LUV (NYSE) - Dividend History and Outstanding Shares
Dividend Rating: 5.25 ✓ Yield 2.73%, Avg. Growth per Year 0.57%, 90.3% Consistency of Payouts and many other metrics.
Dividends per Share Yearly
Number of Payouts Yearly
Outstanding Shares
What is the Trend of LUV`s Outstanding Shares?
The Outstanding Shares of Southwest Airlines Company are shrinking at a rate of -1.40% per year on average over the last 10 years. The Correlation Coefficent of the Outstanding Shares is -35.96%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.Did Southwest Airlines Company ever had a Stock Split?
Yes, 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 (Mill.) | Growth |
|---|---|---|
| 2023 | 596 | +0.34% |
| 2022 | 594 | -1.49% |
| 2021 | 603 | +2.2% |
| 2020 | 590 | +11.95% |
| 2019 | 527 | -6.06% |
| 2018 | 561 | -5.56% |
| 2017 | 594 | -4.35% |
| 2016 | 621 | -5.34% |
| 2015 | 656 | -4.37% |
| 2014 | 686 | -2.97% |
| 2013 | 707 | -3.94% |
| 2012 | 736 | -4.54% |
| 2011 | 771 | +3.07% |
| 2010 | 748 | +0.67% |
| 2009 | 743 | +0.41% |
| 2008 | 740 | +0.95% |
| 2007 | 733 | -6.74% |
| 2006 | 786 | -2.12% |
| 2005 | 803 | +2.42% |
| 2004 | 784 | -0.13% |
| 2003 | 785 | +0.9% |
| 2002 | 778 | +1.12% |
| 2001 | 769.37 | +1.2% |
| 2000 | 760.23 | +1.94% |
| 1999 | 745.74 | +1.2% |
| 1998 | 736.92 | -5.25% |
| 1997 | 777.78 | +6.96% |
| 1996 | 727.14 | +10.17% |
| 1995 | 660 | -9.9% |
| 1994 | 732.5 | +0.11% |
| 1993 | 731.67 | +8.8% |
| 1992 | 672.5 | +28.5% |
| 1991 | 523.33 | -31.74% |
| 1990 | 766.67 | -6.5% |
| 1989 | 820 | +23.31% |
| 1988 | 665 | -2.21% |
| 1987 | 680 | -3.77% |
| 1986 | 706.67 | -15.87% |
| 1985 | 840 |
Dividend Yields, Growth & Consistency
| Overall Dividend Rating | 5.25 | ||
| Dividends Paid 12m | 0.72 | Yield 12m | 2.73% |
| Dividends Paid Average 5y | 0.40 | Yield Average 5y | 1.50% |
| Growth Rate 5y | 0.57% | Yield on Cost 5y | 1.41% |
| Payout Consistency | 90.3% | First Payout | 1980-03-03 |
| Compare LUV Dividends with its Industry Peers | |||
Dividend History - Last 25 Dividends (Paid in USD)
| Date | Period | Dividend Rate | Growth |
|---|---|---|---|
| 2024-03-05 | Quarterly | 0.18 | |
| 2023-12-20 | Quarterly | 0.18 | |
| 2023-09-05 | Quarterly | 0.18 | |
| 2023-06-20 | Quarterly | 0.18 | |
| 2023-03-07 | Quarterly | 0.18 | |
| 2023-01-09 | Quarterly | 0.18 | |
| 2020-03-03 | Quarterly | 0.18 | |
| 2019-12-10 | Quarterly | 0.18 | |
| 2019-08-20 | Quarterly | 0.18 | |
| 2019-06-04 | Quarterly | 0.18 | 12.5% |
| 2019-03-05 | Quarterly | 0.16 | |
| 2018-12-04 | Quarterly | 0.16 | |
| 2018-08-21 | Quarterly | 0.16 | |
| 2018-06-05 | Quarterly | 0.16 | 28% |
| 2018-03-06 | Quarterly | 0.125 | |
| 2017-12-06 | Quarterly | 0.125 | |
| 2017-08-22 | Quarterly | 0.125 | |
| 2017-06-05 | Quarterly | 0.125 | 25% |
| 2017-03-07 | Quarterly | 0.1 | |
| 2016-12-06 | Quarterly | 0.1 | |
| 2016-08-16 | Quarterly | 0.1 | |
| 2016-06-06 | Quarterly | 0.1 | 33.3% |
| 2016-03-01 | Quarterly | 0.075 | |
| 2015-12-08 | Quarterly | 0.075 | |
| 2015-08-18 | Quarterly | 0.075 |
- LUV`s 2.73% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.72 USD by the current stock price.
- 1.41% Yield on Cost is the effective dividend income you'd receive today if you purchased the stock five years ago (Rate of the last 12 Months 0.72 divided by price 5 years ago).
- The 90.3% Payout Consistency of LUV Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
- The Average Dividend Growth Rate of 0.57% per year in the last 5-Years showcases LUV`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
Ratings surpassing 5 are regarded as favorable, while those exceeding 7.5 are exceptionally strong. The calculations includes: Yield, Yield on Cost, Consistency of Payouts and Growth Rates over time.