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Alaska Air Group Inc. (ALK) logo

Alaska Air Group Inc.

S&P 500

ALK/Industrials · Airlines/NYSE

Dividend Yield

2.92%

$1.43 · Annual Dividend

Stock Price$53.29P/E100.5MCap5.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

45/ 100Caution

ALK's dividend shows some areas that warrant monitoring. Strengths include a 0.0% earnings payout ratio & 0.0% fcf payout ratio. Areas of concern: 1.6x interest coverage & 0.4x current ratio.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 0.0%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 0.0%Free cash flow comfortably covers the dividend.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Current Ratio: 0.4xLimited short-term liquidity to meet obligations.
  • Return on Equity: 1.9%Return on equity is below industry norms.
  • Operating Margin: -7.6%Operating margin is thin and pressures the dividend.

Payout & Coverage

Safe

Balance Sheet

Warning
0.4xDanger
178.7Caution

Profitability

Danger
-7.6%Danger
4.8%Danger

Dividend Track Record

Caution
6+ yrsCaution
NoneVery Safe
Mostly StableCaution

About Alaska Air Group Inc.

Alaska Air Group Inc. is a U.S.-based airline holding company that provides passenger and cargo air transportation services through its Alaska Airlines, Hawaiian Airlines, and Regional segments. The Alaska Airlines segment focuses on scheduled jet service across the United States and to select international leisure destinations, including parts of Mexico and Costa Rica, serving both business and leisure travelers. Hawaiian Airlines offers scheduled flights within Hawaii, between Hawaii and the U.S. mainland, and to select international markets, emphasizing passenger and cargo transport on Boeing and Airbus aircraft. The Regional segment, operated through Horizon Air and third-party carriers under capacity purchase agreements, concentrates on shorter-haul routes within the U.S. and Canada using Embraer E175 aircraft. Alaska Air Group Inc. generates revenue primarily from passenger tickets, ancillary services, and its Mileage Plan loyalty program, positioning the company as a significant player in the North American commercial aviation market. Headquartered in Seattle, Washington, and founded in 1985, it operates within the broader airlines industry of the transportation sector.

Dividend Overview

Dividend Yield

2.92%

Annual Dividend

$1.43

Frequency

Quarterly

Payout Ratio

0.00%

FCF Payout Ratio

0.00%

52-Week Range

$33.03 - $65.88

Dividend History (2016–2025)

ALK annual dividend per share and yield history

Earnings & Profitability

ALK earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

February 14, 2020

Last Payment Date

September 1, 2015

Dividend Growth

3-Year Dividend CAGR

-32.14%

5-Year Dividend CAGR

-17.81%

10-Year Dividend CAGR

N/A

3-Year Total Growth

-68.75%

5-Year Total Growth

-62.50%

10-Year Total Growth

N/A

Income Calculator

ALK Dividend Calculator

Total Investment

$5,329.00

Annual Income

$142.50

Quarterly Income

$35.63

Monthly Income

$11.88

Frequently Asked Questions

What is ALK's current dividend yield?
Alaska Air Group Inc. (ALK) currently has a dividend yield of 2.92%, based on a stock price of $53.29 and an annual dividend of $1.43.
When is ALK's next dividend payment date?
ALK's next ex-dividend date is 2020-02-14 and the next payment date is 2015-09-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does ALK pay in dividends per year?
Alaska Air Group Inc. paid $0.38 per share in annual dividends in 2020. The dividends are paid quarterly.
Has ALK been increasing its dividend?
Alaska Air Group Inc. has grown its dividend at a 5-year CAGR of -17.81%.
Is ALK's dividend safe?
Alaska Air Group Inc. has a payout ratio of 0.00%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.
How is ALK's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Alaska Air Group Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.