Alaska Air Group reports fourth quarter 2019 and full-year results; raises dividend 7%

Alaska Air Group has reported net income of $181 million, or $1.46 per diluted share for the fourth quarter, compared to fourth quarter 2018 net income of $23 million, or $0.19 per diluted share. For the full year 2019, net income was $769 million, or $6.19 per diluted share, up from $437 million, or $3.52 per diluted share in 2018. Alaska paid a $0.35 per share quarterly cash dividend in the fourth quarter, bringing total dividends paid in 2019 to $173 million. The airline group also repurchased a total of 1,192,820 shares of common stock for approximately $75 million in