LUV Southwest Airlines dividend history, payout ratio & dates
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 2.16% based on its recent close price.
Key dates
- LUV last dividend date: Sep 4, 2024
LUV dividend stats
vs. Industrials sector
Dividend yield
LUV has a dividend yield of 2.16% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.46%, Southwest Airlines's dividend yield is 48% higher.
Dividend history
LUV has issued three dividends in the last twelve months. The annualized DPS has decreased by 20% for the last year. And since the stock price has gone up by 12% from a year ago, the dividend yield has decreased by 29%.
Recent dividends
| 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% |
Southwest Airlines dividend payouts
Total amount of dividends paid per financial year (from cash flow)
LUV dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ALGT Allegiant Travel CO | 2.84% | $2.4 | N/A |
| LUV Southwest Airlines Co | 2.16% | $0.72 | N/A |
| DAL Delta Air Lines Inc | 0.82% | $0.5 | 6.9% |
Frequently asked questions
Does Southwest Airlines pay a dividend?
Southwest Airlines has paid three dividends in the last 12 months.
When was LUV's last dividend?
Southwest Airlines's last regular dividend was on Sep 4, 2024 (ex-date) with the amount of $0.18 per share.
How much dividend does Southwest Airlines pay (per share)?
LUV has paid dividend of $0.72 per share in the last year.
What is Southwest Airlines's dividend yield?
The current dividend yield of Southwest Airlines is 2.16%.
How often does Southwest Airlines pay dividends?
Southwest Airlines pays dividends quarterly.
Does Southwest Airlines pay a good dividend?
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.