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LUV Southwest Airlines dividend history, payout ratio & dates

  1. Stocks
  2. Industrials
  3. NYSE: LUV
  4. Dividend

Southwest Airlines's most recent quarterly dividend was on Jun 18, 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 2.56% based on its recent close price.

Key dates

  • LUV last dividend date: Jun 18, 2024
  • LUV next dividend date: Not announced
LUV dividend stats
DPS
$0.72
Dividend yield
2.64%
Payout ratio
109.1%
vs. Industrials sector
Dividend yield
1.41%
Payout ratio
32.7%

Dividend yield

What is Southwest Airlines current dividend yield

LUV has a dividend yield of 2.56% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.41%, Southwest Airlines's dividend yield is 82% higher.

Dividend history

What is LUV dividend payout history and dates

LUV has issued four quarterly dividends in the last twelve months.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jun 18, 2024 Jul 10, 2024 May 15, 2024 $0.18 normal
Mar 5, 2024 Mar 27, 2024 Jan 31, 2024 $0.18 normal
Dec 20, 2023 Jan 11, 2024 Nov 16, 2023 $0.18 normal
Sep 5, 2023 Sep 27, 2023 Aug 2, 2023 $0.18 normal
Jun 20, 2023 Jul 12, 2023 May 17, 2023 $0.18 normal
Mar 7, 2023 Mar 29, 2023 Feb 1, 2023 $0.18 normal
Jan 9, 2023 Jan 31, 2023 Dec 6, 2022 $0.18 normal
Mar 3, 2020 Mar 25, 2020 Jan 29, 2020 $0.18 normal
Dec 10, 2019 Jan 8, 2020 Nov 20, 2019 $0.18 normal
Aug 20, 2019 Sep 11, 2019 Jul 31, 2019 $0.18 normal
Jun 4, 2019 Jun 26, 2019 May 15, 2019 $0.18 normal
Mar 5, 2019 Mar 27, 2019 Jan 30, 2019 $0.16 normal
Dec 4, 2018 Jan 2, 2019 Nov 14, 2018 $0.16 normal
Aug 21, 2018 Sep 12, 2018 Aug 1, 2018 $0.16 normal
Jun 5, 2018 Jun 27, 2018 May 16, 2018 $0.16 normal
Mar 6, 2018 Mar 28, 2018 Jan 31, 2018 $0.125 normal
Dec 6, 2017 Jan 4, 2018 Nov 16, 2017 $0.125 normal
Aug 22, 2017 Sep 14, 2017 Aug 3, 2017 $0.125 normal
Jun 5, 2017 Jun 28, 2017 May 17, 2017 $0.125 normal
Mar 7, 2017 Mar 30, 2017 Feb 2, 2017 $0.1 normal
Dec 6, 2016 Jan 5, 2017 Nov 17, 2016 $0.1 normal
Aug 16, 2016 Sep 8, 2016 Jul 28, 2016 $0.1 normal
Jun 6, 2016 Jun 29, 2016 May 18, 2016 $0.1 normal
Mar 1, 2016 Mar 24, 2016 $0.075 normal
Dec 8, 2015 Jan 7, 2016 $0.075 normal
Aug 18, 2015 Sep 10, 2015 $0.075 normal

Southwest Airlines dividend payout ratio

What is Southwest Airlines dividend payout ratio compared to the sector

Payout ratio

LUV has a payout ratio of 109.1% which is higher than the Industrials sector average. If we compare it with the Industrials sector average of 32.7%, Southwest Airlines's payout ratio is 234% higher.

Total amount of dividends paid per financial year (from cash flow)

Frequently asked questions

Does Southwest Airlines pay a dividend?

Southwest Airlines has paid four dividends in the last 12 months.

When is Southwest Airlines's next dividend?

LUV hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in September 2024.

When was LUV's last dividend?

Southwest Airlines's last regular dividend was on Jun 18, 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 2.56%.

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 109.1%.

Does Southwest Airlines pay a good dividend?

Southwest Airlines's dividend yield is higher than the Industrials sector average.