Southwest Airlines (LUV) Dividend Yield, Date & History

$29.73
+0.35 (+1.19%)
(As of 04/22/2024 ET)

Dividend Summary

Dividend Yield
2.42%
Annual Dividend
$0.72
Annualized 3-Year
Dividend Growth
25.99%
Dividend Payout Ratio
96.00%
Recent
Dividend Payment
Mar. 27
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Southwest Airlines vs. The Competition

TypeSouthwest AirlinesTransportation CompaniesNYSE Companies
Annual Dividend$0.72$1.52$1.51
Dividend Yield2.42%393.49%358.63%
Annualized 3-Year Dividend Growth25.99%2,411.12%1,317.49%

Southwest Airlines Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings96.00%
Based on This Year's Estimates48.32%
Based on Next Year's Estimates30.77%
Based on Cashflow16.90%

Southwest Airlines Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/31/2024quarterly$0.182.4%3/5/20243/6/20243/27/2024
11/16/2023quarterly$0.182.96%12/20/202312/21/20231/11/2024
8/2/2023quarterly$0.182.16%9/5/20239/6/20239/27/2023
5/17/2023quarterly$0.182.48%6/20/20236/21/20237/12/2023
2/1/2023quarterly$0.182.03%3/7/20233/8/20233/29/2023
12/6/2022Quarterly$0.181.9%1/9/20231/10/20231/31/2023
1/29/2020quarterly$0.181.25%3/3/20203/4/20203/25/2020
11/20/2019quarterly$0.181.27%12/10/201912/11/20191/8/2020
7/31/2019quarterly$0.181.4%8/20/20198/21/20199/11/2019
5/16/2019quarterly$0.181.37%6/4/20196/5/20196/26/2019
1/30/2019quarterly$0.161.11%3/5/20193/6/20193/27/2019
11/14/2018quarterly$0.161.21%12/4/201812/5/20181/2/2019
8/1/2018quarterly$0.161.13%8/21/20188/22/20189/12/2018
5/17/2018quarterly$0.161.22%6/5/20186/6/20186/27/2018
1/31/2018quarterly$0.12500.87%3/6/20183/7/20183/28/2018
11/16/2017quarterly$0.12500.91%12/6/201712/7/20171/4/2018
8/3/2017quarterly$0.12500.91%8/22/20178/24/20179/14/2017
5/18/2017quarterly$0.12500.87%6/5/20176/7/20176/28/2017
2/2/2017quarterly$0.100.76%3/7/20173/9/20173/30/2017
11/17/2016quarterly$0.100.85%12/6/201612/8/20161/5/2017
7/28/2016quarterly$0.101.08%8/16/20168/18/20169/8/2016
5/19/2016quarterly$0.100.95%6/6/20166/8/20166/29/2016
1/29/2016quarterly$0.07500.8%3/1/20163/3/20163/24/2016
1/28/2016quarterly$0.07502/3/20162/24/2016
11/20/2015quarterly$0.07500.63%12/8/201512/10/20151/7/2016
7/30/2015quarterly$0.07500.83%8/18/20158/20/20159/10/2015
5/14/2015quarterly$0.07500.71%6/1/20156/3/20156/24/2015
1/30/2015quarterly$0.060.53%3/3/20153/5/20153/26/2015
11/20/2014quarterly$0.060.63%12/9/201412/11/20141/2/2015
7/30/2014quarterly$0.060.85%8/19/20148/21/20149/12/2014
5/15/2014quarterly$0.060.97%6/2/20146/4/20146/25/2014
1/30/2014quarterly$0.040.76%3/4/20143/6/20143/27/2014
11/21/2013quarterly$0.040.86%12/10/201312/12/20131/2/2014
7/17/2013quarterly$0.041.16%8/6/20138/8/20138/29/2013
5/16/2013quarterly$0.041.13%6/3/20136/5/20136/26/2013
1/31/2013quarterly$0.010.36%3/5/20133/7/20133/28/2013
(Data available from 1/1/2013 forward)

Southwest Airlines Dividend - Frequently Asked Questions

What is Southwest Airlines's dividend yield?

The current dividend yield for Southwest Airlines is 2.42%. Learn more on LUV's dividend yield history.

How much is Southwest Airlines's 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's most recent dividend payment?

Southwest Airlines's most recent quarterly dividend payment of $0.18 per share was made to shareholders on Wednesday, March 27, 2024.

When was Southwest Airlines's most recent ex-dividend date?

Southwest Airlines's most recent ex-dividend date was Tuesday, March 5, 2024.

Is Southwest Airlines's dividend growing?

Over the past three years, the company's dividend has grown by an average of 25.99% 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's dividend payout ratio?
The dividend payout ratio for LUV is:
  • 96.00% based on the trailing year of earnings
  • 48.32% based on this year's estimates
  • 30.77% based on next year's estimates
  • 16.90% based on cash flow
This page (NYSE:LUV) was last updated on 4/23/2024 by MarketBeat.com Staff

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