Alaska Air Group Declares Quarterly Dividend

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Nov 06, 2014, 08:00 ET

SEATTLE, Nov. 6, 2014 /PRNewswire/ -- The board of directors of Alaska Air Group (NYSE: ALK) has declared a regular quarterly cash dividend of 12.5 cents per share. The dividend will be paid on Dec. 3 to all shareholders of record as of Nov. 18, 2014

Air Group initiated a quarterly dividend in August 2013. The dividend was increased by 25 percent to 12.5 cents per share in 2014. Dividends are financed from operating cash flow and cash on hand.

Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Carriers" in the J.D. Power North American Airline Satisfaction Study for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan also ranked highest in the J.D. Power 2014 Airline Loyalty/Rewards Program Satisfaction Report. For reservations, visit www.alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom or the Investor site at www.alaskaair.com/investors.

SOURCE Alaska Air Group