Annual Dividend (TTM)
$0.7200
Quarterly
LUV
(NYSE)Southwest Airlines Co.
$37.60-- (--)
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Southwest Airlines Co. (LUV) Dividend History
Complete ex-dividend dates, payment schedules, dividend yields, CAGR growth rates, and payout ratios.
Dividend Yield
1.88%
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 CAGR-41.52%
5-Year CAGR-23.79%
10-Year CAGR-1.99%
Historical Averages
Multi-year dividend averages and payout ratio
Payout Ratio (TTM)85.07%
5-Year Average$0.5400
10-Year Average$0.5140
First PaymentMar 3, 1980
LUV Historical Dividend Distribution Trend Chart
Visualize dividend payout amounts, distribution growth trends, income yield patterns, and stock splits over time
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Southwest Airlines Co. (LUV) Dividend Payment History
Complete ex-dividend dates, record dates, payment dates, amounts, and frequency
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| Ex-Dividend Date | Record Date | Payment Date | Declaration Date | Amount | Frequency |
|---|---|---|---|---|---|
| Mar 12, 2026 | Mar 12, 2026 | Apr 2, 2026 | Feb 5, 2026 | $0.1800 | Quarterly |
| Dec 26, 2025 | Dec 26, 2025 | Jan 16, 2026 | Nov 20, 2025 | $0.1800 | Quarterly |
| Sep 3, 2025 | Sep 3, 2025 | Sep 24, 2025 | Jul 31, 2025 | $0.1800 | Quarterly |
| Jun 18, 2025 | Jun 18, 2025 | Jul 9, 2025 | May 13, 2025 | $0.1800 | Quarterly |
| Mar 12, 2025 | Mar 12, 2025 | Apr 2, 2025 | Feb 5, 2025 | $0.1800 | Quarterly |
| Dec 26, 2024 | Dec 26, 2024 | Jan 16, 2025 | Nov 21, 2024 | $0.1800 | Quarterly |
| Sep 4, 2024 | Sep 4, 2024 | Sep 25, 2024 | Jul 31, 2024 | $0.1800 | Quarterly |
| Jun 18, 2024 | Jun 19, 2024 | Jul 10, 2024 | May 15, 2024 | $0.1800 | Quarterly |
| Mar 5, 2024 | Mar 6, 2024 | Mar 27, 2024 | Jan 31, 2024 | $0.1800 | Quarterly |
| Dec 20, 2023 | Dec 21, 2023 | Jan 11, 2024 | Nov 16, 2023 | $0.1800 | Quarterly |
| Sep 5, 2023 | Sep 6, 2023 | Sep 27, 2023 | Aug 2, 2023 | $0.1800 | Quarterly |
| Jun 20, 2023 | Jun 21, 2023 | Jul 12, 2023 | May 17, 2023 | $0.1800 | Quarterly |
| Mar 7, 2023 | Mar 8, 2023 | Mar 29, 2023 | Feb 1, 2023 | $0.1800 | Quarterly |
| Jan 9, 2023 | Jan 10, 2023 | Jan 31, 2023 | Dec 6, 2022 | $0.1800 | Quarterly |
| Mar 3, 2020 | - | Mar 25, 2020 | Jan 29, 2020 | $0.1800 | Quarterly |
| Dec 10, 2019 | - | Jan 8, 2020 | Nov 20, 2019 | $0.1800 | Quarterly |
| Aug 20, 2019 | - | Sep 11, 2019 | Jul 31, 2019 | $0.1800 | Quarterly |
| Jun 4, 2019 | - | Jun 26, 2019 | May 15, 2019 | $0.1800 | Quarterly |
| Mar 5, 2019 | - | Mar 27, 2019 | Jan 30, 2019 | $0.1600 | Quarterly |
| Dec 4, 2018 | - | Jan 2, 2019 | Nov 14, 2018 | $0.1600 | Quarterly |
| Aug 21, 2018 | - | Sep 12, 2018 | Aug 1, 2018 | $0.1600 | Quarterly |
| Jun 5, 2018 | - | Jun 27, 2018 | May 16, 2018 | $0.1600 | Quarterly |
| Mar 6, 2018 | - | Mar 28, 2018 | Jan 31, 2018 | $0.1250 | Quarterly |
| Dec 6, 2017 | - | Jan 4, 2018 | Nov 16, 2017 | $0.1250 | Quarterly |
| Aug 22, 2017 | - | Sep 14, 2017 | Aug 3, 2017 | $0.1250 | Quarterly |
| Jun 5, 2017 | - | Jun 28, 2017 | May 17, 2017 | $0.1250 | Quarterly |
| Mar 7, 2017 | - | Mar 30, 2017 | Feb 2, 2017 | $0.1000 | Quarterly |
| Dec 6, 2016 | - | Jan 5, 2017 | Nov 17, 2016 | $0.1000 | Quarterly |
| Aug 16, 2016 | - | Sep 8, 2016 | Jul 28, 2016 | $0.1000 | Quarterly |
| Jun 6, 2016 | - | Jun 29, 2016 | May 18, 2016 | $0.1000 | Quarterly |
| Mar 1, 2016 | - | Mar 24, 2016 | Jan 28, 2016 | $0.0750 | Quarterly |
| Dec 8, 2015 | - | Jan 7, 2016 | Nov 20, 2015 | $0.0750 | Quarterly |
| Aug 18, 2015 | - | Sep 10, 2015 | Jul 30, 2015 | $0.0750 | Quarterly |
| Jun 1, 2015 | - | Jun 24, 2015 | May 13, 2015 | $0.0750 | Quarterly |
| Mar 3, 2015 | - | Mar 26, 2015 | Jan 29, 2015 | $0.0600 | Quarterly |
| Dec 9, 2014 | - | Jan 2, 2015 | Nov 20, 2014 | $0.0600 | Quarterly |
| Aug 19, 2014 | - | Sep 12, 2014 | Jul 30, 2014 | $0.0600 | Quarterly |
| Jun 2, 2014 | - | Jun 25, 2014 | May 14, 2014 | $0.0600 | Quarterly |
| Mar 4, 2014 | - | Mar 27, 2014 | Jan 30, 2014 | $0.0400 | Quarterly |
| Dec 10, 2013 | - | Jan 2, 2014 | Nov 21, 2013 | $0.0400 | Quarterly |
| Aug 6, 2013 | - | Aug 29, 2013 | Jul 17, 2013 | $0.0400 | Quarterly |
| Jun 3, 2013 | - | Jun 26, 2013 | May 15, 2013 | $0.0400 | Quarterly |
| Mar 5, 2013 | - | Mar 28, 2013 | Jan 31, 2013 | $0.0100 | Quarterly |
| Dec 4, 2012 | - | Jan 3, 2013 | Nov 15, 2012 | $0.0100 | Quarterly |
| Aug 14, 2012 | - | Sep 6, 2012 | Jul 26, 2012 | $0.0100 | Quarterly |
| Jun 4, 2012 | - | Jun 20, 2012 | May 18, 2012 | $0.0100 | Quarterly |
| Feb 28, 2012 | - | Mar 22, 2012 | Jan 26, 2012 | $0.0050 | Quarterly |
| Dec 6, 2011 | - | Jan 5, 2012 | Nov 17, 2011 | $0.0050 | Quarterly |
| Aug 23, 2011 | - | Sep 15, 2011 | Jul 28, 2011 | $0.0050 | Quarterly |
| Jun 6, 2011 | - | Jun 22, 2011 | May 18, 2011 | $0.0050 | Quarterly |
| Mar 1, 2011 | - | Mar 24, 2011 | Jan 27, 2011 | $0.0050 | Quarterly |
| Dec 7, 2010 | - | Jan 6, 2011 | Nov 18, 2010 | $0.0050 | Quarterly |
| Aug 24, 2010 | - | Sep 16, 2010 | Jul 15, 2010 | $0.0050 | Quarterly |
| Jun 7, 2010 | - | Jun 23, 2010 | May 19, 2010 | $0.0050 | Quarterly |
| Mar 2, 2010 | - | Mar 25, 2010 | Jan 28, 2010 | $0.0050 | Quarterly |
| Dec 8, 2009 | - | Jan 7, 2010 | Nov 19, 2009 | $0.0050 | Quarterly |
| Sep 1, 2009 | - | Sep 24, 2009 | Jul 23, 2009 | $0.0050 | Quarterly |
| Jun 8, 2009 | - | Jun 24, 2009 | May 20, 2009 | $0.0050 | Quarterly |
| Feb 24, 2009 | - | Mar 19, 2009 | Jan 15, 2009 | $0.0050 | Quarterly |
| Dec 9, 2008 | - | Jan 8, 2009 | Nov 20, 2008 | $0.0050 | Quarterly |
| Aug 26, 2008 | - | Sep 18, 2008 | Jul 17, 2008 | $0.0050 | Quarterly |
| Jun 10, 2008 | - | Jun 26, 2008 | May 21, 2008 | $0.0050 | Quarterly |
| Feb 26, 2008 | - | Mar 20, 2008 | Jan 17, 2008 | $0.0050 | Quarterly |
| Dec 4, 2007 | - | Jan 3, 2008 | Nov 15, 2007 | $0.0050 | Quarterly |
| Aug 28, 2007 | - | Sep 20, 2007 | Jul 19, 2007 | $0.0050 | Quarterly |
| Jun 5, 2007 | - | Jun 28, 2007 | May 16, 2007 | $0.0050 | Quarterly |
| Feb 27, 2007 | - | Mar 22, 2007 | Jan 18, 2007 | $0.0050 | Quarterly |
| Dec 5, 2006 | - | Jan 4, 2007 | Nov 16, 2006 | $0.0050 | Quarterly |
| Aug 29, 2006 | - | Sep 21, 2006 | Jul 20, 2006 | $0.0050 | Quarterly |
| Jun 6, 2006 | - | Jun 29, 2006 | May 17, 2006 | $0.0050 | Quarterly |
| Feb 28, 2006 | - | Mar 23, 2006 | Jan 20, 2006 | $0.0050 | Quarterly |
| Dec 6, 2005 | - | Jan 5, 2006 | Nov 17, 2005 | $0.0050 | Quarterly |
| Aug 30, 2005 | - | Sep 22, 2005 | Jul 25, 2005 | $0.0050 | Quarterly |
| Jun 7, 2005 | - | Jun 30, 2005 | May 18, 2005 | $0.0050 | Quarterly |
| Mar 1, 2005 | - | Mar 24, 2005 | Jan 20, 2005 | $0.0050 | Quarterly |
| Dec 7, 2004 | - | Jan 6, 2005 | Nov 18, 2004 | $0.0050 | Quarterly |
| Aug 31, 2004 | - | Sep 23, 2004 | Jul 16, 2004 | $0.0050 | Quarterly |
| Jun 8, 2004 | - | Jun 30, 2004 | May 19, 2004 | $0.0050 | Quarterly |
| Mar 2, 2004 | - | Mar 25, 2004 | Jan 15, 2004 | $0.0050 | Quarterly |
| Dec 3, 2003 | - | Jan 6, 2004 | Nov 20, 2003 | $0.0050 | Quarterly |
| Aug 29, 2003 | - | Sep 24, 2003 | Jul 17, 2003 | $0.0050 | Quarterly |
| Jun 2, 2003 | - | Jun 25, 2003 | May 14, 2003 | $0.0050 | Quarterly |
| Mar 4, 2003 | - | Mar 27, 2003 | Jan 16, 2003 | $0.0050 | Quarterly |
| Dec 9, 2002 | - | Jan 10, 2003 | Nov 21, 2002 | $0.0050 | Quarterly |
| Aug 30, 2002 | - | Sep 25, 2002 | Jul 18, 2002 | $0.0050 | Quarterly |
| Jun 3, 2002 | - | Jun 26, 2002 | May 15, 2002 | $0.0050 | Quarterly |
| Feb 27, 2002 | - | Mar 26, 2002 | Jan 17, 2002 | $0.0050 | Quarterly |
| Dec 3, 2001 | - | Jan 4, 2002 | Nov 15, 2001 | $0.0050 | Quarterly |
| Aug 31, 2001 | - | Sep 27, 2001 | Jul 19, 2001 | $0.0050 | Quarterly |
| Jun 4, 2001 | - | Jun 27, 2001 | May 16, 2001 | $0.0030 | Quarterly |
| Feb 28, 2001 | - | Mar 27, 2001 | Jan 19, 2001 | $0.0050 | Quarterly |
| Dec 4, 2000 | - | Jan 3, 2001 | Nov 16, 2000 | $0.0040 | Quarterly |
| Sep 1, 2000 | - | Sep 27, 2000 | Jul 20, 2000 | $0.0040 | Quarterly |
| May 31, 2000 | - | Jun 27, 2000 | May 26, 2000 | $0.0040 | Quarterly |
| Mar 1, 2000 | - | Mar 28, 2000 | Feb 4, 2000 | $0.0040 | Quarterly |
| Dec 6, 1999 | - | Jan 4, 2000 | - | $0.0040 | Quarterly |
| Aug 30, 1999 | - | Sep 22, 1999 | - | $0.0033 | - |
| Jun 2, 1999 | - | Jun 29, 1999 | May 20, 1999 | $0.0036 | Quarterly |
| Mar 3, 1999 | - | Mar 30, 1999 | Jan 29, 1999 | $0.0036 | Quarterly |
| Dec 7, 1998 | - | Jan 5, 1999 | Nov 20, 1998 | $0.0036 | Quarterly |
| Aug 31, 1998 | - | Sep 23, 1998 | Jul 17, 1998 | $0.0036 | Quarterly |
| Jun 3, 1998 | - | Jun 30, 1998 | May 22, 1998 | $0.0030 | Quarterly |
| Mar 4, 1998 | - | Mar 31, 1998 | Jan 26, 1998 | $0.0030 | Quarterly |
| Dec 8, 1997 | - | Jan 6, 1998 | Nov 21, 1997 | $0.0030 | Quarterly |
| Aug 29, 1997 | - | Sep 24, 1997 | Jul 18, 1997 | $0.0024 | Quarterly |
| May 28, 1997 | - | Jun 24, 1997 | May 16, 1997 | $0.0024 | Quarterly |
| Feb 26, 1997 | - | Mar 25, 1997 | Feb 10, 1997 | $0.0024 | Quarterly |
| Dec 9, 1996 | - | Jan 7, 1997 | Nov 22, 1996 | $0.0020 | Quarterly |
| Aug 30, 1996 | - | Sep 25, 1996 | Jul 22, 1996 | $0.0020 | Quarterly |
| Aug 28, 1996 | - | Aug 28, 1996 | - | $0.0111 | - |
| May 29, 1996 | - | Jun 25, 1996 | May 21, 1996 | $0.0020 | Quarterly |
| Feb 28, 1996 | - | Mar 26, 1996 | Jan 25, 1996 | $0.0020 | Quarterly |
| Dec 4, 1995 | - | Jan 2, 1996 | Nov 16, 1995 | $0.0020 | Quarterly |
| Dec 1, 1995 | - | Dec 1, 1995 | - | $0.0101 | - |
| Sep 1, 1995 | - | Sep 27, 1995 | Jul 28, 1995 | $0.0020 | Quarterly |
| May 29, 1995 | - | May 29, 1995 | - | $0.0101 | - |
| May 26, 1995 | - | Jun 27, 1995 | May 19, 1995 | $0.0020 | Quarterly |
| Feb 27, 1995 | - | Mar 28, 1995 | - | $0.0020 | Quarterly |
| Nov 30, 1994 | - | Jan 3, 1995 | - | $0.0020 | Quarterly |
| Aug 30, 1994 | - | Sep 27, 1994 | - | $0.0020 | Quarterly |
| May 27, 1994 | - | Jun 27, 1994 | - | $0.0020 | Quarterly |
| Feb 28, 1994 | - | Mar 28, 1994 | - | $0.0020 | Quarterly |
| Nov 30, 1993 | - | Dec 27, 1993 | - | $0.0020 | Quarterly |
| Aug 30, 1993 | - | Sep 27, 1993 | - | $0.0020 | Quarterly |
| May 28, 1993 | - | Jun 25, 1993 | - | $0.0020 | Quarterly |
| Feb 26, 1993 | - | Mar 26, 1993 | - | $0.0020 | Quarterly |
| Dec 1, 1992 | - | Dec 28, 1992 | - | $0.0020 | Quarterly |
| Aug 31, 1992 | - | Sep 28, 1992 | - | $0.0020 | Quarterly |
| Jun 1, 1992 | - | Jun 26, 1992 | - | $0.0018 | Quarterly |
| Feb 28, 1992 | - | Mar 26, 1992 | - | $0.0016 | Quarterly |
| Nov 29, 1991 | - | Dec 26, 1991 | - | $0.0016 | Quarterly |
| Aug 29, 1991 | - | Sep 26, 1991 | - | $0.0016 | Quarterly |
| May 31, 1991 | - | Jun 27, 1991 | - | $0.0016 | Quarterly |
| Mar 1, 1991 | - | Mar 28, 1991 | - | $0.0016 | Quarterly |
| Nov 29, 1990 | - | Dec 20, 1990 | Nov 19, 1990 | $0.0016 | Quarterly |
| Sep 6, 1990 | - | Sep 26, 1990 | Jul 20, 1990 | $0.0016 | Quarterly |
| Jun 7, 1990 | - | Jun 28, 1990 | May 18, 1990 | $0.0015 | Quarterly |
| Mar 5, 1990 | - | Mar 27, 1990 | Jan 19, 1990 | $0.0015 | Quarterly |
| Nov 29, 1989 | - | Dec 20, 1989 | Nov 17, 1989 | $0.0015 | Quarterly |
| Sep 1, 1989 | - | Sep 26, 1989 | Jul 21, 1989 | $0.0015 | Quarterly |
| Jun 7, 1989 | - | Jun 28, 1989 | May 19, 1989 | $0.0015 | - |
| Mar 6, 1989 | - | Mar 27, 1989 | Jan 17, 1989 | $0.0015 | - |
| Nov 29, 1988 | - | Dec 20, 1988 | Nov 18, 1988 | $0.0015 | - |
| Sep 2, 1988 | - | Sep 26, 1988 | Jul 22, 1988 | $0.0014 | - |
| Jun 7, 1988 | - | Jun 28, 1988 | May 20, 1988 | $0.0014 | - |
| Mar 4, 1988 | - | Mar 25, 1988 | Jan 21, 1988 | $0.0014 | - |
| Nov 27, 1987 | - | Dec 18, 1987 | Nov 20, 1987 | $0.0014 | - |
| Sep 2, 1987 | - | Sep 25, 1987 | Jul 17, 1987 | $0.0014 | - |
| Jun 8, 1987 | - | Jun 26, 1987 | May 22, 1987 | $0.0014 | - |
| Mar 4, 1987 | - | Mar 26, 1987 | Jan 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 | - |
Frequently Asked Questions About Southwest Airlines Co. Dividends
What is LUV's current dividend yield?
Southwest Airlines Co.'s current dividend yield is 1.88%, calculated by dividing the annual dividend by the current stock price.
When is LUV's ex-dividend date?
The most recent ex-dividend date for LUV was March 12, 2026. Check the Dividend Payment History table for upcoming dates.
How often does LUV pay dividends?
Southwest Airlines Co. pays dividends quarterly. View the complete payment history in the table above.
What is LUV's dividend payout ratio?
Southwest Airlines Co.'s payout ratio is 85.07%, indicating the percentage of earnings paid to shareholders as dividends.
What is LUV's dividend growth rate?
Southwest Airlines Co.'s year-over-year dividend growth is 0.00%.