8 August 2014
The board of directors of Alaska Air Group (NYSE: ALK) said it has approved a quarterly cash dividend of USD0.125 per share to all shareholders of record as of Aug. 19, 2014.
The dividend will be paid on Sept. 4.
Air Group began paying a quarterly dividend of USD0.10 per share in August 2013, the first time since 1992 that the company had paid a dividend. The cash dividend was increased to USD0.125 per share in February 2014. The dividends are financed from operating cash flow and existing cash on hand.
Alaska Airlines, a subsidiary of Alaska Air Group, together with its partner regional airlines, serve 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. For more news and information, www.alaskaair.com/newsroom or http://www.alaskaair.com.