Back to LUV overview

LUV Southwest Airlines dividend history, payout ratio & dates

Southwest Airlines's most recent quarterly dividend was on Mar 5, 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 2.58% based on its recent close price.

Key dates

  • LUV last dividend date: Mar 5, 2024
  • LUV next dividend date: Jun 18, 2024
LUV dividend stats
DPS
$0.72
Dividend yield
2.58%
Payout ratio
109.1%
vs. Industrials sector
Dividend yield
1.41%
Payout ratio
31.7%

Dividend yield

What is Southwest Airlines current dividend yield

LUV has a dividend yield of 2.58% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 1.41%, Southwest Airlines's dividend yield is 83% 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
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 31.7%, Southwest Airlines's payout ratio is 244% 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's next dividend date is Jun 18, 2024 (ex-date).

When was LUV's last dividend?

Southwest Airlines's last regular dividend was on Mar 5, 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 2.58%.

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.