Allegiant Travel Company
ALGTAllegiant Travel Company (ALGT) is a travel and leisure company primarily engaged in operating low-cost, point-to-point airline services in the United States. Founded in 1997, the company offers scheduled flights, along with ancillary travel-related services such as hotel and car rental bookings, aiming to provide affordable travel options to leisure travelers. Its business model focuses on serving secondary airports and maintaining a lean operational approach to keep costs low.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 3, 2024 | $0.60 | 2024-05-14 | 2024-05-15 |
| March 1, 2024 | $0.60 | 2024-02-14 | 2024-02-15 |
| December 1, 2023 | $0.60 | 2023-11-14 | 2023-11-15 |
| September 1, 2023 | $0.60 | 2023-08-14 | 2023-08-15 |
| March 12, 2020 | $0.70 | 2020-02-28 | 2020-03-02 |
Dividends Summary
- Consistent Payer: Allegiant Travel Company has rewarded shareholders with 30 dividend payments over the past 14 years.
- Total Returned Value: Investors who held ALGT shares during this period received a total of $24.15 per share in dividend income.
- Latest Payout: The most recent dividend of $0.60/share was paid 775 days ago, on June 3, 2024.
- Yield & Schedule: ALGT currently pays dividends quarterly with an annual yield of 2.38%.
- Dividend Growth: Since 2010, the dividend payout has decreased by 20.0%, from $0.75 to $0.60.
Company News
GoPro has retained financial advisers to explore a potential sale following unsolicited inquiries. Brookfield Asset Management acquired World Freight Company for $1.2 billion. Multiple companies announced strategic reviews including Neuphoria Therapeutics and XBP Global Holdings. YesCare Corp. and Spanish Broadcasting System filed for Chapter 11 ...
Alignment Healthcare Inc. (ALHC) will be added to the S&P SmallCap 600 index effective May 14, 2026, replacing Sun Country Airlines Holdings (SNCY). The replacement follows Allegiant Travel Co.'s acquisition of Sun Country Airlines, which is expected to close soon.
Halper Sadeh LLC, an investor rights law firm, is investigating potential securities law violations and fiduciary duty breaches related to Ventyx Biosciences' $14.00 per share sale to Eli Lilly and Sun Country Airlines' acquisition by Allegiant Travel Company for 0.1557 shares plus $4.10 cash per share. The firm seeks increased consideration for ...
Monteverde & Associates PC is investigating four merger transactions: Allegiant Travel Company's merger with Sun Country Airlines Holdings, and Calavo Growers' merger with Mission Produce. The firm is examining whether shareholders are receiving fair value in these proposed deals.
Allegiant Travel announced an acquisition of Sun Country Airlines for approximately $1.5 billion, or $18.89 per share in cash and stock, representing a nearly 20% premium. The merger is expected to create a more diversified and efficient airline with $140 million in potential annual cost synergies by year three, with the deal projected to close i...
