This company discontinued its dividend after 2020.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2020. The company has not paid dividends in the last 5 years.
Does Alaska Air Group (ALK) pay a dividend?
Alaska Air Group (ALK) stopped paying a dividend after 2020 and pays nothing today. It returns cash through buybacks instead, at roughly a 6.4% buyback yield over the last twelve months. The business does generate free cash flow of $731 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Alaska Air Group (ALK) pay a dividend?+
No. Alaska Air Group (ALK) does not currently pay a dividend. The last payment in our data was in 2020, and nothing has been paid since.
How does Alaska Air Group return cash to shareholders?+
Through share buybacks rather than dividends. Over the last twelve months Alaska Air Group reduced its share count at a rate equivalent to a 6.4% buyback yield. A buyback returns value by shrinking the share count, so each remaining share owns more of the business, but unlike a dividend it pays you nothing in cash and can be stopped at any time without an announcement.
Could Alaska Air Group afford to pay a dividend?+
On the numbers, yes. Alaska Air Group generated $731 million of free cash flow, which is about $6.58 per share. If it paid out half of that, the dividend would be roughly $3.29 per share, a yield of about 8.2% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which industrials companies do pay dividends?+
Our Industrials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Alaska Air Group.
SourceDividend analysis computed from the 10-Q filed 31 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Peers
Air Transportation, Scheduled · Pick stocks to compare with ALK
Held by ETFs
ALK is in 99 US ETFs. The largest of them, with ALK's weight in each:
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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