Dividends
LUV Dividend History, Yield & Dates
Dividend Yield · Dividend History · Ex-Dividend Date · Payment Date
LUVSouthwest Airlines Co.
Industrials / Airlines, Airports & Air Services
Low Priority
In Line With Peers
Latest quote
- Momentum33
- Value62
- Quality54
- Risk resilience50
- Sentiment—
LUV Dividend answer
Southwest Airlines Co. (LUV) pays a quarterly dividend. Forward dividend yield: 1.81%, or $0.72 a year at the latest dividend. Trailing 12-month yield: 1.81%, from $0.72 per share paid over the past year. Its latest dividend was $0.18 per share. Latest ex-dividend date: Sep 3, 2026. Payment date: Sep 24, 2026. Next dividend status: not announced.
LUV Dividend Snapshot
Yield, annual dividend, latest payment, payout coverage, growth, and dividend history are emphasized for this stock. Yield methodology is labeled separately from payout coverage.
Next LUV Dividend Date
When LUV next goes ex-dividend, the amount where it has been declared, and whether that state is announced, projected or not yet known.
Next LUV dividend
LUV's next dividend has not yet been announced. The latest completed dividend was $0.18 per share. Data last checked: Oct 10, 2026.
Latest LUV Dividend Dates
Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.
AIQ Dividend bridge
Margins, returns, leverage, and cash conversion support dividend durability.
Yield is more useful when valuation context is not stretched.
Lower drawdown and balance-sheet risk can improve income dependability.
LUV Dividend History
Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.
Dividend reliability
Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.
LUV Annual Dividend History
LUV Dividend Growth
Latest row amount $0.18, event yield 1.86%.
This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.
Dividend growth
- 5-year regular dividend CAGR
- 31.95%
- 2020 regular DPS
- $0.180
- 2025 regular DPS
- $0.720
- Absolute change
- $0.540
- Years increased
- —
- Years reduced
- —
LUV's split-adjusted regular dividend per share grew at 31.95% a year from 2020 through 2025.
LUV has at least one year between 2020 and 2025 with no regular dividend.
Split-adjusted regular dividends per share, 2020–2025, excluding special dividends. Research as of Sep 19, 2026.
LUV Dividend Yield
How LUV's trailing 12-month dividend yield is calculated, and what it does and does not account for.
Yield methodology
LUV's trailing dividend yield is the regular dividends paid over the last twelve months divided by the latest available share price. Payouts classified as special or supplemental are excluded, because a one-off payment is not recurring income. It is a backward-looking measure and is not the same as a forward yield, which annualises the most recent declared payment instead.
Dividend coverage
Coverage is read from earnings and cash flow rather than from the yield. A payout ratio leaves room, or does not; free cash flow either covers the payment, or the company is funding it another way. These are inputs to a judgement, not a guarantee of future payments.
Recent LUV dividend payments
| Ex-date | Dividend | Adjusted | Yield at ex-date | Frequency | TTM adjusted | Declared | Record date | Payment date |
|---|---|---|---|---|---|---|---|---|
| Sep 3, 2026 | $0.18 | $0.18 | 1.86% | Quarterly | $0.72 | Jul 30, 2026 | Sep 3, 2026 | Sep 24, 2026 |
| Jun 11, 2026 | $0.18 | $0.18 | 1.63% | Quarterly | $0.72 | May 7, 2026 | Jun 11, 2026 | Jul 2, 2026 |
| Mar 12, 2026 | $0.18 | $0.18 | 1.86% | Quarterly | $0.72 | Feb 5, 2026 | Mar 12, 2026 | Apr 2, 2026 |
| Dec 26, 2025 | $0.18 | $0.18 | 1.74% | Quarterly | $0.72 | Nov 20, 2025 | Dec 26, 2025 | Jan 16, 2026 |
| Sep 3, 2025 | $0.18 | $0.18 | 2.23% | Quarterly | $0.72 | Jul 31, 2025 | Sep 3, 2025 | Sep 24, 2025 |
Show older history+25 rows
| Jun 18, 2025 | $0.18 | $0.18 | 2.31% | Quarterly | $0.72 | May 13, 2025 | Jun 18, 2025 | Jul 9, 2025 |
| Mar 12, 2025 | $0.18 | $0.18 | 2.39% | Quarterly | $0.72 | Feb 5, 2025 | Mar 12, 2025 | Apr 2, 2025 |
| Dec 26, 2024 | $0.18 | $0.18 | 2.11% | Quarterly | $0.72 | Nov 21, 2024 | Dec 26, 2024 | Jan 16, 2025 |
| Sep 4, 2024 | $0.18 | $0.18 | 2.44% | Quarterly | $0.72 | Jul 31, 2024 | Sep 4, 2024 | Sep 25, 2024 |
| Jun 18, 2024 | $0.18 | $0.18 | 2.53% | Quarterly | $0.72 | May 15, 2024 | Jun 19, 2024 | Jul 10, 2024 |
| Mar 5, 2024 | $0.18 | $0.18 | 2.09% | Quarterly | $0.72 | Jan 31, 2024 | Mar 6, 2024 | Mar 27, 2024 |
| Dec 20, 2023 | $0.18 | $0.18 | 2.48% | Quarterly | $0.72 | Nov 16, 2023 | Dec 21, 2023 | Jan 11, 2024 |
| Sep 5, 2023 | $0.18 | $0.18 | 2.34% | Quarterly | $0.72 | Aug 2, 2023 | Sep 6, 2023 | Sep 27, 2023 |
| Jun 20, 2023 | $0.18 | $0.18 | 1.57% | Quarterly | $0.54 | May 17, 2023 | Jun 21, 2023 | Jul 12, 2023 |
| Mar 7, 2023 | $0.18 | $0.18 | 1.08% | Quarterly | $0.36 | Feb 1, 2023 | Mar 8, 2023 | Mar 29, 2023 |
| Jan 9, 2023 | $0.18 | $0.18 | 50.55% | Quarterly | $0.18 | Dec 6, 2022 | Jan 10, 2023 | Jan 31, 2023 |
| Mar 3, 2020 | $0.18 | $0.18 | 1.59% | Quarterly | $0.72 | Jan 29, 2020 | Mar 4, 2020 | Mar 25, 2020 |
| Dec 10, 2019 | $0.18 | $0.18 | 1.27% | Quarterly | $0.70 | Nov 20, 2019 | Dec 11, 2019 | Jan 8, 2020 |
| Aug 20, 2019 | $0.18 | $0.18 | 1.36% | Quarterly | $0.68 | Jul 31, 2019 | Aug 21, 2019 | Sep 11, 2019 |
| Jun 4, 2019 | $0.18 | $0.18 | 1.35% | Quarterly | $0.66 | May 15, 2019 | Jun 5, 2019 | Jun 26, 2019 |
| Mar 5, 2019 | $0.16 | $0.16 | 1.20% | Quarterly | $0.64 | Jan 30, 2019 | Mar 6, 2019 | Mar 27, 2019 |
| Dec 4, 2018 | $0.16 | $0.16 | 1.15% | Quarterly | $0.605 | Nov 14, 2018 | Dec 5, 2018 | Jan 2, 2019 |
| Aug 21, 2018 | $0.16 | $0.16 | 93.44% | Quarterly | $0.57 | Aug 1, 2018 | Aug 22, 2018 | Sep 12, 2018 |
| Jun 5, 2018 | $0.16 | $0.16 | 1.05% | Quarterly | $0.535 | May 16, 2018 | Jun 6, 2018 | Jun 27, 2018 |
| Mar 6, 2018 | $0.125 | $0.125 | 85.84% | Quarterly | $0.50 | Jan 31, 2018 | Mar 7, 2018 | Mar 28, 2018 |
| Dec 6, 2017 | $0.125 | $0.125 | 77.72% | Quarterly | $0.475 | Nov 16, 2017 | Dec 7, 2017 | Jan 4, 2018 |
| Aug 22, 2017 | $0.125 | $0.125 | 84.22% | Quarterly | — | Aug 4, 2017 | Aug 24, 2017 | Sep 14, 2017 |
| Jun 5, 2017 | $0.125 | $0.125 | 69.68% | Quarterly | — | May 17, 2017 | Jun 7, 2017 | Jun 28, 2017 |
| Mar 7, 2017 | $0.10 | $0.10 | 70.39% | Quarterly | — | Feb 2, 2017 | Mar 9, 2017 | Mar 30, 2017 |
| Dec 6, 2016 | $0.10 | $0.10 | 78.65% | Quarterly | — | Nov 18, 2016 | Dec 8, 2016 | Jan 5, 2017 |
Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.
A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.
Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.
A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.
LUV dividend research links
Focused follow-on paths for yield methodology, payout coverage, peer comparison, and income planning.
Estimate income using editable yield and payment assumptions.
Compare reinvesting dividends with taking them as cash.
Review payout ratio, cash flow, profitability, and balance-sheet context.
Read dividend income beside volatility, drawdown, and risk resilience.
Open DividendInvestorIQ for dividend discovery, comparisons, and income planning tools.
LUV Dividend Comparisons
How LUV's income profile compares with the peers it is most often weighed against.
Dividend calculators
Each calculator opens with this ticker's price and dividend loaded; every assumption stays editable.
Estimate annual income, payment amount, yield and growth scenarios using LUV as ticker context.
Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.
Check the current yield, annual income on your shares, and your yield on cost from the price you paid.
Enter your purchase date or price to see the yield on what you paid, today's yield beside it, and the dividends collected since.
Related Links
LUV Dividends FAQ
Does LUV pay a dividend?
Southwest Airlines Co. (LUV) has covered dividend payment history on this page, including a latest dividend of $0.18 per share and a quarterly cadence based on available events.
What is LUV's dividend yield?
LUV's trailing dividend yield is 1.81%. Trailing dividend yield equals dividends paid over the trailing 12 months divided by the latest available share price.
When is LUV's next dividend?
LUV's next dividend has not been announced in the current AlgovestIQ snapshot. The latest completed dividend row remains available in the history table when covered data exists.
When is LUV's ex-dividend date?
LUV's latest covered ex-dividend date is Sep 3, 2026. Future ex-dividend dates are shown only when announced or explicitly projected.
How has LUV's dividend changed?
LUV's one-year dividend growth is 0.00% based on comparable covered dividend history.