Southwest Airlines Co. Dividend History | Yield & Payout Insights

Dividend history and payout analysis for Southwest Airlines Co. (LUV). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

44 years
Metric (FY)20252024202320202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989198819871986198519841983198219811980
Dividends per share (FY)$0.72$0.72$0.90$0.18$0.70$0.60$0.46$0.37$0.27$0.22$0.13$0.03$0.01N/A$0.01N/AN/AN/A$0.01N/AN/AN/AN/A$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.12$0.14$0.16$0.13$0.12$0.12$0.12$0.12$0.16$0.32$0.32$0.32
Dividend yield (FY) %N/A2.14%2.49%0.71%1.28%1.25%0.70%0.71%0.63%0.48%0.53%0.29%0.21%0.13%0.15%0.21%0.15%0.12%0.11%0.11%0.11%0.10%0.10%0.07%0.13%0.12%0.12%0.19%0.17%0.23%0.10%0.18%0.28%0.53%0.55%0.65%0.96%0.62%0.48%N/AN/AN/AN/AN/A
Payout ratio (FY) %N/A92.47%92.04%-6.12%16.17%13.47%7.86%9.89%8.25%12.24%9.42%5.23%7.87%2.83%13.13%7.30%2.17%2.81%2.55%4.47%3.17%5.76%2.63%1.82%2.29%2.14%2.07%3.00%3.15%3.19%3.18%4.73%15.61%8.70%5.87%7.19%18.73%8.03%8.03%N/AN/AN/AN/AN/A

Dividend Payout History

100 payments
Pay DateEx-DateRecord DateAmount
2026-01-16December 26, 252025-12-26$0.18
2025-09-24September 03, 252025-09-03$0.18
2025-07-09June 18, 252025-06-18$0.18
2025-04-02March 12, 252025-03-12$0.18
2025-01-16December 26, 242024-12-26$0.18
2024-09-25September 04, 242024-09-04$0.18
2024-07-10June 18, 242024-06-19$0.18
2024-03-27March 05, 242024-03-06$0.18
2024-01-11December 20, 232023-12-21$0.18
2023-09-27September 05, 232023-09-06$0.18
2023-07-12June 20, 232023-06-21$0.18
2023-03-29March 07, 232023-03-08$0.18
2023-01-31January 09, 232023-01-10$0.18
2020-03-25March 03, 202020-03-04$0.18
2020-01-08December 10, 192019-12-11$0.18
2019-09-11August 20, 192019-08-21$0.18
2019-06-26June 04, 192019-06-05$0.18
2019-03-27March 05, 192019-03-06$0.16
2019-01-02December 04, 182018-12-05$0.16
2018-09-12August 21, 182018-08-22$0.16
2018-06-27June 05, 182018-06-06$0.16
2018-03-28March 06, 182018-03-07$0.12
2018-01-04December 06, 172017-12-07$0.12
2017-09-14August 22, 172017-08-24$0.12
2017-06-28June 05, 172017-06-07$0.12
2017-03-30March 07, 172017-03-09$0.10
2017-01-05December 06, 162016-12-08$0.10
2016-09-08August 16, 162016-08-18$0.10
2016-06-29June 06, 162016-06-08$0.10
2016-03-24March 01, 162016-03-03$0.07
2016-01-07December 08, 152015-12-10$0.07
2015-09-10August 18, 152015-08-20$0.07
2015-06-24June 01, 152015-06-03$0.07
2015-03-26March 03, 152015-03-05$0.06
2015-01-02December 09, 142014-12-11$0.06
2014-09-12August 19, 142014-08-21$0.06
2014-06-25June 02, 142014-06-04$0.06
2014-03-27March 04, 142014-03-06$0.04
2014-01-02December 10, 132013-12-12$0.04
2013-08-29August 06, 132013-08-08$0.04
2013-06-26June 03, 132013-06-05$0.04
2013-03-28March 05, 132013-03-07$0.01
2013-01-03December 04, 122012-12-06$0.01
2012-09-06August 14, 122012-08-16$0.01
2012-06-20June 04, 122012-06-06$0.01
2012-03-22February 28, 122012-03-01$0.00
2012-01-05December 06, 112011-12-08$0.00
2011-09-15August 23, 112011-08-25$0.00
2011-06-22June 06, 112011-06-08$0.00
2011-03-24March 01, 112011-03-03$0.01
2011-01-06December 07, 102010-12-09$0.00
2010-09-16August 24, 102010-08-26$0.00
2010-06-23June 07, 102010-06-09$0.00
2010-03-25March 02, 102010-03-04$0.00
2010-01-07December 08, 092009-12-10$0.00
2009-09-24September 01, 092009-09-03$0.01
2009-06-24June 08, 092009-06-10$0.00
2009-03-19February 24, 092009-02-26$0.00
2009-01-08December 09, 082008-12-11$0.00
2008-09-18August 26, 082008-08-28$0.00
2008-06-26June 10, 082008-06-12$0.00
2008-03-20February 26, 082008-02-28$0.00
2008-01-03December 04, 072007-12-06$0.00
2007-09-20August 28, 072007-08-30$0.00
2007-06-28June 05, 072007-06-07$0.00
2007-03-22February 27, 072007-03-01$0.00
2007-01-04December 05, 062006-12-07$0.00
2006-09-21August 29, 062006-08-31$0.00
2006-06-29June 06, 062006-06-08$0.00
2006-03-23February 28, 062006-03-02$0.00
2006-01-05December 06, 052005-12-08$0.00
2005-09-22August 30, 052005-09-01$0.00
2005-06-30June 07, 052005-06-09$0.00
2005-03-24March 01, 052005-03-03$0.01
2005-01-06December 07, 042004-12-09$0.00
2004-09-23August 31, 042004-09-02$0.00
2004-06-30June 08, 042004-06-10$0.00
2004-03-25March 02, 042004-03-04$0.00
2004-01-06December 03, 032003-12-05$0.00
2003-09-24August 29, 032003-09-03$0.00
2003-06-25June 02, 032003-06-04$0.00
2003-03-27March 04, 032003-03-06$0.00
2003-01-10December 09, 022002-12-11$0.00
2002-09-25August 30, 022002-09-04$0.00
2002-06-26June 03, 022002-06-05$0.00
2002-03-26February 27, 022002-03-01$0.00
2002-01-04December 03, 012001-12-05$0.00
2001-09-27August 31, 012001-09-05$0.00
2001-06-27June 04, 012001-06-06$0.00
2001-03-27February 28, 012001-03-02$0.00
2001-01-03December 04, 002000-12-06$0.01
2000-09-27September 01, 002000-09-06$0.01
2000-06-27May 31, 002000-06-02$0.01
2000-03-28March 01, 002000-03-03$0.01
2000-01-04December 06, 991999-12-08$0.01
1999-09-22August 30, 991999-09-01$0.01
1999-06-29June 02, 991999-06-04$0.01
1999-03-30March 03, 991999-03-05$0.01
1999-01-05December 07, 981998-12-09$0.01
1998-09-23August 31, 981998-09-02$0.01

Frequently Asked Questions

What is Southwest Airlines Co.'s current dividend yield and payout ratio?

The dividend yield shows how much Southwest Airlines Co. returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Southwest Airlines Co.'s dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Southwest Airlines Co., investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Southwest Airlines Co. a high-yield stock compared to its industry peers?

Comparing Southwest Airlines Co.'s dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Southwest Airlines Co. maintain its dividend during market downturns?

Analyzing Southwest Airlines Co.'s liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Southwest Airlines Co. dividends as part of my long-term investment strategy?

Investors often include Southwest Airlines Co. dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.