Alaska Air Group (NYSE: ALK) declared a quarterly dividend of $0.275 per share, or $1.1 annualized. This is a 37.5% increase from the prior dividend of $0.20.

The dividend will be payable on March 8, 2016, to stockholders of record on February 23, 2016, with an ex-dividend date of February 19, 2016.

The annual yield on the dividend is 1.6 percent.

For a dividend history and other dividend-related data on Alaska Air Group (ALK) click here.