Dividend News Update: SkyWest, Inc. (NASDAQ:SKYW)

SkyWest, Inc. (NASDAQ: SKYW) has market worth of 3.01B along 53.15M outstanding shares. The stock moved -1.22% to $55.91 in recent session. The recent traded volume was 18242 shares. The stock had closed at $56.6 on the previous day.

The stock has recorded a weekly performance of 1.32% and monthly performance is 12.86%. Shares have moved -4.07% over the last quarter and changed 1.80% over the recent six months. The shares registered yearly performance at 23.58% and YTD move seen at 6.59%”

SkyWest, Inc. (NASDAQ: SKYW) today reported that its Board of Directors declared a quarterly dividend of $0.10 per share, which will be paid on January 7, 2019 to shareholders of record at the close of business on December 31, 2018.

Based in St. George, Utah, SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company with more than 17,000 employees. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying approximately 50 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines (“United”), Delta Air Lines (“Delta”), American Airlines (“American”) and Alaska Airlines. ExpressJet Airlines operates through partnerships with United, Delta and American.

In terms of profitability, SkyWest, Inc. has a gross margin of 69.80%, an operating margin of 13.90% and a net profit margin of 15.60%. Return on assets come to 8.70% and return on investment coming to 6.40% while Return on equity come to 27.50%.

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. As of December 31, 2017, it provided scheduled passenger and air freight services with approximately 2,980 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean; and had a fleet of 595 aircraft available for scheduled service. The company operates its flights as Delta Connection, United Express, American Eagle, or Alaska under code-share arrangements. It also offers regional jet service to airports; and airport customer and ground handling services for other airlines throughout its system. SkyWest, Inc. was founded in 1972 and is headquartered in St. George, Utah.

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