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Alaska Air Group declares Q4 2018 dividend of USD 0.35 per share.

M2 EQUITYBITES-January 29, 2019-Alaska Air Group declares Q4 2018 dividend of USD 0.35 per share

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Board of directors of Alaska Air Group has declared a fourth quarter 2018 dividend of USD 0.35 per share, an increase of 9% from USD 0.32 per share, the company said.

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 February 19, 2019. Dividends are financed from operating cash flow and cash on hand.

Alaska Airlines and its regional partners fly 44 million guests a year to more than 115 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada and Costa Rica.

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Publication:M2 EquityBites (EQB)
Date:Jan 29, 2019
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