American Airlines Group ticker dps (an.) 2024 hike 2023 hike 2022 hike
AAL N/A N/A N/A N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
N/A N/A N/A N/A N/A N/A
American Airlines Group suspends dividend

American Airlines Group Inc (AAL) will suspend its quarterly dividend in 2020 because of the COVID-19 pandemic. The company had reinstated a 10 cent quarterly dividend in 2014 and did never hike its payment  since. The declared dividend is $0.10 per quarter.

On April 30, 2020 American Airlines reported first quarter 2020 financial results. In its press release the company also announced the suspension of its capital return program including share repurchases and the dividend suspension to bolster liquidity.

American Airlines Group Inc. is a network air carrier, providing scheduled air transportation for passengers and cargo. The company operates through American segment, which provides air transportation for passengers and cargo. The company's cargo division provides a range of freight and mail services with facilities and interline connections available across the globe. The company provides service throughout North America, the Caribbean, Latin America, Europe, and the Pacific. Previously American Airlines had also paid a dividend since 1980. The quarterly dividend was reinstated in 2014 prior to being suspended in 2020 because of the COVID-19 pandemic.