 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 7, 2026
Mrs.
Catherine Tornel
President
Commission for the Financial Market
Av. Libertador Bernardo O´Higgins 1449
Present
Ref.: Dividend Proposal for the Ordinary Shareholders’ Meeting.
____________________________________________
Dear President:
Pursuant to Circular No. 660 of your Commission, I hereby inform you of the following Material Fact regarding LATAM Airlines Group S.A. (the “Company”):
The Board of Directors of the Company, at a meeting held on this date, agreed to propose to the Ordinary Shareholders’ Meeting convened for April 23, 2026, the distribution of Dividend No. 55, definitive, minimum mandatory, for the total equivalent amount in Chilean pesos of US$37,995,268.60, which means distributing a dividend equivalent in Chilean pesos of US$0.0000661689498 per share, which, together with Dividend No. 54, provisional, paid on December 23, 2025, represents a total distribution of 30% of the distributable net income of Fiscal Year 2025. If the proposed dividend is approved by the Meeting, it shall be paid as of May 14, 2026, in Chilean pesos equivalent at the “observed” exchange rate published in the Official Gazette on the fifth business day prior to the day of distribution, that is to say, on May 8, 2026. Shareholders registered in the Shareholder Registry as of midnight on May 8, 2026, will be entitled to receive the dividend.
Yours sincerely,
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 has LATAM Airlines Group (LTM) proposed for 2025?
LATAM Airlines Group’s board plans to propose Dividend No. 55, a definitive minimum mandatory dividend totaling the equivalent in Chilean pesos of US$37,995,268.60. This payment relates to fiscal year 2025 and is subject to approval at the Ordinary Shareholders’ Meeting on April 23, 2026.
How does Dividend No. 55 fit into LATAM Airlines Group’s 2025 profit distribution?
Dividend No. 55, together with provisional Dividend No. 54 paid on December 23, 2025, represents a total distribution of 30% of the company’s distributable net income for fiscal year 2025. This clarifies the overall payout level the board is supporting for that year’s results.
When will LATAM Airlines Group (LTM) pay the proposed Dividend No. 55?
If approved at the Ordinary Shareholders’ Meeting, Dividend No. 55 will be paid starting May 14, 2026. The payment will be made in Chilean pesos, using the observed exchange rate published in the Official Gazette on May 8, 2026 to convert the U.S. dollar reference amounts.
Who is entitled to receive LATAM Airlines Group’s proposed Dividend No. 55?
Shareholders registered in the company’s Shareholder Registry as of midnight on May 8, 2026 will be entitled to receive Dividend No. 55. The dividend is conditioned on approval by the Ordinary Shareholders’ Meeting scheduled for April 23, 2026 before payment can begin.
In what currency will LATAM Airlines Group pay Dividend No. 55?
Dividend No. 55 will be paid in Chilean pesos, even though its reference amount is expressed in U.S. dollars. The company will use the observed exchange rate published in the Official Gazette on May 8, 2026 to determine the peso amount each shareholder receives per share.