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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.

Southwest Airlines Dividend Announcement

Southwest Airlines announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-04
Southwest Airlines annual dividend for 2024 was $0.54
Southwest Airlines annual dividend for 2023 was $0.90
Southwest Airlines's trailing twelve-month (TTM) dividend yield is 2.78%
Southwest Airlines's payout ratio for the trailing twelve months (TTM) is -897.92%

Southwest Airlines Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04$0.18quarterly2024-09-25
2024-06-18$0.18quarterly2024-07-10
2024-03-05$0.18quarterly2024-03-27
2023-12-20$0.18quarterly2024-01-11
2023-09-05$0.18quarterly2023-09-27
2023-06-20$0.18quarterly2023-07-12
2023-03-07$0.18quarterly2023-03-29
2023-01-09$0.18quarterly2023-01-31
2020-03-03$0.18quarterly2020-03-25
2019-12-10$0.18quarterly2020-01-08
2019-08-20$0.18quarterly2019-09-11
2019-06-04$0.18quarterly2019-06-26
2019-03-05$0.16quarterly2019-03-27
2018-12-04$0.16quarterly2019-01-02
2018-08-21$0.16quarterly2018-09-12
2018-06-05$0.16quarterly2018-06-27
2018-03-06$0.12quarterly2018-03-28
2017-12-06$0.12quarterly2018-01-04
2017-08-22$0.12quarterly2017-09-14
2017-06-05$0.12quarterly2017-06-28
2017-03-07$0.10quarterly2017-03-30
2016-12-06$0.10quarterly2017-01-05
2016-08-16$0.10quarterly2016-09-08
2016-06-06$0.10quarterly2016-06-29
2016-03-01$0.07quarterly2016-03-24
2015-12-08$0.07quarterly2016-01-07
2015-08-18$0.07quarterly2015-09-10
2015-06-01$0.07quarterly2015-06-24
2015-03-03$0.06quarterly2015-03-26
2014-12-09$0.06quarterly2015-01-02
2014-08-19$0.06quarterly2014-09-12
2014-06-02$0.06quarterly2014-06-25
2014-03-04$0.04quarterly2014-03-27
2013-12-10$0.04quarterly2014-01-02
2013-08-06$0.04quarterly2013-08-29
2013-06-03$0.04quarterly2013-06-26
2013-03-05$0.01quarterly2013-03-28
2012-12-04$0.01quarterly2013-01-03
2012-08-14$0.01quarterly2012-09-06
2012-06-04$0.01quarterly2012-06-20
2012-02-28$0.00quarterly2012-03-22
2011-12-06$0.00quarterly2012-01-05
2011-08-23$0.00quarterly2011-09-15
2011-06-06$0.00quarterly2011-06-22
2011-03-01$0.01quarterly2011-03-24

Southwest Airlines Dividend per year

Southwest Airlines Dividend growth

Southwest Airlines Dividend Yield

Southwest Airlines current trailing twelve-month (TTM) dividend yield is 2.78%. Interested in purchasing Southwest Airlines stock? Use our calculator to estimate your expected dividend yield:

Southwest Airlines Financial Ratios

P/E ratio-403.90
PEG ratio59.34
P/B ratio1.86
ROE-0.46%
Payout ratio-897.92%
Current ratio0.88
Quick ratio0.83
Cash Ratio0.63

Southwest Airlines Dividend FAQ

How much is the next Southwest Airlines dividend?
Southwest Airlines's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Southwest Airlines dividend. The next Southwest Airlines dividend will be released in January, March, June, September, or December.
When is Southwest Airlines dividend paid?
Southwest Airlines pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Southwest Airlines pay?
The specific amount of Southwest Airlines dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Southwest Airlines's dividend history.
Does Southwest Airlines stock pay dividends?
Yes, Southwest Airlines does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Southwest Airlines's dividend history.
How much dividend does Southwest Airlines pay?
Southwest Airlines paid $0.54 in 2024, $0.9 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.18 in 2020.
How often does Southwest Airlines pay dividends?
Southwest Airlines typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, March, June, September, and December.
What is Southwest Airlines's dividend yield?
The current dividend yield for Southwest Airlines is 2.78%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Southwest Airlines's exact dividend yield.
When does Southwest Airlines go ex dividend?
Southwest Airlines's ex-dividend date for the latest dividend was on 2024-09-04. Southwest Airlines typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Southwest Airlines dividend paid?
Southwest Airlines pays dividends on a quarterly basis, typically around January, March, June, September, or December, but the exact dates can vary each year.
Will Southwest Airlines increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Southwest Airlines will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Southwest Airlines dividend per share?
Southwest Airlines paid $0.54 per share in 2024 and $0.9 per share in 2023. The amount of dividend per share that Southwest Airlines pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Southwest Airlines a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Southwest Airlines a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Southwest Airlines a dividend stock?
Yes, Southwest Airlines is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Southwest Airlines a good dividend stock?
Whether Southwest Airlines is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Southwest Airlines has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Southwest Airlines as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Southwest Airlines pay dividends monthly?
Southwest Airlines typically pays dividends on a quarterly basis.
Does Southwest Airlines pay dividends quarterly?
Southwest Airlines currently pays dividends on a quarterly basis.
Has Southwest Airlines ever paid a dividend?
Yes, Southwest Airlines has a history of paying dividends to its shareholders. Southwest Airlines is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Southwest Airlines dividend stocks?
To buy Southwest Airlines you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Southwest Airlines stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Southwest Airlines pay dividends 2024?
Southwest Airlines pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Southwest Airlines increase its dividend in 2024?
Decisions regarding Southwest Airlines dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Southwest Airlines dividend overview you can look into the above table of dividend history.
How Southwest Airlines dividend works?
The Southwest Airlines dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Southwest Airlines's dividend process works:

1. Determination of Dividend: Southwest Airlines's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Southwest Airlines publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Southwest Airlines distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Southwest Airlines are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Southwest Airlines dividends paid?
Southwest Airlines dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Southwest Airlines sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Southwest Airlines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Southwest Airlines declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Southwest Airlines pay dividends?
Southwest Airlines typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Southwest Airlines pay dividends?
The general pattern is that Southwest Airlines pays dividends around January, March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Southwest Airlines dividend safe?
The safety of Southwest Airlines's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Southwest Airlines's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Southwest Airlines's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.