Alaska Air Group (ALK) Raises Quarterly Dividend 9.4% to $0.35; 2.1% Yield

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Go back to Alaska Air Group (ALK) Raises Quarterly Dividend 9.4% to $0.35; 2.1% Yield

Alaska Air Group reports Fourth Quarter 2018 and full-year results; raises dividend 9%

January 24, 2019 4:01 PM EST

SEATTLE, Jan. 24, 2019 /PRNewswire/ --

Dividend Increase:

Announced today a 9% increase in the quarterly dividend, from $0.32 per share to $0.35 per share. This is the sixth time the company has raised the dividend since initiating the quarterly dividend in July 2013, with a cumulative increase of 250% since that time. The dividend will be paid on March 7, 2019, to all shareholders of record as of Feb. 19, 2019. Dividends are financed from operating cash flow and cash on hand.

Financial Highlights:

Reported net income for the fourth quarter and full year 2018 under Generally... More