Southwest Airlines Company Stock Dividends
LUV pays dividends quarterly. Last paid amount was $0.180 at Mar 27, 2024. As of today, dividend yield (TTM) is 2.97%.
Dividend Yield Range
AI Analysis of LUV
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.97% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.180 |
| Next Ex-Dividend Date | Jun 19, 2024 |
| Next Payment Date | Jul 10, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from LUV the purchase should be done within the next 32 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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Jul 31, 2019 | Aug 20, 2019 | Sep 11, 2019 | $0.180 | 0.329% |
| 12 | May 15, 2019 | Jun 04, 2019 | Jun 26, 2019 | $0.180 | 0.355% |
| 13 | Jan 30, 2019 | Mar 05, 2019 | Mar 27, 2019 | $0.160 | 0.321% |
| 14 | Nov 14, 2018 | Dec 04, 2018 | Jan 02, 2019 | $0.160 | 0.339% |
| 15 | Aug 01, 2018 | Aug 21, 2018 | Sep 12, 2018 | $0.160 | 0.261% |
| 16 | May 16, 2018 | Jun 05, 2018 | Jun 27, 2018 | $0.160 | 0.318% |
| 17 | Jan 31, 2018 | Mar 06, 2018 | Mar 28, 2018 | $0.125 | 0.222% |
| 18 | Nov 16, 2017 | Dec 06, 2017 | Jan 04, 2018 | $0.125 | 0.193% |
| 19 | Aug 03, 2017 | Aug 22, 2017 | Sep 14, 2017 | $0.125 | 0.230% |
| 20 | May 17, 2017 | Jun 05, 2017 | Jun 28, 2017 | $0.125 | 0.202% |
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
Growth potential
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 2.97%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.514%). LUV’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.38%), which means that there are more attractive dividend stocks to consider.
LUV Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Stanley Black & Decker Inc | 14.063B | $0.81 | 4.44% | -469.57% | |
| TransDigm Group Incorporated | 72.142B | $35.00 | 3.58% | 140.55% | |
| Southwest Airlines Company | 16.745B | $0.180 | 2.97% | 109.16% | |
| Cummins Inc | 40.375B | $1.68 | 2.84% | 48.40% | |
| Otis Worldwide Corporation | 39.328B | $0.340 | 1.96% | 39.01% | |
| Rockwell Automation Inc | 31.377B | $1.25 | 1.74% | 47.29% | |
| Parker-Hannifin Corporation | 71.118B | $1.63 | 1.54% | 27.54% | |
| Carrier Global Corp. | 59.287B | $0.190 | 1.31% | 50.20% | |
| Republic Services Inc | 58.883B | $0.535 | 1.30% | 36.09% | |
| Waste Connections Inc | 42.77B | $0.285 | 0.742% | 35.02% | |
| AMTEK Inc | 39.01B | $0.280 | 0.629% | 18.01% |
