LUV — Southwest Airlines Co.
Dividend Grades
vs Industrials sector| Metric | LUV | Sector Median |
|---|---|---|
| Dividend Yield | 1.84% | 1.46% |
| Dividend Growth (5Y) | 31.95% | 7.37% |
| Payout Ratio | 62.1% | 32.7% |
| Consecutive Years Paid | 4 | 15 |
| 1Y Total Return | +15.0% | 15.8% |
Grades compare this stock to Industrials sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →
1-Year Growth
0.00%
3-Year Growth
N/A
5-Year Growth
31.95%
10-Year Growth
9.71%
Key Dividend Dates
Next Ex-Date
N/A
Next Payment
N/A
Last Ex-Date
Mar 12, 2026
Last Payment
Apr 2, 2026
Dividend History
| Ex-Date | Amount | Change |
|---|---|---|
| Mar 12, 2026 | $0.1800 | 0.00% |
| Dec 26, 2025 | $0.1800 | 0.00% |
| Sep 3, 2025 | $0.1800 | 0.00% |
| Jun 18, 2025 | $0.1800 | 0.00% |
| Mar 12, 2025 | $0.1800 | 0.00% |
| Dec 26, 2024 | $0.1800 | 0.00% |
| Sep 4, 2024 | $0.1800 | 0.00% |
| Jun 18, 2024 | $0.1800 | 0.00% |
| Mar 5, 2024 | $0.1800 | 0.00% |
| Dec 20, 2023 | $0.1800 | 0.00% |
| Sep 5, 2023 | $0.1800 | 0.00% |
| Jun 20, 2023 | $0.1800 | 0.00% |
| Mar 7, 2023 | $0.1800 | 0.00% |
| Jan 9, 2023 | $0.1800 | 0.00% |
| Mar 3, 2020 | $0.1800 | 0.00% |
| Dec 10, 2019 | $0.1800 | 0.00% |
| Aug 20, 2019 | $0.1800 | 0.00% |
| Jun 4, 2019 | $0.1800 | +12.50% |
| Mar 5, 2019 | $0.1600 | 0.00% |
| Dec 4, 2018 | $0.1600 | 0.00% |
Payout Ratio (Earnings)
62.1%
ModerateFCF Payout Ratio
N/A
Financial Snapshot
| Period | EPS | FCF |
|---|---|---|
| Q1 2025 | $-0.26 | $359.00M |
| Q2 2025 | $0.40 | -$234.00M |
| Q4 2025 | $0.63 | -$564.00M |
| Q1 2024 | $-0.39 | -$696.00M |
Analyst Ratings (Last 90 Days)
Peer Comparison
Frequently Asked Questions
Does Southwest Airlines Co. pay a dividend?
Yes, Southwest Airlines Co. (LUV) pays a quarterly dividend with a yield of 1.84%.
What is LUV's dividend yield?
LUV's current dividend yield is 1.84%. The annual dividend is $0.72.
When is LUV's next ex-dividend date?
The next ex-dividend date for LUV has not been announced yet.
How many years has Southwest Airlines Co. increased its dividend?
Southwest Airlines Co. has increased its dividend for 0 consecutive years.
Compare LUV:
About this data
Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.
Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.
Consecutive years — calendar years with a higher total annual dividend than the prior year.
Growth rates — annualized, comparing the most recent full year total to the total N years prior.
For informational purposes only. Not investment advice.
Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.