Southwest Airlines Co. (NYSE:LUV) Announces Quarterly Dividend of $0.18

Southwest Airlines Co. (NYSE:LUV) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.18 per share by the airline on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, June 11th.

Southwest Airlines has increased its dividend payment by an average of 0.3%per year over the last three years. Southwest Airlines has a payout ratio of 28.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Southwest Airlines to earn $5.04 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 14.3%.

Southwest Airlines Price Performance

Shares of NYSE:LUV traded up $0.17 on Friday, hitting $41.56. The company had a trading volume of 800,234 shares, compared to its average volume of 9,346,880. The company has a current ratio of 0.48, a quick ratio of 0.41 and a debt-to-equity ratio of 0.66. Southwest Airlines has a 52-week low of $28.98 and a 52-week high of $55.11. The business has a 50 day moving average of $40.90 and a 200 day moving average of $40.61. The company has a market cap of $20.31 billion, a PE ratio of 26.78, a PEG ratio of 0.44 and a beta of 1.12.

Southwest Airlines (NYSE:LUV) last posted its quarterly earnings data on Wednesday, April 22nd. The airline reported $0.45 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.45. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. The business had revenue of $7.25 billion during the quarter, compared to analyst estimates of $8.46 billion. During the same quarter in the previous year, the business posted ($0.13) earnings per share. The company’s revenue was up 12.8% on a year-over-year basis. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. As a group, equities analysts anticipate that Southwest Airlines will post 2.9 earnings per share for the current fiscal year.

About Southwest Airlines

Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest’s operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.

Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.