21.01.2016 14:15:46

Alaska Air Group Hikes Quarterly Dividend By 38% - Quick Facts

(RTTNews) - While reporting its financial results for the fourth quarter today, Alaska Air Group Inc. (ALK) announced a 38% increase in the quarterly dividend.

The company raised the quarterly dividend from $0.20 per share to $0.275 per share. This is the third time the company has raised the dividend since initiating the quarterly dividend in July 2013, with a cumulative increase of 175% since that time.

The company paid a quarterly cash dividend of $0.20 per share in the fourth quarter, bringing total dividend payments in 2015 to $102 million.

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Alaska Air Group Inc. 67,40 -5,87% Alaska Air Group Inc.