Alaska Air Group Declares Quarterly Dividend

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May 11, 2015, 08:00 ET

SEATTLE, May 11, 2015 /PRNewswire/ -- The board of directors of Alaska Air Group (NYSE: ALK) has declared a regular quarterly cash dividend of 20 cents per share. The dividend will be paid on June 4 to all shareholders of record as of May 21, 2015. Dividends are financed from operating cash flow and cash on hand.

Air Group initiated a quarterly dividend in August 2013. The dividend was increased by 25 percent in 2014 and increased by an additional 60 percent to 20 cents per share in 2015. Alaska Air Group has the highest dividend yield in the U.S. airline industry.

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 across the United States, Canada and Mexico. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at www.alaskaair.com/newsroom.

SOURCE Alaska Air Group