Southwest Airlines (LUV) Dividend Yield, Date & History $41.74 -0.01 (-0.02%) Closing price 10/23/2026 03:59 PM EasternExtended Trading$41.67 -0.07 (-0.17%) As of 10/23/2026 07:50 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest Southwest Airlines Dividend SummaryDividend Yield1.72%Annual Dividend$0.72Recent Dividend Payment Sep. 24 Annualized 5-Year Dividend Growth 31.95%Dividend Payout Ratio 34.62% Southwest Airlines (LUV) pays quarterly dividends, with an annual dividend of $0.72 per share and a dividend yield of 1.72%. Investors who owned the stock before the ex-dividend date of Thursday, September 3, 2026 received the most recent quarterly payment of $0.18 per share, paid on Thursday, September 24, 2026. The company currently pays out 34.62% of its earnings and 17.97% of its cash flow as dividends. Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Sign Up View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. Skip Charts & View Dividend HistoryLUV Dividend Payments by QuarterDividend Payments by Quarter Chart DescriptionThe chart below displays up to four years of Southwest Airlines' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.Open Southwest Airlines in Dividend Calculator LUV Dividend Yield Over TimeDividend Yield Over Time Chart DescriptionThe chart below tracks Southwest Airlines' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.Open Southwest Airlines in Dividend Yield Calculator Southwest Airlines vs. The CompetitionCompare Southwest Airlines' annual dividend and yield with averages for Industrials and NYSE companies to evaluate its performance against the market.TypeSouthwest AirlinesIndustrials CompaniesNYSE CompaniesAnnual Dividend$0.72$0.07$1.73Dividend Yield1.72%96.63%3.67%Southwest Airlines Dividend Payout RatioDividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.TypePayout RatioBased on Trailing 12 Months of Earnings34.62%Based on This Year's Estimate26.77%Based on Next Year's Estimate14.85%Based on Cashflow17.97% Southwest Airlines Dividend History by Quarter 10/26/2024 - 10/26/2026 Dividend Date Dividend Date From Dividend Date To 3M6MYTD1Y2Y3Y5Y10YALL More filters Fewer filters Done 0 Results Export AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date7/30/2026quarterly$0.18 - 1.86%9/3/20269/3/20269/24/20265/7/2026quarterly$0.18 - 1.63%6/11/20266/11/20267/2/20262/5/2026quarterly$0.18 - 1.86%3/12/20263/12/20264/2/202611/20/2025quarterly$0.18 - 1.74%12/26/202512/26/20251/16/20267/31/2025quarterly$0.18 - 2.23%9/3/20259/3/20259/24/2025 Get the Latest News and Ratings for LUV and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Southwest Airlines and its competitors with MarketBeat's FREE daily newsletter. 5/13/2025quarterly$0.18 - 2.3%6/18/20256/18/20257/9/20252/5/2025quarterly$0.18 - 2.32%3/12/20253/12/20254/2/202511/21/2024quarterly$0.18 - 2.26%12/26/202412/26/20241/16/2025This table shows Southwest Airlines' quarterly dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time. Southwest Airlines Dividend - Frequently Asked Questions What is Southwest Airlines' dividend yield? The current dividend yield for Southwest Airlines is 1.72%. Learn more on LUV's dividend yield history. How much is Southwest Airlines' annual dividend? The annual dividend for LUV shares is $0.72. Learn more on LUV's annual dividend history. How often does Southwest Airlines pay dividends? Southwest Airlines pays quarterly dividends to shareholders. When was Southwest Airlines' most recent dividend payment? Southwest Airlines' most recent quarterly dividend payment of $0.18 per share was made to shareholders on Thursday, September 24, 2026. When was Southwest Airlines' most recent ex-dividend date? Southwest Airlines' most recent ex-dividend date was Thursday, September 3, 2026. Is Southwest Airlines' dividend growing? Over the past five years, the company's dividend has grown by an average of 31.95% per year. When did Southwest Airlines last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.02 on Thursday, May 16, 2019. What is Southwest Airlines' dividend payout ratio? The dividend payout ratio for LUV is: 34.62% based on the trailing year of earnings 26.77% based on this year's estimates 14.85% based on next year's estimates 17.97% based on cash flow Is Southwest Airlines a good dividend stock? Southwest Airlines' dividend yield of 1.72% is lower than the average Industrials company that issues a dividend. Southwest Airlines' dividend payout ratio of 34.62% is at a healthy, sustainable level, below 75% of its earnings. Looking at the stock as a whole, market analysts rate Southwest Airlines stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time. 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