LUV - NYSE
Southwest Airlines Co.
$40.87
-3.5%Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
At a Glance
Live SnapshotSouthwest Airlines Co. Dividend History
LUV Dividend Payment History
Total Payments
50
Latest Dividend
$0.1800
Annual Amount
$0.9000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 7, 2026 | Jun 11, 2026 | Jul 2, 2026 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Feb 5, 2026 | Mar 12, 2026 | Apr 2, 2026 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Nov 20, 2025 | Dec 26, 2025 | Jan 16, 2026 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jul 31, 2025 | Sep 3, 2025 | Sep 24, 2025 | $0.1800 | $0.1800 | Quarterly | 0.00% |
May 13, 2025 | Jun 18, 2025 | Jul 9, 2025 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Feb 5, 2025 | Mar 12, 2025 | Apr 2, 2025 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Nov 21, 2024 | Dec 26, 2024 | Jan 16, 2025 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jul 31, 2024 | Sep 4, 2024 | Sep 25, 2024 | $0.1800 | $0.1800 | Quarterly | 0.00% |
May 15, 2024 | Jun 19, 2024 | Jul 10, 2024 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jan 31, 2024 | Mar 6, 2024 | Mar 27, 2024 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Nov 16, 2023 | Dec 21, 2023 | Jan 11, 2024 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Aug 2, 2023 | Sep 6, 2023 | Sep 27, 2023 | $0.1800 | $0.1800 | Quarterly | 0.00% |
May 17, 2023 | Jun 21, 2023 | Jul 12, 2023 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Feb 1, 2023 | Mar 8, 2023 | Mar 29, 2023 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Dec 6, 2022 | Jan 10, 2023 | Jan 31, 2023 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jan 29, 2020 | Mar 4, 2020 | Mar 25, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Nov 20, 2019 | Dec 11, 2019 | Jan 8, 2020 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Jul 31, 2019 | Aug 21, 2019 | Sep 11, 2019 | $0.1800 | $0.1800 | Quarterly | 0.00% |
May 15, 2019 | Jun 5, 2019 | Jun 26, 2019 | $0.1800 | $0.1800 | Quarterly | +12.50% |
Jan 30, 2019 | Mar 6, 2019 | Mar 27, 2019 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Nov 14, 2018 | Dec 5, 2018 | Jan 2, 2019 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Aug 1, 2018 | Aug 22, 2018 | Sep 12, 2018 | $0.1600 | $0.1600 | Quarterly | 0.00% |
May 16, 2018 | Jun 6, 2018 | Jun 27, 2018 | $0.1600 | $0.1600 | Quarterly | +28.00% |
Jan 31, 2018 | Mar 7, 2018 | Mar 28, 2018 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Nov 16, 2017 | Dec 7, 2017 | Jan 4, 2018 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Aug 4, 2017 | Aug 24, 2017 | Sep 14, 2017 | $0.1250 | $0.1250 | Quarterly | 0.00% |
May 17, 2017 | Jun 7, 2017 | Jun 28, 2017 | $0.1250 | $0.1250 | Quarterly | +25.00% |
Feb 2, 2017 | Mar 9, 2017 | Mar 30, 2017 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Nov 18, 2016 | Dec 8, 2016 | Jan 5, 2017 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Jul 28, 2016 | Aug 18, 2016 | Sep 8, 2016 | $0.1000 | $0.1000 | Quarterly | 0.00% |
May 18, 2016 | Jun 8, 2016 | Jun 29, 2016 | $0.1000 | $0.1000 | Quarterly | +33.33% |
Jan 28, 2016 | Mar 3, 2016 | Mar 24, 2016 | $0.0750 | $0.0750 | Quarterly | 0.00% |
Nov 20, 2015 | Dec 10, 2015 | Jan 7, 2016 | $0.0750 | $0.0750 | Quarterly | 0.00% |
Jul 30, 2015 | Aug 20, 2015 | Sep 10, 2015 | $0.0750 | $0.0750 | Quarterly | 0.00% |
May 13, 2015 | Jun 3, 2015 | Jun 24, 2015 | $0.0750 | $0.0750 | Quarterly | +25.00% |
Jan 29, 2015 | Mar 5, 2015 | Mar 26, 2015 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Nov 20, 2014 | Dec 11, 2014 | Jan 2, 2015 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jul 30, 2014 | Aug 21, 2014 | Sep 12, 2014 | $0.0600 | $0.0600 | Quarterly | 0.00% |
May 14, 2014 | Jun 4, 2014 | Jun 25, 2014 | $0.0600 | $0.0600 | Quarterly | +50.00% |
Jan 30, 2014 | Mar 6, 2014 | Mar 27, 2014 | $0.0400 | $0.0400 | Quarterly | 0.00% |
Nov 21, 2013 | Dec 12, 2013 | Jan 2, 2014 | $0.0400 | $0.0400 | Quarterly | 0.00% |
Jul 17, 2013 | Aug 8, 2013 | Aug 29, 2013 | $0.0400 | $0.0400 | Quarterly | 0.00% |
May 15, 2013 | Jun 5, 2013 | Jun 26, 2013 | $0.0400 | $0.0400 | Quarterly | +300.00% |
Jan 31, 2013 | Mar 7, 2013 | Mar 28, 2013 | $0.0100 | $0.0100 | Quarterly | 0.00% |
Nov 16, 2012 | Dec 6, 2012 | Jan 3, 2013 | $0.0100 | $0.0100 | Quarterly | 0.00% |
Jul 26, 2012 | Aug 16, 2012 | Sep 6, 2012 | $0.0100 | $0.0100 | Quarterly | 0.00% |
May 18, 2012 | Jun 6, 2012 | Jun 20, 2012 | $0.0100 | $0.0100 | Quarterly | +150.00% |
Jan 26, 2012 | Mar 1, 2012 | Mar 22, 2012 | $0.0040 | $0.0040 | Quarterly | 0.00% |
Nov 17, 2011 | Dec 8, 2011 | Jan 5, 2012 | $0.0040 | $0.0040 | Quarterly | 0.00% |
Jul 28, 2011 | Aug 25, 2011 | Sep 15, 2011 | $0.0040 | $0.0040 | Quarterly | - |
Southwest Airlines Co. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Steady dividend growth indicates consistent capital returns. Company committed to rewarding shareholders while managing payout prudently.
Sustainability
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
Key Insight
Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.
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Statements
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Dividends
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