Southwest Airlines's most recent dividend was on Sep 4, 2024 (ex-date) with a cash dividend payment of $0.18 per share. On an annualized basis, the company has a current payout of $0.72 per share. This brings the dividend yield to 2.3% based on its recent close price.
LUV has a dividend yield of 2.3% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.48%, Southwest Airlines's dividend yield is 55% higher.
LUV has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 14% from a year ago, the dividend yield has decreased by 13%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 4, 2024 | $0.18 | 2.44% |
Jun 18, 2024 | $0.18 | 2.53% |
Mar 5, 2024 | $0.18 | 2.09% |
Dec 20, 2023 | $0.18 | 3.1% |
Sep 5, 2023 | $0.18 | 2.34% |
Jun 20, 2023 | $0.18 | 1.57% |
Mar 7, 2023 | $0.18 | 1.08% |
Jan 9, 2023 | $0.18 | 0.51% |
Mar 3, 2020 | $0.18 | 1.59% |
Dec 10, 2019 | $0.18 | 1.27% |
Aug 20, 2019 | $0.18 | 1.36% |
Jun 4, 2019 | $0.18 | 1.35% |
Mar 5, 2019 | $0.16 | 1.2% |
Dec 4, 2018 | $0.16 | 1.15% |
Aug 21, 2018 | $0.16 | 0.93% |
Jun 5, 2018 | $0.16 | 1.05% |
Mar 6, 2018 | $0.125 | 0.86% |
Dec 6, 2017 | $0.125 | 0.78% |
Aug 22, 2017 | $0.125 | 0.84% |
Jun 5, 2017 | $0.125 | 0.7% |
Mar 7, 2017 | $0.1 | 0.7% |
Dec 6, 2016 | $0.1 | 0.79% |
Aug 16, 2016 | $0.1 | 0.96% |
Jun 6, 2016 | $0.1 | 0.78% |
Mar 1, 2016 | $0.075 | 0.71% |
Dec 8, 2015 | $0.075 | 0.63% |
Aug 18, 2015 | $0.075 | 0.67% |
Jun 1, 2015 | $0.075 | 0.67% |
Mar 3, 2015 | $0.06 | 0.55% |
LUV has a payout ratio of 600% which is higher than the Industrials sector average. If we compare it with the Industrials sector average of 31.1%, Southwest Airlines's payout ratio is 1,829% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SAVE Spirit Airlines Inc | 71.01% | $1.2 | N/A |
ALGT Allegiant Travel CO | 4.15% | $2.4 | N/A |
LUV Southwest Airlines Co | 2.3% | $0.72 | 600% |
DAL Delta Air Lines Inc | 0.91% | $0.45 | 6.4% |
Southwest Airlines has paid four dividends in the last 12 months.
Southwest Airlines's last regular dividend was on Sep 4, 2024 (ex-date) with the amount of $0.18 per share.
LUV has paid dividend of $0.72 per share in the last year.
The current dividend yield of Southwest Airlines is 2.3%.
Southwest Airlines pays dividends quarterly.
Southwest Airlines's dividend payout ratio is 600%.
Southwest Airlines's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.