Alaska Air Group, Inc.
ALKAlaska 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
- Consistent Payer: Alaska Air Group, Inc. has rewarded shareholders with 28 dividend payments over the past 7 years.
- Total Returned Value: Investors who held ALK shares during this period received a total of $7.51 per share in dividend income.
- Latest Payout: The most recent dividend of $0.38/share was paid 2150 days ago, on March 5, 2020.
- Yield & Schedule: ALK currently pays dividends quarterly with an annual yield of 2.92%.
- Dividend Growth: Since 2013, the dividend payout has grown by 87.5%, from $0.20 to $0.38.
- Dividend Reliability: ALK has maintained or increased its dividend for 24 consecutive payments.
Company News
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Aviation Capital Group LLC (ACG) placed a new order for 50 Boeing 737 MAX aircraft (25 737-8 and 25 737-10 jets), bringing ACG's total 737 MAX order book to 121 aircraft. This order demonstrates continued strong demand for the 737 MAX family, with lessors accounting for nearly 1,300 orders representing about one-fifth of the total backlog.
Transportation Secretary Sean Duffy praised American manufacturing following Alaska Air Group's major aircraft purchase deal with Boeing, which includes over 105 Boeing 737-10 jets and five Boeing 787 Dreamliners. Duffy highlighted the deal as a sign of confidence in Boeing and the U.S. manufacturing sector, while also touting upgrades to the nat...
Boeing secured a landmark aircraft deal with Alaska Air Group, which ordered 105 Boeing 737-10 jets and five Boeing 787 Dreamliners in its largest aircraft purchase ever. The deal aims to modernize Alaska's fleet, improve efficiency on U.S. routes, and support expansion into Europe and Asia. The companies are marking 60 years of partnership.
Bank of America Securities upgraded Allegiant Travel to Neutral and raised Alaska Air Group's price target to $70, citing positive 2026 airline outlook driven by limited capacity growth and strong premium demand. However, the firm downgraded Frontier Group to Underperform due to higher expenses and maintained an Underperform rating on JetBlue. De...
