Southwest Airlines Company Stock Dividends Overview

LUV pays dividends quarterly. Last paid amount was $0.180 at Jan 11, 2024. As of today, dividend yield (TTM) is 2.21%.

Key Stats

Dividend Yield (TTM) 2.21%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.180
Next Ex-Dividend Date Mar 06, 2024
Next Payment Date Mar 27, 2024

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.

Upcoming Dividend Payment

To receive the upcoming dividend from LUV the purchase should be done within the next 7 days.
Here's a simple guide on how to buy LUV stock.

LUV Dividend Payout History

To ensure a understanding of LUV's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 31, 2024 Mar 06, 2024 Mar 27, 2024 $0.180 0.527%
2 Jan 31, 2024 Mar 05, 2024 Mar 27, 2024 $0.180 0.527%
3 Nov 16, 2023 Dec 20, 2023 Jan 11, 2024 $0.180 0.603%
4 Aug 02, 2023 Sep 05, 2023 Sep 27, 2023 $0.180 0.671%
5 May 17, 2023 Jun 20, 2023 Jul 12, 2023 $0.180 0.467%
6 Feb 01, 2023 Mar 07, 2023 Jul 12, 2023 $0.180 0.467%
7 Dec 06, 2022 Jan 09, 2023 Jan 31, 2023 $0.180 0.503%
8 Jan 29, 2020 Mar 03, 2020 Mar 25, 2020 $0.180 0.457%
9 Nov 20, 2019 Dec 10, 2019 Jan 08, 2020 $0.180 0.331%
10 Jul 31, 2019 Aug 20, 2019 Sep 11, 2019 $0.180 0.329%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

Stable (8.38%)

LUV Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from LUV dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LUV stock here.

Comparing LUV to Sector and Country

LUV pays a solid dividend yield of 2.21%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.629%). LUV’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (8.53%), which means that there are more attractive dividend stocks to consider.

LUV Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
TDG
TransDigm Group Incorporated 66.721B $35.00 3.58% 140.36%
SWK
Stanley Black & Decker Inc 13.666B $0.81 3.55% -456.04%
CMI
Cummins Inc 37.291B $1.68 2.85% 125.31%
LUV
Southwest Airlines Company 20.155B $0.180 2.21% 92.04%
PH
Parker-Hannifin Corporation 68.058B $1.48 1.69% 20.97%
ROK
Rockwell Automation Inc 32.144B $1.25 1.67% 45.38%
Otis Worldwide Corporation 37.918B $0.340 1.57% 38.34%
Carrier Global Corp. 48.377B $0.190 1.47% 45.96%
RSG
Republic Services Inc 58.202B $0.540 1.35% 38.20%
WCN
Waste Connections Inc 43.844B $0.290 0.777% 25.80%
AME
AMTEK Inc 41.128B $0.250 0.648% 13.15%

FAQ

What factors can affect the amount of LUV's dividend payments?
The amount of LUV's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in LUV sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from LUV stock be automatically reinvested?
If LUV offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy LUV stock.

How often does LUV pay dividend?
Southwest Airlines Company (LUV) pays dividends quarterly. The most recent payout was on Jan 11, 2024. The upcoming dividend Ex Date is Mar 06, 2024, with an amount of $0.180.

How much does LUV pays per share?
The last recorder (Dec 20, 2023) dividend per share was $0.180.

What is LUV dividend growth rate?
Over the last year, Southwest Airlines Company has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Southwest Airlines Company has maintained an average Dividends Per Share Growth Rate of 2.38%.

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About Southwest Airlines Company

Southwest Airlines Company 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... LUV Profile

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