LUV Southwest Airlines dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: LUV
- Dividend
Southwest Airlines's most recent dividend was on Mar 12, 2025 (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.
Key dates
- LUV last dividend date: Mar 12, 2025
LUV dividend stats
vs. Industrials sector
Dividend yield
LUV has a dividend yield of 2.3% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.52%, Southwest Airlines's dividend yield is 51% higher.
Dividend history
Southwest Airlines has a long dividend history, including the last two consecutive years with dividend payouts. LUV has issued four 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 12% from a year ago, the dividend yield has decreased by 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 12, 2025 | $0.18 | 2.39% |
| Dec 26, 2024 | $0.18 | 2.11% |
| 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 payout ratio
Payout ratio
LUV has a payout ratio of 80% which is higher than the Industrials sector average. If we compare it with the Industrials sector average of 35.1%, Southwest Airlines's payout ratio is 128% higher.
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 | 4.26% | $2.4 | N/A |
| LUV Southwest Airlines Co | 2.29% | $0.72 | 80% |
| DAL Delta Air Lines Inc | 1.19% | $0.6 | 10.5% |
Frequently asked questions
Does Southwest Airlines pay a dividend?
Yes, Southwest Airlines has paid four dividends in the last 12 months. LUV has been paying dividends since 2023.
When was LUV's last dividend?
Southwest Airlines's last regular dividend was on Mar 12, 2025 (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 2.3%.
How often does Southwest Airlines pay dividends?
Southwest Airlines pays dividends quarterly.
What is Southwest Airlines's dividend payout ratio?
Southwest Airlines's dividend payout ratio is 80%.
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.