Alaska Air Group, Inc. (ALK)
Alaska Air Group, Inc. (ALK) is a major North American airline holding company, primarily through its subsidiary Alaska Airlines. Founded in 1932, Alaska Airlines is known for its extensive network connecting the U.S. West Coast with other domestic and international destinations. The company emphasizes customer service, innovative practices, and sustainability initiatives within the airline industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 5, 2020 | $0.38 | 2020-02-14 | 2020-02-18 |
| December 5, 2019 | $0.35 | 2019-11-18 | 2019-11-19 |
| September 5, 2019 | $0.35 | 2019-08-19 | 2019-08-20 |
| June 6, 2019 | $0.35 | 2019-05-20 | 2019-05-21 |
| March 7, 2019 | $0.35 | 2019-02-15 | 2019-02-19 |
Dividends Summary
- Alaska Air Group, Inc. has issued 28 dividend payments over the past 7 years
- The most recent dividend was paid 2025 days ago, on March 5, 2020
- The highest dividend payed out to investors during this period was $0.375 per share
- The average dividend paid during this period was $0.27 per share.
Company News
The UK Competition and Markets Authority has cleared Boeing's $4.7 billion acquisition of Spirit AeroSystems. The deal proceeds despite ongoing challenges for Boeing, including worker strikes and a lawsuit from Alaska Airlines.
Alaska Air Group's stock fell as much as 13.7% this week as other airlines reduced their first-quarter guidance due to macroeconomic factors. Wall Street is worried about a slowdown in consumer spending that could affect airlines' earnings power. The article suggests that Alaska Air Group is a well-run airline to bet on, despite the challenges facing the airline industry.
ALK, a pharmaceutical company, reported strong Q3 results with 18% organic revenue growth and a 23% operating profit margin. The growth was driven by continued momentum in tablet sales and a recovery in Jext® sales. The company's full-year outlook remains unchanged.
Airline stocks are expected to perform well in the second half of 2024 due to factors like strong travel demand, reduced capacity, and lower fuel costs. The industry is also making strategic investments for long-term success.
The article discusses the SPDR S&P 600 Small Cap Value ETF (SLYV), which provides exposure to the small-cap value segment of the US equity market. It highlights the fund's low expense ratio, sector exposure, and performance, and compares it to similar ETFs like Avantis U.S. Small Cap Value ETF (AVUV) and Vanguard Small-Cap Value ETF (VBR).
