SkyWest Declares 72nd Consecutive Quarterly Dividend
Passenger airline operator SkyWestannounced today its third-quarter dividend of $0.04 per share, the same rate it's paid since 2008.
The board of directors said the quarterly dividend is payable on July 5 to the holders of record at the close of business on June 28. The payout by the airline operator, which owns SkyWest Airlines and ExpressJet Airlines, will be its 72nd consecutive quarterly dividend payment.
SkyWest Airlines operates as United Express, Delta Connection, and American Eagle under contractual agreements with United Continental's United Airlines, Delta Airlines, and AMR's American Airlines. It also has contractual agreements with US Airways and Alaska Air.
The regular dividend payment equates to a $0.16-per-share annual dividend, yielding 1.1% based on the closing price of SkyWest's stock on June 14.
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