Alaska Air declares USD 0.375 per share dividend

Board of directors of Alaska Air Group has declared a USD 0.375 per share quarterly dividend, representing an increase of 7% from USD 0.35 per share in the previous quarter, the company said.

This is the seventh time the company has raised the dividend since initiating the quarterly dividend in July 2013, with a cumulative increase of 275% since that time.

The dividend will be paid on March 5, 2020, to all shareholders of record as of Feb. 18, 2020.

Alaska Airlines and its regional partners fly 47 million guests a year to more than 115 destinations with an average of 1,300 daily flights across the United States and to Mexico, Canada and Costa Rica.