Southwest Airlines Dividend History
NYSE: LUVConsumer DiscretionaryAir Freight/Delivery ServicesUSD
41.72-0.73 (-1.72%)
At close: Oct 7, 4:00 PM ET · Delayed 15 min
- Dividend yield
- 1.73%
- Annual dividend
- $0.72
- Frequency
- Quarterly
- Ex-dividend date
- Sep 3, 2026
- Payment date
- —
- Payout ratio
- 45%
Southwest Airlines dividend summary
Southwest Airlines pays a quarterly dividend of $0.18 per share ($0.72 annualized), a 1.73% yield at the current price. It last raised its per-share payment in June 2019, from $0.16 to $0.18. Over the past five full years, annual dividends per share have grown at a 32.0% compound annual rate.
The payout ratio is 45% of trailing earnings per share. LUV has 177 recorded dividend payments since 1980, totaling $0.72 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
LUV dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Sep 3, 2026 | $0.18 | — | — |
| Jun 11, 2026 | $0.18 | — | — |
| Mar 12, 2026 | $0.18 | — | — |
| Dec 26, 2025 | $0.18 | — | — |
| Sep 3, 2025 | $0.18 | — | — |
| Jun 18, 2025 | $0.18 | — | — |
| Mar 12, 2025 | $0.18 | — | — |
| Dec 26, 2024 | $0.18 | — | — |
| Sep 4, 2024 | $0.18 | — | — |
| Jun 18, 2024 | $0.18 | — | — |
| Mar 5, 2024 | $0.18 | — | — |
| Dec 20, 2023 | $0.18 | — | — |
| Sep 5, 2023 | $0.18 | — | — |
| Jun 20, 2023 | $0.18 | — | — |
| Mar 7, 2023 | $0.18 | — | — |
| Jan 9, 2023 | $0.18 | — | — |
| Mar 3, 2020 | $0.18 | — | — |
| Dec 10, 2019 | $0.18 | — | — |
| Aug 20, 2019 | $0.18 | — | — |
| Jun 4, 2019 | $0.18 | +12.5% | — |
| Mar 5, 2019 | $0.16 | — | — |
| Dec 4, 2018 | $0.16 | — | — |
| Aug 21, 2018 | $0.16 | — | — |
| Jun 5, 2018 | $0.16 | +28.0% | — |
| Mar 6, 2018 | $0.125 | — | — |
| Dec 6, 2017 | $0.125 | — | — |
| Aug 22, 2017 | $0.125 | — | — |
| Jun 5, 2017 | $0.125 | +25.0% | — |
| Mar 7, 2017 | $0.10 | — | — |
| Dec 6, 2016 | $0.10 | — | — |
| Aug 16, 2016 | $0.10 | — | — |
| Jun 6, 2016 | $0.10 | +33.3% | — |
| Mar 1, 2016 | $0.075 | — | — |
| Dec 8, 2015 | $0.075 | — | — |
| Aug 18, 2015 | $0.075 | — | — |
| Jun 1, 2015 | $0.075 | +25.0% | — |
| Mar 3, 2015 | $0.06 | — | — |
| Dec 9, 2014 | $0.06 | — | — |
| Aug 19, 2014 | $0.06 | — | — |
| Jun 2, 2014 | $0.06 | +50.0% | — |
| Mar 4, 2014 | $0.04 | — | — |
| Dec 10, 2013 | $0.04 | — | — |
| Aug 6, 2013 | $0.04 | — | — |
| Jun 3, 2013 | $0.04 | +300.0% | — |
| Mar 5, 2013 | $0.01 | — | — |
| Dec 4, 2012 | $0.01 | — | — |
| Aug 14, 2012 | $0.01 | — | — |
| Jun 4, 2012 | $0.01 | +100.0% | — |
| Feb 28, 2012 | $0.005 | — | — |
| Dec 6, 2011 | $0.005 | — | — |
| Aug 23, 2011 | $0.005 | — | — |
| Jun 6, 2011 | $0.005 | — | — |
| Mar 1, 2011 | $0.005 | — | — |
| Dec 7, 2010 | $0.005 | — | — |
| Aug 24, 2010 | $0.005 | — | — |
| Jun 7, 2010 | $0.005 | — | — |
| Mar 2, 2010 | $0.005 | — | — |
| Dec 8, 2009 | $0.005 | — | — |
| Sep 1, 2009 | $0.005 | — | — |
| Jun 8, 2009 | $0.005 | — | — |
| Feb 24, 2009 | $0.005 | — | — |
| Dec 9, 2008 | $0.005 | — | — |
| Aug 26, 2008 | $0.005 | — | — |
| Jun 10, 2008 | $0.005 | — | — |
| Feb 26, 2008 | $0.005 | — | — |
| Dec 4, 2007 | $0.005 | — | — |
| Aug 28, 2007 | $0.005 | — | — |
| Jun 5, 2007 | $0.005 | — | — |
| Feb 27, 2007 | $0.005 | — | — |
| Dec 5, 2006 | $0.005 | — | — |
| Aug 29, 2006 | $0.005 | — | — |
| Jun 6, 2006 | $0.005 | — | — |
| Feb 28, 2006 | $0.005 | — | — |
| Dec 6, 2005 | $0.005 | — | — |
| Aug 30, 2005 | $0.005 | — | — |
| Jun 7, 2005 | $0.005 | — | — |
| Mar 1, 2005 | $0.005 | — | — |
| Dec 7, 2004 | $0.005 | — | — |
| Aug 31, 2004 | $0.005 | — | — |
| Jun 8, 2004 | $0.005 | — | — |
| Mar 2, 2004 | $0.005 | — | — |
| Dec 3, 2003 | $0.005 | — | — |
| Aug 29, 2003 | $0.005 | — | — |
| Jun 2, 2003 | $0.005 | — | — |
| Mar 4, 2003 | $0.005 | — | — |
| Dec 9, 2002 | $0.005 | — | — |
| Aug 30, 2002 | $0.005 | — | — |
| Jun 3, 2002 | $0.005 | — | — |
| Feb 27, 2002 | $0.005 | — | — |
| Dec 3, 2001 | $0.005 | — | — |
| Aug 31, 2001 | $0.005 | +66.7% | — |
| Jun 4, 2001 | $0.003 | -40.0% | — |
| Feb 28, 2001 | $0.005 | +25.0% | — |
| Dec 4, 2000 | $0.004 | — | — |
| Sep 1, 2000 | $0.004 | — | — |
| May 31, 2000 | $0.004 | — | — |
| Mar 1, 2000 | $0.004 | — | — |
| Dec 6, 1999 | $0.004 | +20.0% | — |
| Aug 30, 1999 | $0.0033 | -6.3% | — |
| Jun 2, 1999 | $0.0036 | — | — |
| Mar 3, 1999 | $0.0036 | — | — |
| Dec 7, 1998 | $0.0036 | — | — |
| Aug 31, 1998 | $0.0036 | +20.0% | — |
| Jun 3, 1998 | $0.003 | — | — |
| Mar 4, 1998 | $0.003 | — | — |
| Dec 8, 1997 | $0.003 | +25.0% | — |
| Aug 29, 1997 | $0.0024 | — | — |
| May 28, 1997 | $0.0024 | — | — |
| Feb 26, 1997 | $0.0024 | +20.0% | — |
| Dec 9, 1996 | $0.002 | — | — |
| Aug 30, 1996 | $0.002 | — | — |
| May 29, 1996 | $0.002 | — | — |
| Feb 28, 1996 | $0.002 | — | — |
| Dec 4, 1995 | $0.002 | — | — |
| Sep 1, 1995 | $0.002 | — | — |
| May 26, 1995 | $0.002 | — | — |
| Feb 27, 1995 | $0.002 | — | — |
| Nov 30, 1994 | $0.002 | — | — |
| Aug 30, 1994 | $0.002 | — | — |
| May 27, 1994 | $0.002 | — | — |
| Feb 28, 1994 | $0.002 | — | — |
| Nov 30, 1993 | $0.002 | — | — |
| Aug 30, 1993 | $0.002 | — | — |
| May 28, 1993 | $0.002 | — | — |
| Feb 26, 1993 | $0.002 | — | — |
| Dec 1, 1992 | $0.002 | — | — |
| Aug 31, 1992 | $0.002 | +11.1% | — |
| Jun 1, 1992 | $0.0018 | +8.0% | — |
| Feb 28, 1992 | $0.0016 | — | — |
| Nov 29, 1991 | $0.0016 | — | — |
| Aug 29, 1991 | $0.0016 | — | — |
| May 31, 1991 | $0.0016 | — | — |
| Mar 1, 1991 | $0.0016 | — | — |
| Nov 29, 1990 | $0.0016 | — | — |
| Sep 6, 1990 | $0.0016 | +7.2% | — |
| Jun 7, 1990 | $0.0015 | — | — |
| Mar 5, 1990 | $0.0015 | — | — |
| Nov 29, 1989 | $0.0015 | — | — |
| Sep 1, 1989 | $0.0015 | — | — |
| Jun 7, 1989 | $0.0015 | — | — |
| Mar 6, 1989 | $0.0015 | — | — |
| Nov 29, 1988 | $0.0015 | +9.3% | — |
| Sep 2, 1988 | $0.0014 | — | — |
| Jun 7, 1988 | $0.0014 | — | — |
| Mar 4, 1988 | $0.0014 | — | — |
| Nov 27, 1987 | $0.0014 | — | — |
| Sep 2, 1987 | $0.0014 | — | — |
| Jun 8, 1987 | $0.0014 | — | — |
| Mar 4, 1987 | $0.0014 | — | — |
| Nov 26, 1986 | $0.0014 | — | — |
| Sep 3, 1986 | $0.0014 | — | — |
| Jun 6, 1986 | $0.0014 | — | — |
| Mar 5, 1986 | $0.0014 | — | — |
| Nov 26, 1985 | $0.0014 | — | — |
| Sep 4, 1985 | $0.0014 | — | — |
| Jun 6, 1985 | $0.0014 | — | — |
| Mar 6, 1985 | $0.0014 | — | — |
| Nov 28, 1984 | $0.0014 | — | — |
| Sep 5, 1984 | $0.0014 | — | — |
| Jun 4, 1984 | $0.0014 | — | — |
| Mar 7, 1984 | $0.0014 | — | — |
| Nov 30, 1983 | $0.0014 | — | — |
| Sep 2, 1983 | $0.0014 | — | — |
| May 31, 1983 | $0.0014 | — | — |
| Mar 9, 1983 | $0.0014 | — | — |
| Nov 26, 1982 | $0.0014 | — | — |
| Sep 3, 1982 | $0.0014 | — | — |
| Jun 4, 1982 | $0.0014 | — | — |
| Mar 9, 1982 | $0.0014 | — | — |
| Nov 25, 1981 | $0.0014 | +25.0% | — |
| Sep 2, 1981 | $0.0011 | — | — |
| Jun 9, 1981 | $0.0011 | — | — |
| Mar 10, 1981 | $0.0011 | — | — |
| Nov 28, 1980 | $0.0011 | — | — |
| Sep 30, 1980 | $0.0011 | +50.1% | — |
| Jun 6, 1980 | $0.0007 | — | — |
| Mar 3, 1980 | $0.0007 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $0.54 | 3 | -25.0% |
| 2025 | $0.72 | 4 | 0.0% |
| 2024 | $0.72 | 4 | -20.0% |
| 2023 | $0.90 | 5 | — |
| 2020 | $0.18 | 1 | -74.3% |
| 2019 | $0.70 | 4 | +15.7% |
| 2018 | $0.605 | 4 | +27.4% |
| 2017 | $0.475 | 4 | +26.7% |
| 2016 | $0.375 | 4 | +31.6% |
| 2015 | $0.285 | 4 | +29.5% |
| 2014 | $0.22 | 4 | +69.2% |
| 2013 | $0.13 | 4 | +271.4% |
| 2012 | $0.035 | 4 | +75.0% |
| 2011 | $0.02 | 4 | 0.0% |
| 2010 | $0.02 | 4 | 0.0% |
LUV stock splits
| Date | Ratio | Type |
|---|---|---|
| Feb 16, 2001 | 3-for-2 | Forward split |
| Jul 20, 1999 | 3-for-2 | Forward split |
| Aug 21, 1998 | 3-for-2 | Forward split |
| Nov 28, 1997 | 3-for-2 | Forward split |
| Jul 16, 1993 | 3-for-2 | Forward split |
| Jul 16, 1992 | 2-for-1 | Forward split |
| Aug 30, 1990 | 3-for-2 | Forward split |
| Jan 30, 1984 | 5-for-4 | Forward split |
| Jan 24, 1983 | 2-for-1 | Forward split |
| Oct 23, 1981 | 5-for-4 | Forward split |
| Sep 23, 1980 | 3-for-2 | Forward split |