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LUV

Southwest Airlines Co.

NYSE· Quarterly dividend· Common Stock · Industrials / Airlines, Airports & Air Services

$47.97 ▲ $1.31(2.81%) as of Jun 21, 2026 04:37 UTC

Key Metrics

Current Yield

1.50%

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.7200

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

44.4

Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

68

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$29.06 – $54.80

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio

90.48%

The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.

Years Paying

46

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on the dividend: Sustainability, Adequacy, Financial strength and Endurance. Each letter flags green (good) or amber (worth a look).
S Sustainable Payout
Payout ratio 90% is elevated.
A Payment Track Record
46 years of dividend payments.
F Fair Valuation
Price-to-book 2.80.
E Entry Signal
Not oversold. RSI 68.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume11,291,363How many shares changed hands in the latest session — a rough read on trading activity.
Open$47.93The price at the start of the latest trading session.
Day Range$47.71 – $48.67The lowest and highest price during the latest trading session.
Prev Close$46.66The closing price from the previous trading session.
Market Cap$22.32BThe company's total market value: share price times shares outstanding.
Shares Out465.25MThe total number of shares the company has issued.
EPS$0.82Earnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/E58.7Price-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendJun 11, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateJul 02, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)58.7%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)3.5%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 yrsThe number of years in a row the dividend has increased — a track record of reliability.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1800 Q Regular May 07, 2026 Jun 11, 2026 Jun 11, 2026 Jul 02, 2026
$0.1800 Q Regular Feb 05, 2026 Mar 12, 2026 Mar 12, 2026 Apr 02, 2026
$0.1800 Q Regular Nov 20, 2025 Dec 26, 2025 Dec 26, 2025 Jan 16, 2026
$0.1800 Q Regular Jul 31, 2025 Sep 03, 2025 Sep 03, 2025 Sep 24, 2025
$0.1800 Q Regular May 13, 2025 Jun 18, 2025 Jun 18, 2025 Jul 09, 2025
$0.1800 Q Regular Feb 05, 2025 Mar 12, 2025 Mar 12, 2025 Apr 02, 2025
$0.1800 Q Regular Nov 21, 2024 Dec 26, 2024 Dec 26, 2024 Jan 16, 2025
$0.1800 Q Regular Jul 31, 2024 Sep 04, 2024 Sep 04, 2024 Sep 25, 2024
$0.1800 Q Regular May 15, 2024 Jun 18, 2024 Jun 19, 2024 Jul 10, 2024
$0.1800 Q Regular Jan 31, 2024 Mar 05, 2024 Mar 06, 2024 Mar 27, 2024
$0.1800 Q Regular Nov 16, 2023 Dec 20, 2023 Dec 21, 2023 Jan 11, 2024
$0.1800 Q Regular Aug 02, 2023 Sep 05, 2023 Sep 06, 2023 Sep 27, 2023
$0.1800 Q Regular May 17, 2023 Jun 20, 2023 Jun 21, 2023 Jul 12, 2023
$0.1800 Q Regular Feb 01, 2023 Mar 07, 2023 Mar 08, 2023 Mar 29, 2023
$0.1800 Q Regular Dec 06, 2022 Jan 09, 2023 Jan 10, 2023 Jan 31, 2023
$0.1800 Q Regular Jan 29, 2020 Mar 03, 2020 Mar 04, 2020 Mar 25, 2020
$0.1800 Q Regular Nov 20, 2019 Dec 10, 2019 Dec 11, 2019 Jan 08, 2020
$0.1800 Q Regular Jul 31, 2019 Aug 20, 2019 Aug 21, 2019 Sep 11, 2019
$0.1800 Q Regular May 15, 2019 Jun 04, 2019 Jun 05, 2019 Jun 26, 2019
$0.1600 Q Regular Jan 30, 2019 Mar 05, 2019 Mar 06, 2019 Mar 27, 2019
$0.1600 Q Regular Nov 14, 2018 Dec 04, 2018 Dec 05, 2018 Jan 02, 2019
$0.1600 Q Regular Aug 01, 2018 Aug 21, 2018 Aug 22, 2018 Sep 12, 2018
$0.1600 Q Regular May 16, 2018 Jun 05, 2018 Jun 06, 2018 Jun 27, 2018
$0.1250 Q Regular Jan 31, 2018 Mar 06, 2018 Mar 07, 2018 Mar 28, 2018
$0.1250 Q Regular Nov 16, 2017 Dec 06, 2017 Dec 07, 2017 Jan 04, 2018
$0.1250 Q Regular Aug 04, 2017 Aug 22, 2017 Aug 24, 2017 Sep 14, 2017
$0.1250 Q Regular May 17, 2017 Jun 05, 2017 Jun 07, 2017 Jun 28, 2017
$0.1000 Q Regular Feb 02, 2017 Mar 07, 2017 Mar 09, 2017 Mar 30, 2017
$0.1000 Q Regular Nov 18, 2016 Dec 06, 2016 Dec 08, 2016 Jan 05, 2017
$0.1000 Q Regular Jul 28, 2016 Aug 16, 2016 Aug 18, 2016 Sep 08, 2016
$0.1000 Q Regular May 18, 2016 Jun 06, 2016 Jun 08, 2016 Jun 29, 2016
$0.0750 Q Regular Jan 28, 2016 Mar 01, 2016 Mar 03, 2016 Mar 24, 2016
$0.0750 Q Regular Nov 20, 2015 Dec 08, 2015 Dec 10, 2015 Jan 07, 2016
$0.0750 Q Regular Jul 30, 2015 Aug 18, 2015 Aug 20, 2015 Sep 10, 2015
$0.0750 Q Regular May 13, 2015 Jun 01, 2015 Jun 03, 2015 Jun 24, 2015
$0.0600 Q Regular Jan 29, 2015 Mar 03, 2015 Mar 05, 2015 Mar 26, 2015
$0.0600 Q Regular Nov 20, 2014 Dec 09, 2014 Dec 11, 2014 Jan 02, 2015
$0.0600 Q Regular Jul 30, 2014 Aug 19, 2014 Aug 21, 2014 Sep 12, 2014
$0.0600 Q Regular May 14, 2014 Jun 02, 2014 Jun 04, 2014 Jun 25, 2014
$0.0400 Q Regular Jan 30, 2014 Mar 04, 2014 Mar 06, 2014 Mar 27, 2014
$0.0400 Q Regular Nov 21, 2013 Dec 10, 2013 Dec 12, 2013 Jan 02, 2014
$0.0400 Q Regular Jul 17, 2013 Aug 06, 2013 Aug 08, 2013 Aug 29, 2013
$0.0400 Q Regular May 15, 2013 Jun 03, 2013 Jun 05, 2013 Jun 26, 2013
$0.0100 Q Regular Jan 31, 2013 Mar 05, 2013 Mar 07, 2013 Mar 28, 2013
$0.0100 Q Regular Nov 16, 2012 Dec 04, 2012 Dec 06, 2012 Jan 03, 2013
$0.0100 Q Regular Jul 26, 2012 Aug 14, 2012 Aug 16, 2012 Sep 06, 2012
$0.0100 Q Regular May 18, 2012 Jun 04, 2012 Jun 06, 2012 Jun 20, 2012
$0.0045 Q Regular Jan 26, 2012 Feb 28, 2012 Mar 01, 2012 Mar 22, 2012
$0.0045 Q Regular Nov 17, 2011 Dec 06, 2011 Dec 08, 2011 Jan 05, 2012
$0.0045 Q Regular Jul 28, 2011 Aug 23, 2011 Aug 25, 2011 Sep 15, 2011
$0.0045 Q Regular May 18, 2011 Jun 06, 2011 Jun 08, 2011 Jun 22, 2011
$0.0050 Q Regular Jan 27, 2011 Mar 01, 2011 Mar 03, 2011 Mar 24, 2011
$0.0045 Q Regular Nov 18, 2010 Dec 07, 2010 Dec 09, 2010 Jan 06, 2011
$0.0045 Q Regular Jul 15, 2010 Aug 24, 2010 Aug 26, 2010 Sep 16, 2010
$0.0045 Q Regular May 19, 2010 Jun 07, 2010 Jun 09, 2010 Jun 23, 2010
$0.0045 Q Regular Jan 28, 2010 Mar 02, 2010 Mar 04, 2010 Mar 25, 2010
$0.0045 Q Regular Nov 19, 2009 Dec 08, 2009 Dec 10, 2009 Jan 07, 2010
$0.0050 Q Regular Jul 23, 2009 Sep 01, 2009 Sep 03, 2009 Sep 24, 2009
$0.0045 Q Regular May 20, 2009 Jun 08, 2009 Jun 10, 2009 Jun 24, 2009
$0.0045 Q Regular Jan 15, 2009 Feb 24, 2009 Feb 26, 2009 Mar 19, 2009
$0.0045 Q Regular Nov 20, 2008 Dec 09, 2008 Dec 11, 2008 Jan 08, 2009
$0.0045 Q Regular Jul 17, 2008 Aug 26, 2008 Aug 28, 2008 Sep 18, 2008
$0.0045 Q Regular May 21, 2008 Jun 10, 2008 Jun 12, 2008 Jun 26, 2008
$0.0045 Q Regular Jan 17, 2008 Feb 26, 2008 Feb 28, 2008 Mar 20, 2008
$0.0045 Q Regular Nov 15, 2007 Dec 04, 2007 Dec 06, 2007 Jan 03, 2008
$0.0045 Q Regular Jul 19, 2007 Aug 28, 2007 Aug 30, 2007 Sep 20, 2007
$0.0045 Q Regular May 16, 2007 Jun 05, 2007 Jun 07, 2007 Jun 28, 2007
$0.0045 Q Regular Jan 18, 2007 Feb 27, 2007 Mar 01, 2007 Mar 22, 2007
$0.0045 Q Regular Nov 16, 2006 Dec 05, 2006 Dec 07, 2006 Jan 04, 2007
$0.0045 Q Regular Jul 20, 2006 Aug 29, 2006 Aug 31, 2006 Sep 21, 2006
$0.0045 Q Regular May 17, 2006 Jun 06, 2006 Jun 08, 2006 Jun 29, 2006
$0.0045 Q Regular Jan 20, 2006 Feb 28, 2006 Mar 02, 2006 Mar 23, 2006
$0.0045 Q Regular Nov 17, 2005 Dec 06, 2005 Dec 08, 2005 Jan 05, 2006
$0.0045 Q Regular Jul 25, 2005 Aug 30, 2005 Sep 01, 2005 Sep 22, 2005
$0.0045 Q Regular May 18, 2005 Jun 07, 2005 Jun 09, 2005 Jun 30, 2005
$0.0050 Q Regular Jan 20, 2005 Mar 01, 2005 Mar 03, 2005 Mar 24, 2005
$0.0045 Q Regular Nov 18, 2004 Dec 07, 2004 Dec 09, 2004 Jan 06, 2005
$0.0045 Q Regular Jul 16, 2004 Aug 31, 2004 Sep 02, 2004 Sep 23, 2004
$0.0045 Q Regular May 19, 2004 Jun 08, 2004 Jun 10, 2004 Jun 30, 2004
$0.0045 Q Regular Jan 15, 2004 Mar 02, 2004 Mar 04, 2004 Mar 25, 2004
$0.0045 Q Regular Nov 20, 2003 Dec 03, 2003 Dec 05, 2003 Jan 06, 2004
$0.0045 Q Regular Jul 17, 2003 Aug 29, 2003 Sep 03, 2003 Sep 24, 2003
$0.0045 Q Regular May 14, 2003 Jun 02, 2003 Jun 04, 2003 Jun 25, 2003
$0.0045 Q Regular Jan 16, 2003 Mar 04, 2003 Mar 06, 2003 Mar 27, 2003
$0.0045 Q Regular Nov 21, 2002 Dec 09, 2002 Dec 11, 2002 Jan 10, 2003
$0.0045 Q Regular Jul 18, 2002 Aug 30, 2002 Sep 04, 2002 Sep 25, 2002
$0.0045 Q Regular May 15, 2002 Jun 03, 2002 Jun 05, 2002 Jun 26, 2002
$0.0045 Q Regular Jan 17, 2002 Feb 27, 2002 Mar 01, 2002 Mar 26, 2002
$0.0045 Q Regular Nov 15, 2001 Dec 03, 2001 Dec 05, 2001 Jan 04, 2002
$0.0045 Q Regular Jul 19, 2001 Aug 31, 2001 Sep 05, 2001 Sep 27, 2001
$0.0030 Q Regular May 16, 2001 Jun 04, 2001 Jun 06, 2001 Jun 27, 2001
$0.0045 Q Regular Jan 19, 2001 Feb 28, 2001 Mar 02, 2001 Mar 27, 2001
$0.0055 Q Regular Nov 16, 2000 Dec 04, 2000 Dec 06, 2000 Jan 03, 2001
$0.0055 Q Regular Jul 20, 2000 Sep 01, 2000 Sep 06, 2000 Sep 27, 2000
$0.0055 Q Regular May 26, 2000 May 31, 2000 Jun 02, 2000 Jun 27, 2000
$0.0055 Q Regular Feb 04, 2000 Mar 01, 2000 Mar 03, 2000 Mar 28, 2000
$0.0055 Q Regular - Dec 06, 1999 Dec 08, 1999 Jan 04, 2000
$0.0055 Q Regular - Aug 30, 1999 Sep 01, 1999 Sep 22, 1999
$0.0083 Q Regular May 20, 1999 Jun 02, 1999 Jun 04, 1999 Jun 29, 1999
$0.0075 Q Regular Jan 29, 1999 Mar 03, 1999 Mar 05, 1999 Mar 30, 1999
$0.0075 Q Regular Nov 20, 1998 Dec 07, 1998 Dec 09, 1998 Jan 05, 1999
$0.0075 Q Regular Jul 17, 1998 Aug 31, 1998 Sep 02, 1998 Sep 23, 1998
$0.0100 Q Regular May 22, 1998 Jun 03, 1998 Jun 05, 1998 Jun 30, 1998
$0.0100 Q Regular Jan 26, 1998 Mar 04, 1998 Mar 06, 1998 Mar 31, 1998
$0.0100 Q Regular Nov 21, 1997 Dec 08, 1997 Dec 10, 1997 Jan 06, 1998
$0.0115 Q Regular Jul 18, 1997 Aug 29, 1997 Sep 03, 1997 Sep 24, 1997
$0.0115 Q Regular May 16, 1997 May 28, 1997 May 30, 1997 Jun 24, 1997
$0.0115 Q Regular Feb 10, 1997 Feb 26, 1997 Feb 28, 1997 Mar 25, 1997
$0.0110 Q Regular Nov 22, 1996 Dec 09, 1996 Dec 11, 1996 Jan 07, 1997
$0.0110 Q Regular Jul 22, 1996 Aug 30, 1996 Sep 04, 1996 Sep 25, 1996
$0.0110 Q Regular May 21, 1996 May 29, 1996 May 31, 1996 Jun 25, 1996
$0.0110 Q Regular Jan 25, 1996 Feb 28, 1996 Mar 01, 1996 Mar 26, 1996
$0.0100 Q Regular Nov 16, 1995 Dec 04, 1995 Dec 06, 1995 Jan 02, 1996
$0.0100 Q Regular Jul 28, 1995 Sep 01, 1995 Sep 06, 1995 Sep 27, 1995
$0.0100 Q Regular May 19, 1995 May 26, 1995 Jun 02, 1995 Jun 27, 1995
$0.0100 Q Regular - Feb 27, 1995 Mar 03, 1995 Mar 28, 1995
$0.0100 Q Regular - Nov 30, 1994 Dec 06, 1994 Jan 03, 1995
$0.0100 Q Regular - Aug 30, 1994 Sep 06, 1994 Sep 27, 1994
$0.0100 Q Regular - May 27, 1994 Jun 03, 1994 Jun 27, 1994
$0.0100 Q Regular - Feb 28, 1994 Mar 04, 1994 Mar 28, 1994
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