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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | $0.18 | quarterly | 2024-09-25 |
2024-06-18 | $0.18 | quarterly | 2024-07-10 |
2024-03-05 | $0.18 | quarterly | 2024-03-27 |
2023-12-20 | $0.18 | quarterly | 2024-01-11 |
2023-09-05 | $0.18 | quarterly | 2023-09-27 |
2023-06-20 | $0.18 | quarterly | 2023-07-12 |
2023-03-07 | $0.18 | quarterly | 2023-03-29 |
2023-01-09 | $0.18 | quarterly | 2023-01-31 |
2020-03-03 | $0.18 | quarterly | 2020-03-25 |
2019-12-10 | $0.18 | quarterly | 2020-01-08 |
2019-08-20 | $0.18 | quarterly | 2019-09-11 |
2019-06-04 | $0.18 | quarterly | 2019-06-26 |
2019-03-05 | $0.16 | quarterly | 2019-03-27 |
2018-12-04 | $0.16 | quarterly | 2019-01-02 |
2018-08-21 | $0.16 | quarterly | 2018-09-12 |
2018-06-05 | $0.16 | quarterly | 2018-06-27 |
2018-03-06 | $0.12 | quarterly | 2018-03-28 |
2017-12-06 | $0.12 | quarterly | 2018-01-04 |
2017-08-22 | $0.12 | quarterly | 2017-09-14 |
2017-06-05 | $0.12 | quarterly | 2017-06-28 |
2017-03-07 | $0.10 | quarterly | 2017-03-30 |
2016-12-06 | $0.10 | quarterly | 2017-01-05 |
2016-08-16 | $0.10 | quarterly | 2016-09-08 |
2016-06-06 | $0.10 | quarterly | 2016-06-29 |
2016-03-01 | $0.07 | quarterly | 2016-03-24 |
2015-12-08 | $0.07 | quarterly | 2016-01-07 |
2015-08-18 | $0.07 | quarterly | 2015-09-10 |
2015-06-01 | $0.07 | quarterly | 2015-06-24 |
2015-03-03 | $0.06 | quarterly | 2015-03-26 |
2014-12-09 | $0.06 | quarterly | 2015-01-02 |
2014-08-19 | $0.06 | quarterly | 2014-09-12 |
2014-06-02 | $0.06 | quarterly | 2014-06-25 |
2014-03-04 | $0.04 | quarterly | 2014-03-27 |
2013-12-10 | $0.04 | quarterly | 2014-01-02 |
2013-08-06 | $0.04 | quarterly | 2013-08-29 |
2013-06-03 | $0.04 | quarterly | 2013-06-26 |
2013-03-05 | $0.01 | quarterly | 2013-03-28 |
2012-12-04 | $0.01 | quarterly | 2013-01-03 |
2012-08-14 | $0.01 | quarterly | 2012-09-06 |
2012-06-04 | $0.01 | quarterly | 2012-06-20 |
2012-02-28 | $0.00 | quarterly | 2012-03-22 |
2011-12-06 | $0.00 | quarterly | 2012-01-05 |
2011-08-23 | $0.00 | quarterly | 2011-09-15 |
2011-06-06 | $0.00 | quarterly | 2011-06-22 |
2011-03-01 | $0.01 | quarterly | 2011-03-24 |
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
Southwest Airlines Dividend FAQ
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.
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.
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.
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.
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.