Alaska Air (ALK) PT Lowered to $80 at Morgan Stanley
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Alaska Air Group reports Fourth Quarter 2017 and full-year results and raises dividend 7%
January 25, 2018 8:01 AM ESTSEATTLE, Jan. 25, 2018 /PRNewswire/ --
Dividend Increase:
Announced today a 7% increase in the quarterly dividend from $0.30 per share to $0.32 per share. The dividend will be paid on March 8, to all shareholders of record as of Feb. 20, 2018. This is the fifth time the company has raised the dividend since initiating the quarterly dividend in July 2013, with a cumulative increase of 220% since that time.Financial Highlights:
Reported net income for the fourth quarter and full-year under Generally Accepted Accounting Principles ("GAAP") of $367 million, or $2.97 per diluted share, and $1.0... More