Southwest Airlines (LUV) Dividend History & Analysis

Track McKesson's (LUV) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 2.66%
Dividends per Share 12m 0.72
Dividend Growth Rate 5y 31.95%
Overall Dividend Rating 50.15%
Yield on Cost 5y 2.22%
Payout Ratio 77.4%
Payout Frequency 12m 4
Payout Consistency 87.7%
Total Return 12m: -11.55%
#9 in Group
Total Return 5y: -23.56%
#16 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Passenger Airlines

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
LUV 14,899m 2.66% 2.22%
CPA 3,877m 7.41% 17.4%
LHA 9,196m 9.82% 10.0%
EIF 1,810m 5.03% 14.6%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
LUV 14,899m 32.0% 77.4%
UHAL-B 12,212m 71.0% 9.50%
CPA 3,877m 51.8% 44.2%
EIF 1,810m 2.98% 30.0%

Similar Stocks with Attractive Dividends

CPA
Copa Holdings
7.41% Yield
EIF
Exchange Income
5.03% Yield
ENT
Enter Air S.A.
7.36% Yield

LUV Dividend History: Last 40 Payments (USD)

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

LUV Dividend FAQ

Does LUV pay dividends?

Yes, as of April 2025, LUV paid a dividend of 0.72 USD in the last 12 months. The last dividend was paid on 2025-03-12.

What is the Dividend Yield of LUV?

As of April 2025, LUV`s dividend yield is 2.66%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 720K USD by the current share price of 28.55.

How often does LUV pay dividends?

LUV pays dividends quarterly. Over the last 12 months (TTM), LUV has issued 4 dividend payments.

What is the next Ex-Dividend Date for LUV?

The next ex-dividend date for Southwest Airlines (LUV) is unknown.

What is the Dividend Growth of LUV?

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

What is the Yield on Cost of LUV?

LUV's 5-Year Yield on Cost is 2.22M%. This represents the effective dividend yield for an investor who bought Southwest Airlines five years ago. It is calculated as the sum of all trailing 12-month dividends (720K) divided by the purchase price five years ago (32.38):

What is the Payout Consistency of LUV?

LUV Payout Consistency is 87.7%.
Moderately consistent: Southwest Airlines has a good track record of consistent dividend payments.

Does LUV have a good Dividend Yield?

LUV`s 2.66% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of LUV?

The Dividend Payout Ratio of LUV is 77.4%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of LUV?

LUV`s Overall Dividend Rating is 50.15%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

LUV Outstanding Shares Analysis

What is the Trend in LUV`s Outstanding Shares?

Southwest Airlines`s outstanding shares have increased by approximately 1.67% annually over the past 5 years (Correlation: 70.0%), negatively influencing stock price.

Has Southwest Airlines 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 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%