Annual Dividend (TTM)
$0.7200
Quarterly
Dividend Yield
1.33%
Last ex-date: Mar 12, 2026
Payout Ratio (TTM)
85.07%
Percentage of earnings paid as dividends
Dividend Growth
-
Year-over-year change

Southwest Airlines Co. (LUV) Dividend Statistics & Metrics

Comprehensive dividend yields, CAGR growth rates, payout ratios, and payment frequency analysis

Payment Details

Dividend payment schedule and frequency details

FrequencyQuarterly
Last Payment$0.1800
Last Ex-DateMar 12, 2026
Last Payment DateApr 2, 2026

Growth Metrics

Dividend CAGR and consecutive years of growth

TTM Growth (YoY)0.00%
3-Year CAGR58.74%
5-Year CAGR3.54%
10-Year CAGR18.67%

Historical Averages

Multi-year dividend averages and payout ratio

Payout Ratio (TTM)85.07%
5-Year Average$0.6440
10-Year Average$0.5180
First PaymentMar 3, 1980

Southwest Airlines Co. (LUV) Dividend Payment History

Complete ex-dividend dates, record dates, payment dates, amounts, and frequency

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Complete dividend payment history including ex-dividend dates, record dates, payment dates, declaration dates, amounts, frequency, and type
Ex-Dividend DateRecord DatePayment DateDeclaration DateAmountFrequency
Mar 12, 2026-Apr 2, 2026Feb 5, 2026$0.1800Quarterly
Dec 26, 2025Dec 26, 2025Jan 16, 2026Nov 20, 2025$0.1800Quarterly
Sep 3, 2025Sep 3, 2025Sep 24, 2025Jul 31, 2025$0.1800Quarterly
Jun 18, 2025Jun 18, 2025Jul 9, 2025May 13, 2025$0.1800Quarterly
Mar 12, 2025Mar 12, 2025Apr 2, 2025Feb 5, 2025$0.1800Quarterly
Dec 26, 2024Dec 26, 2024Jan 16, 2025Nov 21, 2024$0.1800Quarterly
Sep 4, 2024Sep 4, 2024Sep 25, 2024Jul 31, 2024$0.1800Quarterly
Jun 18, 2024Jun 19, 2024Jul 10, 2024May 15, 2024$0.1800Quarterly
Mar 5, 2024Mar 6, 2024Mar 27, 2024Jan 31, 2024$0.1800Quarterly
Dec 20, 2023Dec 21, 2023Jan 11, 2024Nov 16, 2023$0.1800Quarterly
Sep 5, 2023Sep 6, 2023Sep 27, 2023Aug 2, 2023$0.1800Quarterly
Jun 20, 2023Jun 21, 2023Jul 12, 2023May 17, 2023$0.1800Quarterly
Mar 7, 2023Mar 8, 2023Mar 29, 2023Feb 1, 2023$0.1800Quarterly
Jan 9, 2023Jan 10, 2023Jan 31, 2023Dec 6, 2022$0.1800Quarterly
Mar 3, 2020-Mar 25, 2020Jan 29, 2020$0.1800Quarterly
Dec 10, 2019-Jan 8, 2020Nov 20, 2019$0.1800Quarterly
Aug 20, 2019-Sep 11, 2019Jul 31, 2019$0.1800Quarterly
Jun 4, 2019-Jun 26, 2019May 15, 2019$0.1800Quarterly
Mar 5, 2019-Mar 27, 2019Jan 30, 2019$0.1600Quarterly
Dec 4, 2018-Jan 2, 2019Nov 14, 2018$0.1600Quarterly
Aug 21, 2018-Sep 12, 2018Aug 1, 2018$0.1600Quarterly
Jun 5, 2018-Jun 27, 2018May 16, 2018$0.1600Quarterly
Mar 6, 2018-Mar 28, 2018Jan 31, 2018$0.1250Quarterly
Dec 6, 2017-Jan 4, 2018Nov 16, 2017$0.1250Quarterly
Aug 22, 2017-Sep 14, 2017Aug 3, 2017$0.1250Quarterly
Jun 5, 2017-Jun 28, 2017May 17, 2017$0.1250Quarterly
Mar 7, 2017-Mar 30, 2017Feb 2, 2017$0.1000Quarterly
Dec 6, 2016-Jan 5, 2017Nov 17, 2016$0.1000Quarterly
Aug 16, 2016-Sep 8, 2016Jul 28, 2016$0.1000Quarterly
Jun 6, 2016-Jun 29, 2016May 18, 2016$0.1000Quarterly
Mar 1, 2016-Mar 24, 2016Jan 28, 2016$0.0750Quarterly
Dec 8, 2015-Jan 7, 2016Nov 20, 2015$0.0750Quarterly
Aug 18, 2015-Sep 10, 2015Jul 30, 2015$0.0750Quarterly
Jun 1, 2015-Jun 24, 2015May 13, 2015$0.0750Quarterly
Mar 3, 2015-Mar 26, 2015Jan 29, 2015$0.0600Quarterly
Dec 9, 2014-Jan 2, 2015Nov 20, 2014$0.0600Quarterly
Aug 19, 2014-Sep 12, 2014Jul 30, 2014$0.0600Quarterly
Jun 2, 2014-Jun 25, 2014May 14, 2014$0.0600Quarterly
Mar 4, 2014-Mar 27, 2014Jan 30, 2014$0.0400Quarterly
Dec 10, 2013-Jan 2, 2014Nov 21, 2013$0.0400Quarterly
Aug 6, 2013-Aug 29, 2013Jul 17, 2013$0.0400Quarterly
Jun 3, 2013-Jun 26, 2013May 15, 2013$0.0400Quarterly
Mar 5, 2013-Mar 28, 2013Jan 31, 2013$0.0100Quarterly
Dec 4, 2012-Jan 3, 2013Nov 15, 2012$0.0100Quarterly
Aug 14, 2012-Sep 6, 2012Jul 26, 2012$0.0100Quarterly
Jun 4, 2012-Jun 20, 2012May 18, 2012$0.0100Quarterly
Feb 28, 2012-Mar 22, 2012Jan 26, 2012$0.0050Quarterly
Dec 6, 2011-Jan 5, 2012Nov 17, 2011$0.0050Quarterly
Aug 23, 2011-Sep 15, 2011Jul 28, 2011$0.0050Quarterly
Jun 6, 2011-Jun 22, 2011May 18, 2011$0.0050Quarterly
Mar 1, 2011-Mar 24, 2011Jan 27, 2011$0.0050Quarterly
Dec 7, 2010-Jan 6, 2011Nov 18, 2010$0.0050Quarterly
Aug 24, 2010-Sep 16, 2010Jul 15, 2010$0.0050Quarterly
Jun 7, 2010-Jun 23, 2010May 19, 2010$0.0050Quarterly
Mar 2, 2010-Mar 25, 2010Jan 28, 2010$0.0050Quarterly
Dec 8, 2009-Jan 7, 2010Nov 19, 2009$0.0050Quarterly
Sep 1, 2009-Sep 24, 2009Jul 23, 2009$0.0050Quarterly
Jun 8, 2009-Jun 24, 2009May 20, 2009$0.0050Quarterly
Feb 24, 2009-Mar 19, 2009Jan 15, 2009$0.0050Quarterly
Dec 9, 2008-Jan 8, 2009Nov 20, 2008$0.0050Quarterly
Aug 26, 2008-Sep 18, 2008Jul 17, 2008$0.0050Quarterly
Jun 10, 2008-Jun 26, 2008May 21, 2008$0.0050Quarterly
Feb 26, 2008-Mar 20, 2008Jan 17, 2008$0.0050Quarterly
Dec 4, 2007-Jan 3, 2008Nov 15, 2007$0.0050Quarterly
Aug 28, 2007-Sep 20, 2007Jul 19, 2007$0.0050Quarterly
Jun 5, 2007-Jun 28, 2007May 16, 2007$0.0050Quarterly
Feb 27, 2007-Mar 22, 2007Jan 18, 2007$0.0050Quarterly
Dec 5, 2006-Jan 4, 2007Nov 16, 2006$0.0050Quarterly
Aug 29, 2006-Sep 21, 2006Jul 20, 2006$0.0050Quarterly
Jun 6, 2006-Jun 29, 2006May 17, 2006$0.0050Quarterly
Feb 28, 2006-Mar 23, 2006Jan 20, 2006$0.0050Quarterly
Dec 6, 2005-Jan 5, 2006Nov 17, 2005$0.0050Quarterly
Aug 30, 2005-Sep 22, 2005Jul 25, 2005$0.0050Quarterly
Jun 7, 2005-Jun 30, 2005May 18, 2005$0.0050Quarterly
Mar 1, 2005-Mar 24, 2005Jan 20, 2005$0.0050Quarterly
Dec 7, 2004-Jan 6, 2005Nov 18, 2004$0.0050Quarterly
Aug 31, 2004-Sep 23, 2004Jul 16, 2004$0.0050Quarterly
Jun 8, 2004-Jun 30, 2004May 19, 2004$0.0050Quarterly
Mar 2, 2004-Mar 25, 2004Jan 15, 2004$0.0050Quarterly
Dec 3, 2003-Jan 6, 2004Nov 20, 2003$0.0050Quarterly
Aug 29, 2003-Sep 24, 2003Jul 17, 2003$0.0050Quarterly
Jun 2, 2003-Jun 25, 2003May 14, 2003$0.0050Quarterly
Mar 4, 2003-Mar 27, 2003Jan 16, 2003$0.0050Quarterly
Dec 9, 2002-Jan 10, 2003Nov 21, 2002$0.0050Quarterly
Aug 30, 2002-Sep 25, 2002Jul 18, 2002$0.0050Quarterly
Jun 3, 2002-Jun 26, 2002May 15, 2002$0.0050Quarterly
Feb 27, 2002-Mar 26, 2002Jan 17, 2002$0.0050Quarterly
Dec 3, 2001-Jan 4, 2002Nov 15, 2001$0.0050Quarterly
Aug 31, 2001-Sep 27, 2001Jul 19, 2001$0.0050Quarterly
Jun 4, 2001-Jun 27, 2001May 16, 2001$0.0030Quarterly
Feb 28, 2001-Mar 27, 2001Jan 19, 2001$0.0050Quarterly
Dec 4, 2000-Jan 3, 2001Nov 16, 2000$0.0040Quarterly
Sep 1, 2000-Sep 27, 2000Jul 20, 2000$0.0040Quarterly
May 31, 2000-Jun 27, 2000May 26, 2000$0.0040Quarterly
Mar 1, 2000-Mar 28, 2000Feb 4, 2000$0.0040Quarterly
Dec 6, 1999-Jan 4, 2000-$0.0040Quarterly
Aug 30, 1999-Sep 22, 1999-$0.0033-
Jun 2, 1999-Jun 29, 1999May 20, 1999$0.0036Quarterly
Mar 3, 1999-Mar 30, 1999Jan 29, 1999$0.0036Quarterly
Dec 7, 1998-Jan 5, 1999Nov 20, 1998$0.0036Quarterly
Aug 31, 1998-Sep 23, 1998Jul 17, 1998$0.0036Quarterly
Jun 3, 1998-Jun 30, 1998May 22, 1998$0.0030Quarterly
Mar 4, 1998-Mar 31, 1998Jan 26, 1998$0.0030Quarterly
Dec 8, 1997-Jan 6, 1998Nov 21, 1997$0.0030Quarterly
Aug 29, 1997-Sep 24, 1997Jul 18, 1997$0.0024Quarterly
May 28, 1997-Jun 24, 1997May 16, 1997$0.0024Quarterly
Feb 26, 1997-Mar 25, 1997Feb 10, 1997$0.0024Quarterly
Dec 9, 1996-Jan 7, 1997Nov 22, 1996$0.0020Quarterly
Aug 30, 1996-Sep 25, 1996Jul 22, 1996$0.0020Quarterly
Aug 28, 1996-Aug 28, 1996-$0.0111-
May 29, 1996-Jun 25, 1996May 21, 1996$0.0020Quarterly
Feb 28, 1996-Mar 26, 1996Jan 25, 1996$0.0020Quarterly
Dec 4, 1995-Jan 2, 1996Nov 16, 1995$0.0020Quarterly
Dec 1, 1995-Dec 1, 1995-$0.0101-
Sep 1, 1995-Sep 27, 1995Jul 28, 1995$0.0020Quarterly
May 29, 1995-May 29, 1995-$0.0101-
May 26, 1995-Jun 27, 1995May 19, 1995$0.0020Quarterly
Feb 27, 1995-Mar 28, 1995-$0.0020Quarterly
Nov 30, 1994-Jan 3, 1995-$0.0020Quarterly
Aug 30, 1994-Sep 27, 1994-$0.0020Quarterly
May 27, 1994-Jun 27, 1994-$0.0020Quarterly
Feb 28, 1994-Mar 28, 1994-$0.0020Quarterly
Nov 30, 1993-Dec 27, 1993-$0.0020Quarterly
Aug 30, 1993-Sep 27, 1993-$0.0020Quarterly
May 28, 1993-Jun 25, 1993-$0.0020Quarterly
Feb 26, 1993-Mar 26, 1993-$0.0020Quarterly
Dec 1, 1992-Dec 28, 1992-$0.0020Quarterly
Aug 31, 1992-Sep 28, 1992-$0.0020Quarterly
Jun 1, 1992-Jun 26, 1992-$0.0018Quarterly
Feb 28, 1992-Mar 26, 1992-$0.0016Quarterly
Nov 29, 1991-Dec 26, 1991-$0.0016Quarterly
Aug 29, 1991-Sep 26, 1991-$0.0016Quarterly
May 31, 1991-Jun 27, 1991-$0.0016Quarterly
Mar 1, 1991-Mar 28, 1991-$0.0016Quarterly
Nov 29, 1990-Dec 20, 1990Nov 19, 1990$0.0016Quarterly
Sep 6, 1990-Sep 26, 1990Jul 20, 1990$0.0016Quarterly
Jun 7, 1990-Jun 28, 1990May 18, 1990$0.0015Quarterly
Mar 5, 1990-Mar 27, 1990Jan 19, 1990$0.0015Quarterly
Nov 29, 1989-Dec 20, 1989Nov 17, 1989$0.0015Quarterly
Sep 1, 1989-Sep 26, 1989Jul 21, 1989$0.0015Quarterly
Jun 7, 1989-Jun 28, 1989May 19, 1989$0.0015-
Mar 6, 1989-Mar 27, 1989Jan 17, 1989$0.0015-
Nov 29, 1988-Dec 20, 1988Nov 18, 1988$0.0015-
Sep 2, 1988-Sep 26, 1988Jul 22, 1988$0.0014-
Jun 7, 1988-Jun 28, 1988May 20, 1988$0.0014-
Mar 4, 1988-Mar 25, 1988Jan 21, 1988$0.0014-
Nov 27, 1987-Dec 18, 1987Nov 20, 1987$0.0014-
Sep 2, 1987-Sep 25, 1987Jul 17, 1987$0.0014-
Jun 8, 1987-Jun 26, 1987May 22, 1987$0.0014-
Mar 4, 1987-Mar 26, 1987Jan 22, 1987$0.0014-
Nov 26, 1986-Nov 26, 1986-$0.0014-
Sep 3, 1986-Sep 3, 1986-$0.0014-
Jun 6, 1986-Jun 6, 1986-$0.0014-
Mar 5, 1986-Mar 5, 1986-$0.0014-
Nov 26, 1985-Nov 26, 1985-$0.0014-
Sep 4, 1985-Sep 4, 1985-$0.0014-
Jun 6, 1985-Jun 6, 1985-$0.0014-
Mar 6, 1985-Mar 6, 1985-$0.0014-
Nov 28, 1984-Nov 28, 1984-$0.0014-
Sep 5, 1984-Sep 5, 1984-$0.0014-
Jun 4, 1984-Jun 4, 1984-$0.0014-
Mar 7, 1984-Mar 7, 1984-$0.0014-
Nov 30, 1983-Nov 30, 1983-$0.0014-
Sep 2, 1983-Sep 2, 1983-$0.0014-
May 31, 1983-May 31, 1983-$0.0014-
Mar 9, 1983-Mar 9, 1983-$0.0014-
Nov 26, 1982-Nov 26, 1982-$0.0014-
Sep 3, 1982-Sep 3, 1982-$0.0014-
Jun 4, 1982-Jun 4, 1982-$0.0014-
Mar 9, 1982-Mar 9, 1982-$0.0014-
Nov 25, 1981-Nov 25, 1981-$0.0014-
Sep 2, 1981-Sep 2, 1981-$0.0011-
Jun 9, 1981-Jun 9, 1981-$0.0011-
Mar 10, 1981-Mar 10, 1981-$0.0011-
Nov 28, 1980-Nov 28, 1980-$0.0011-
Sep 30, 1980-Sep 30, 1980-$0.0011-
Jun 6, 1980-Jun 6, 1980-$0.0008-
Mar 3, 1980-Mar 3, 1980-$0.0008-