, Columnist
Ryanair Is Making Too Much Money
A strong balance sheet and high fares provide room for the budget carrier to return more cash to shareholders
This article is for subscribers only.
Ryanair Holdings Plc has returned heaps of cash to shareholders via share buybacks and one-time distributions over the past decade but hasn’t, until now, paid a regular dividend.
Monday’s announcement of a €400 million ($430 million) maiden payout and a plan to return 25% of after-tax earnings thereafter signal this once-scrappy growth stock is all grown-up now and making more money than it knows what to do with.