Quarterly Dividend 08.18.2014
1. Why is the company paying this dividend?
A: As part of American Airlines Group’s capital deployment program, we shared that the Board initiated a quarterly cash dividend beginning in August. A dividend of 10 cents per share will be paid on Aug. 18, 2014 (payout day), to shareholders of record as of market close on Aug. 4, 2014.
2. Q: If I am eligible for the dividend being paid on Aug. 18, 2014, am I eligible for any future payments?
A: Not necessarily. Should the Board approve additional payments, shareholder record date guidelines for any future dividend payments will be shared.
3. Q: How do I know if I am eligible for the dividend payment?
A: AAL shareholders of record as of market close on Aug. 4, 2014, are eligible for this dividend payment.
4. Q: I sold all of my shares before close of market on Aug. 4, 2014. Am I eligible for the payment?
A: No. Only AAL shareholders of record as of market close on Aug. 4, 2014, are eligible for the payment.
5. Q: I transferred my AAL shares from Computershare to my personal broker and remained a shareholder of record as of market close Aug. 4, 2014. Am I eligible for this quarterly payment?
A: Yes, you are eligible for this dividend payment on Aug. 18. However, you will need to contact your broker to determine how you will receive the payment. Should the Board approve additional payments, shareholder record date guidelines for any future dividend payments will be communicated.
6. Q: Is the dividend payment considered taxable?
A: Yes. For tax reporting purposes, the dividend payment will be reported to you on a Form 1099-DIV.
7. Q: If my shares are held at Computershare, what are my options for receiving the dividend payment?
A: If you previously entered direct deposit information, the cash dividend will be deposited into your bank account. And, if no banking information is in the system, the payment will be mailed as a check to the address on file in your Computershare account.
8. Q: I am a legacy US Airways employee and I hold AAL shares in my Merrill Lynch account as of market close on Aug. 4, 2014, am I eligible for the dividend payment?
A: Yes. You will receive the dividend payment from Merrill Lynch. The cash dividend will be deposited into your account with the option of being withdrawn as a check or a wire to your bank account.
9. Q: I’m an AFA-represented flight attendant and my Day 120 equity distribution was deferred to my American Eagle (now Envoy) 401(k) plan account. Am I eligible for the dividend payment?
A: If you kept your AAL stock in your 401(k) account’s stock fund and did not transfer it to other investments before close of market on Aug. 4, 2014, you are eligible for the dividend payment.
J.P. Morgan will administer the payment as a dividend reinvestment, meaning J.P. Morgan will reinvest the payment in AAL stock. The dividend will be viewable in your account under “Account History” on the left side of your J.P. Morgan account page, and will be titled “Emer Eq Award.” Because the dividends will be reinvested in AAL stock held in your 401(k) account, there will be no income tax associated with the dividend payment until you withdraw from your 401(k) account whatever proceeds ultimately result from the payment.
Please note that the dividend reinvestment in your 401(k) is in addition to cash dividends on any shares you may hold with Computershare. If you held shares with Computershare as of market close on Aug. 4, 2014, you will also receive a dividend payout from Computershare.
