Alaska Air increases quarterly cash dividend 25% to eAlaska Air has approved a quarterly cash dividend of 25c per share to all shareholders of record as of Feb. 25. The dividendówhich is 5 cents per shar, or 25% higher than the previous quarterly dividendówill be paid on March 11.
Alaska Air downgraded to Underweight from Neutral at JPMorgan JPMorgan downgraded Alaska Air to Underweight saying competition in the company's markets is likely to increase and that it sees greater upside potential in peers. The firm lowered its price target for shares to $51 from $53.50.
Alaska Air downgraded at Buckingham As previously reported, Buckingham downgraded Alaska Air (ALK) to Neutral from Buy. The analyst sees increased risk next year to Delta's (DAL) new focus on domestic capacity in Seattle.