LUV Dividend History & Analysis | 2.3% Yield

LUV has a dividend yield of 2.3% and paid 0.72 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.27%
Dividends per Share 12m 0.72
Dividend Growth Rate CAGR 5y 31.95%
Overall Dividend Rating 49.04%
Yield on Cost 5y 2.05%
Payout Ratio 71.3%
Payouts in the last 12m 4
Payout Consistency 5y -

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Number of Payouts Yearly This chart shows the number of dividend payouts per year. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over the last 5 years in one graph. The price axis is on the left and the dividend yield axis is on the right.

Top Dividend Payers in Passenger Airlines

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap (USD) Dividend Yield TTM Yield on Cost (purchase 5y ago)
CPA 4,864 M 6.14% 13.3%
LHA 10,537 M 4.32% 5.92%
RYAAY 30,639 M 2.97% 4.83%
LTM 14,730 M 2.55% 4.23%
LUV 16,486 M 2.27% 2.05%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap (USD) Growth Rate (CAGR) Payout Consistency
UHAL-B 9,830 M 71.0% 100%
CPA 4,864 M 51.8% 73.7%
LUV 16,486 M 32.0% 88.3%
DAL 40,085 M 4.41% 71.7%
ALGT 1,188 M -100% 60.8%

Similar Stocks with Attractive Dividends - Compare LUV Dividends with its Peer-Group

CPA
Copa Holdings
6.14% Yield

LUV Dividend History: Last 50 Payments (USD) as of September 2025

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-09-03 2025-09-03 2025-09-24 Quarterly 0.18 0% 0.56%
2025-06-18 2025-06-18 2025-07-09 Quarterly 0.18 0% 0.57%
2025-03-12 2025-03-12 2025-04-02 Quarterly 0.18 0% 0.59%
2024-12-26 2024-12-26 2025-01-16 Quarterly 0.18 0% 0.53%
2024-09-04 2024-09-04 2024-09-25 Quarterly 0.18 0% 0.61%
2024-06-18 2024-06-19 2024-07-10 Quarterly 0.18 0% 0.63%
2024-03-05 2024-03-06 2024-03-27 Quarterly 0.18 0% 0.53%
2023-12-20 2023-12-21 2024-01-11 Quarterly 0.18 0% 0.62%
2023-09-05 2023-09-06 2023-09-27 Quarterly 0.18 0% 0.58%
2023-06-20 2023-06-21 2023-07-12 Quarterly 0.18 0% 0.53%
2023-03-07 2023-03-08 2023-03-29 Quarterly 0.18 0% 0.53%
2023-01-09 2023-01-10 2023-01-31 Quarterly 0.18 0% 0.51%
2020-03-03 2020-03-04 2020-03-25 Quarterly 0.18 0% N/A
2019-12-10 2019-12-11 2020-01-08 Quarterly 0.18 0% N/A
2019-08-20 2019-08-21 2019-09-11 Quarterly 0.18 0% N/A
2019-06-04 2019-06-05 2019-06-26 Quarterly 0.18 12.5% N/A
2019-03-05 2019-03-06 2019-03-27 Quarterly 0.16 0% N/A
2018-12-04 2018-12-05 2019-01-02 Quarterly 0.16 0% N/A
2018-08-21 2018-08-22 2018-09-12 Quarterly 0.16 0% N/A
2018-06-05 2018-06-06 2018-06-27 Quarterly 0.16 28% N/A
2018-03-06 2018-03-07 2018-03-28 Quarterly 0.125 0% N/A
2017-12-06 2017-12-07 2018-01-04 Quarterly 0.125 0% N/A
2017-08-22 2017-08-24 2017-09-14 Quarterly 0.125 0% N/A
2017-06-05 2017-06-07 2017-06-28 Quarterly 0.125 25% N/A
2017-03-07 2017-03-09 2017-03-30 Quarterly 0.1 0% N/A
2016-12-06 2016-12-08 2017-01-05 Quarterly 0.1 0% N/A
2016-08-16 2016-08-18 2016-09-08 Quarterly 0.1 0% N/A
2016-06-06 2016-06-08 2016-06-29 Quarterly 0.1 33.3% N/A
2016-03-01 2016-03-03 2016-03-24 Quarterly 0.075 0% N/A
2015-12-08 2015-12-10 2016-01-07 Quarterly 0.075 0% N/A
2015-08-18 2015-08-20 2015-09-10 Quarterly 0.075 0% N/A
2015-06-01 2015-06-03 2015-06-24 Quarterly 0.075 25% N/A
2015-03-03 2015-03-05 2015-03-26 Quarterly 0.06 0% N/A
2014-12-09 2014-12-11 2015-01-02 Quarterly 0.06 0% N/A
2014-08-19 2014-08-21 2014-09-12 Quarterly 0.06 0% N/A
2014-06-02 2014-06-04 2014-06-25 Quarterly 0.06 50% N/A
2014-03-04 2014-03-06 2014-03-27 Quarterly 0.04 0% N/A
2013-12-10 2013-12-12 2014-01-02 Quarterly 0.04 0% N/A
2013-08-06 2013-08-08 2013-08-29 Quarterly 0.04 0% N/A
2013-06-03 2013-06-05 2013-06-26 Quarterly 0.04 300% N/A
2013-03-05 2013-03-07 2013-03-28 Quarterly 0.01 0% N/A
2012-12-04 2012-12-06 2013-01-03 Quarterly 0.01 0% N/A
2012-08-14 2012-08-16 2012-09-06 Quarterly 0.01 0% N/A
2012-06-04 2012-06-06 2012-06-20 Quarterly 0.01 100% N/A
2012-02-28 2012-03-01 2012-03-22 Quarterly 0.005 0% N/A
2011-12-06 2011-12-08 2012-01-05 Quarterly 0.005 0% N/A
2011-08-23 2011-08-25 2011-09-15 Quarterly 0.005 0% N/A
2011-06-06 2011-06-08 2011-06-22 Quarterly 0.005 0% N/A
2011-03-01 2011-03-03 2011-03-24 Quarterly 0.005 0% N/A
2010-12-07 2010-12-09 2011-01-06 Quarterly 0.005 0% N/A

LUV Dividend FAQ

Southwest Airlines Co. is a leading passenger airline company operating in the United States and near-international markets, with a fleet of 803 Boeing 737 aircraft serving 117 destinations across 42 states and 10 countries. The company offers a range of services, including in-flight entertainment, Rapid Rewards loyalty program, and digital platforms to support customers travel needs.

What is the Dividend Yield of LUV?

As of September 2025, LUV`s dividend yield is 2.27%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.72 USD by the current share price of 32.12.

Does LUV pay a dividend?

As of September 2025, LUV paid a dividend of 0.72 USD in the last 12 months. The last dividend was paid on 2025-09-03 and the payout was 0.18 USD.

How often does LUV pay dividends?

LUV pays dividends quarterly. Over the last 12 months, LUV has issued 4 dividend payments. The last dividend payment was made on 2025-09-03.

Will LUV pay dividends in 2025?

The latest dividend paid per share was 0.18 USD with an Ex-Dividend Date of 2025-09-03. The next Ex-Dividend date for Southwest Airlines (LUV) is currently unknown.

What is the next Ex-Dividend Date for LUV?

The next Ex-Dividend date for Southwest Airlines (LUV) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of LUV?

LUV's average dividend growth rate over the past 5 years is 32.0% per year.
Strong growth: LUV's Dividend growth is outpacing inflation.

What is the Yield on Cost of LUV?

LUV's 5-Year Yield on Cost is 2.05%. If you bought LUV's shares at 35.06 USD five years ago, your current annual dividend income (0.72 USD per share, trailing 12 months) equals 2.05% of your original purchase price.

What is the Payout Consistency of LUV?

LUV Payout Consistency is 88.3%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Moderately consistent: Southwest Airlines has a good track record of consistent dividend payments over its lifetime.

Does LUV have a good Dividend Yield?

LUV`s 2.27% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of LUV?

The Dividend Payout Ratio of LUV is 71.3%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of LUV?

LUV`s Overall Dividend Rating is 49.04%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

LUV Outstanding Shares Analysis

What is the Trend in LUV`s Outstanding Shares (CAGR)?

Southwest Airlines`s outstanding shares have decreased by approximately -1.50% annually over the past 3 years (Correlation: -6.2%), positively influencing the share price.

Has Southwest Airlines ever had a Stock Split?

Yes, the last Stock Split was on 2001-02-16 with a factor of 3:2. This stock split increased the number of shares and lowered the price per share by a ratio of 1.5.
Year Number of Shares Annual Growth Rate
1985 840,000,000
1986 706,666,700 -15.87%
1987 680,000,000 -3.77%
1988 665,000,000 -2.21%
1989 820,000,000 +23.31%
1990 766,666,700 -6.5%
1991 523,333,300 -31.74%
1992 672,500,000 +28.5%
1993 731,666,700 +8.8%
1994 732,500,000 +0.11%
1995 660,000,000 -9.9%
1996 727,142,900 +10.17%
1997 777,777,800 +6.96%
1998 736,923,100 -5.25%
1999 745,735,500 +1.2%
2000 760,225,000 +1.94%
2001 769,369,000 +1.2%
2002 778,000,000 +1.12%
2003 785,000,000 +0.9%
2004 784,000,000 -0.13%
2005 803,000,000 +2.42%
2006 786,000,000 -2.12%
2007 733,000,000 -6.74%
2008 740,000,000 +0.95%
2009 743,000,000 +0.41%
2010 748,000,000 +0.67%
2011 771,000,000 +3.07%
2012 736,000,000 -4.54%
2013 707,000,000 -3.94%
2014 686,000,000 -2.97%
2015 656,000,000 -4.37%
2016 621,000,000 -5.34%
2017 594,000,000 -4.35%
2018 561,000,000 -5.56%
2019 527,000,000 -6.06%
2020 590,000,000 +11.95%
2021 603,000,000 +2.2%
2022 594,000,000 -1.49%
2023 596,000,000 +0.34%
2024 641,000,000 +7.55%
2025 541,000,000 -15.6%

Key Metric Definitions

  • Dividend Yield: Annual dividend per share divided by current share price.
  • Dividend Growth Rate: Compound annual growth rate of annual dividend per share over the last 5 years.
  • Payout Ratio: Percentage of earnings paid as dividends (TTM).
  • Payout Consistency: % of eligible periods with uninterrupted or increased dividends, measured over the entire lifetime of the stock or fund.
  • Payout Frequency: Number of dividends paid in the last 12m (TTM).
  • Overall Dividend Rating: Proprietary composite score, quantified on a scale from 0 to +100. Ratings surpassing 70 are regarded as favorable, while those exceeding 85 are strong.
  • Total Return: Price appreciation plus dividends over specified period.
  • Market Cap: Figures are in millions of the corresponding currency.

Last update: 2025-09-17 02:46