Current Yield
0.73%
TTM Dividend/Share
$0.38
Payment Frequency
Quarterly
Payout Ratio
0.0%
Consecutive Growth Years
0
Key takeaways
- Alaska Air Group (ALK) currently yields 0.73%, paying $0.38 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 0.0% — the share of earnings distributed as dividends.
- 3 of 8 dividend safety checks passed.
- 5-year dividend CAGR of -14.06% (growth is decelerating).
Dividend health for Alaska Air Group (ALK)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | -13.3% |
FCF payout ratio | 25.6% |
Net debt / EBITDA | 5.6x |
Interest coverage | 0.83x |
ROIC (TTM) | 3.6% |
Dividend safety score for Alaska Air Group (ALK)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
3 of 8 checks passed
Payout ratio below 75%
Payout ratio is 0.0%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $-477M — FCF does not fully cover the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 25.6%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.6x.
Dividend growth ≤ earnings growth (5Y)
Earnings are negative while dividends are still growing — unsustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
65 payments from 1983 to 2020 · Adj. Dividend is split-adjusted
| Feb 14, 2020 | Mar 5, 2020 | $0.3750 | $0.3750 |
| Nov 18, 2019 | Dec 5, 2019 | $0.3500 | $0.3500 |
| Aug 19, 2019 | Sep 5, 2019 | $0.3500 | $0.3500 |
| May 20, 2019 | Jun 6, 2019 | $0.3500 | $0.3500 |
| Feb 15, 2019 | Mar 7, 2019 | $0.3500 | $0.3500 |
| Nov 19, 2018 | Dec 6, 2018 | $0.3200 | $0.3200 |
| Aug 20, 2018 | Sep 6, 2018 | $0.3200 | $0.3200 |
| May 21, 2018 | Jun 7, 2018 | $0.3200 | $0.3200 |
| Feb 16, 2018 | Mar 8, 2018 | $0.3200 | $0.3200 |
| Nov 20, 2017 | Dec 7, 2017 | $0.3000 | $0.3000 |
| Aug 18, 2017 | Sep 7, 2017 | $0.3000 | $0.3000 |
| May 19, 2017 | Jun 8, 2017 | $0.3000 | $0.3000 |
- Feb 14, 2020$0.3750
- Nov 18, 2019$0.3500
- Aug 19, 2019$0.3500
- May 20, 2019$0.3500
- Feb 15, 2019$0.3500
- Nov 19, 2018$0.3200
- Aug 20, 2018$0.3200
- May 21, 2018$0.3200
- Feb 16, 2018$0.3200
- Nov 20, 2017$0.3000
- Aug 18, 2017$0.3000
- May 19, 2017$0.3000
Historical dividend yield for Alaska Air Group (ALK)
Dividend per share for Alaska Air Group (ALK)
CAGR (per year)1Y: -73.21%5Y: -14.06%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1983 | $0.02 | 3 |
| 1984 | $0.04 | 4 |
| 1985 | $0.04 | 4 |
| 1986 | $0.04 | 4 |
| 1987 | $0.03 | 3 |
| 1988 | $0.04 | 4 |
| 1989 | $0.05 | 4 |
| 1990 | $0.05 | 4 |
| 1991 | $0.05 | 4 |
| 1992 | $0.05 | 4 |
| 2013 | $0.20 | 2 |
| 2014 | $0.50 | 4 |
| 2015 | $0.80 | 4 |
| 2016 | $1.10 | 4 |
| 2017 | $1.20 | 4 |
| 2018 | $1.28 | 4 |
| 2019 | $1.40 | 4 |
| 2020 | $0.38 | 1 |
Dividend growth for Alaska Air Group (ALK)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 11 year-over-year increases across 37 calendar years of data (1984–2020).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2020 | $1.4000 | $0.3750 | -73.2% |
| 2019 | $1.2800 | $1.4000 | +9.4% |
| 2018 | $1.2000 | $1.2800 | +6.7% |
| 2017 | $1.1000 | $1.2000 | +9.1% |
| 2016 | $0.8000 | $1.1000 | +37.5% |
| 2015 | $0.5000 | $0.8000 | +60.0% |
| 2014 | $0.2000 | $0.5000 | +150.0% |
| 2013 | $0.0500 | $0.2000 | +300.0% |
| 1992 | $0.0500 | $0.0500 | 0.0% |
| 1991 | $0.0500 | $0.0500 | 0.0% |
| 1990 | $0.0500 | $0.0500 | 0.0% |
| 1989 | $0.0400 | $0.0500 | +25.0% |
| 1988 | $0.0300 | $0.0400 | +33.3% |
| 1987 | $0.0400 | $0.0300 | -25.0% |
| 1986 | $0.0375 | $0.0400 | +6.7% |
| 1985 | $0.0350 | $0.0375 | +7.1% |
| 1984 | — | $0.0350 | — |
- 2020$0.3750
- 2019$1.4000
- 2018$1.2800
- 2017$1.2000
- 2016$1.1000
- 2015$0.8000
- 2014$0.5000
- 2013$0.2000
- 1992$0.0500
- 1991$0.0500
- 1990$0.0500
- 1989$0.0500
- 1988$0.0400
- 1987$0.0300
- 1986$0.0400
- 1985$0.0375
- 1984$0.0350
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
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