Alaska Air Group (ALK) Tops Q4 EPS by 5c

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Go back to Alaska Air Group (ALK) Tops Q4 EPS by 5c

Alaska Air Group reports fourth quarter 2019 and full-year results; raises dividend 7%

January 28, 2020 4:01 PM EST

SEATTLE, Jan. 28, 2020 /PRNewswire/ --

Dividend Increase:

Announced today a 7% increase in the quarterly dividend, from $0.35 per share to $0.375 per share. This is the seventh time the company has raised the dividend since initiating the quarterly dividend in July 2013, with a cumulative increase of 275% since that time. The dividend will be paid on March 5, 2020, to all shareholders of record as of Feb. 18, 2020. Dividends are financed from operating cash flow and cash on hand.

Financial Highlights:

Reported net income for the fourth quarter and full year 2019 under Generally... More