Alaska Air Group Board of Directors Approves Quarterly Cash Dividend
SEATTLE, Nov. 7, 2013 /PRNewswire/ -- The board of directors of Alaska Air Group has approved a quarterly cash dividend of 20 cents per share to all shareholders of record as of Nov. 19. The dividend will be paid on Dec. 4.
Air Group paid a quarterly dividend of 20 cents per share in August, the first time since 1992 that the company had paid a dividend. The dividends are financed from operating cash flow and existing cash on hand.
Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves nearly 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines has ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates North America Airline Satisfaction StudySM for six consecutive years from 2008 to 2013. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines Newsroom at www.alaskaair.com/newsroom.
SOURCE Alaska Air Group