This Airline Is About to Pay a Dividend for the First Time. But Will It Help the Stock Price?
Look up; there's a new dividend flying in the skies. Hawaiian Holdings (NASDAQ: HA), the parent company of Hawaiian Airlines, has initiated a shareholder distribution.
That puts it in good company within its industry. Most of the big U.S. carriers -- we're talking Southwest Airlines (NYSE: LUV), Delta (NYSE: DAL), and American Airlines Group -- also pay dividends. Unlike those carriers, though, Hawaiian's stock is down on the year. Will handing out a dividend, then, help reverse that trajectory and send Hawaiian's shares into a climb?
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Source: Fool.com
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