Southwest Airlines Dividends and Buybacks

Dividend criteria checks 2/6

Southwest Airlines is a dividend paying company with a current yield of 2.42%. Next payment date is on 2nd April, 2025 with an ex-dividend date of 12th March, 2025.

Key information

2.4%

Dividend yield

1.1%

Buyback Yield

Total Shareholder Yield3.5%
Future Dividend Yield2.9%
Dividend Growth7.7%
Next dividend pay date02 Apr 25
Ex dividend date12 Mar 25
Dividend per shareUS$0.720
Payout ratio93%

Recent dividend and buyback updates

Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Feb 11
Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Nov 27
Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Recent updates

Southwest Airlines Could Fly High On Demand Growth, But Needs To Improve Margins

Feb 19

Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Feb 11
Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

We Think You Should Be Aware Of Some Concerning Factors In Southwest Airlines' (NYSE:LUV) Earnings

Feb 08
We Think You Should Be Aware Of Some Concerning Factors In Southwest Airlines' (NYSE:LUV) Earnings

Be Wary Of Southwest Airlines (NYSE:LUV) And Its Returns On Capital

Feb 04
Be Wary Of Southwest Airlines (NYSE:LUV) And Its Returns On Capital

Wall Street Lunch: Airline Stocks Take Off

Dec 05

Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Nov 27
Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Nov 21
Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Southwest's Lead From COVID Has Dissipated, And Now They Face The Consequences

Oct 20

Southwest Airlines Stock Jumps: Why I Am Not Impressed

Sep 27

Southwest Airlines Is An Easy Fix, But It's Not Necessarily A Buy

Sep 21

Southwest Airlines (NYSE:LUV) Could Be Struggling To Allocate Capital

Sep 10
Southwest Airlines (NYSE:LUV) Could Be Struggling To Allocate Capital

Southwest Airlines: Elliott Still Trying Too Hard

Sep 04

Wall Street Lunch: Elliott Investment To Meet Southwest Airlines

Aug 26

Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

Aug 20
Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

It's Time To Buy Southwest Airlines Stock And Wait

Aug 15

Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

Aug 03
Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

Southwest Airlines Co. Just Beat EPS By 13%: Here's What Analysts Think Will Happen Next

Jul 31
Southwest Airlines Co. Just Beat EPS By 13%: Here's What Analysts Think Will Happen Next

Southwest Airlines Co.'s (NYSE:LUV) Earnings Haven't Escaped The Attention Of Investors

Jul 20
Southwest Airlines Co.'s (NYSE:LUV) Earnings Haven't Escaped The Attention Of Investors

Southwest Airlines' Recovery Is Encountering Turbulence (Rating Downgrade)

Jul 20

Southwest Airlines: How Can Elliott Help? (Technical Analysis)

Jul 08

When Should You Buy Southwest Airlines Co. (NYSE:LUV)?

Jul 05
When Should You Buy Southwest Airlines Co. (NYSE:LUV)?

Why Elliott Might LUV Southwest Airlines

Jun 10

Southwest Airlines (NYSE:LUV) Has Announced A Dividend Of $0.18

Jun 04
Southwest Airlines (NYSE:LUV) Has Announced A Dividend Of $0.18

Southwest Airlines (NYSE:LUV) Will Pay A Dividend Of $0.18

May 21
Southwest Airlines (NYSE:LUV) Will Pay A Dividend Of $0.18

Upcoming Dividend Payment

TodayFeb 22 2025Ex Dividend DateMar 12 2025Dividend Pay DateApr 02 202521 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LUV's dividend payments have been volatile in the past 10 years.

Growing Dividend: LUV's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Southwest Airlines Dividend Yield vs Market
How does LUV dividend yield compare to the market?
SegmentDividend Yield
Company (LUV)2.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.5%
Industry Average (Airlines)2.8%
Analyst forecast (LUV) (up to 3 years)2.9%

Notable Dividend: LUV's dividend (2.42%) is higher than the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: LUV's dividend (2.42%) is low compared to the top 25% of dividend payers in the US market (4.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (92.6%), LUV's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: LUV is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 10:31
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Southwest Airlines Co. is covered by 42 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Lindsay BettiolAtlantic Equities LLP
Fred LowranceAvondale Partners