LUV vs RTX: Which Is the Better Dividend Stock?
As of Nov 8, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LUV offers the higher yield at 1.62%, RTX has the higher dividend-safety score, and LUV looks like the better value (its fair-value estimate is 13% below its share price).
Key facts: LUV vs RTX
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Southwest Airlines Co. (LUV) has the higher forward dividend yield at 1.62%, versus 1.54% for RTX Corporation (RTX).
- As of Nov 8, 2026, SmarterDividends grades LUV's dividend safety A (93/100) and RTX's A (96/100).
- By SmarterDividends' count as of Nov 8, 2026, LUV has raised its dividend for 0 consecutive years and RTX for 32.
- As of Nov 8, 2026, LUV pays out 35% of its earnings as dividends and RTX pays out 46%.
- As of Nov 8, 2026, LUV's fair-value estimate is 13% below its share price and RTX's fair-value estimate is 62% below its share price, so LUV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LUV vs RTX: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/luv-vs-rtx
| Metric | LUV | RTX |
|---|---|---|
| Forward yield | 1.62% | 1.54% |
| Annual dividend | $0.72 | $2.92 |
| Payout ratio | 35% | 46% |
| Years of growth | 0 yr | 32 yr |
| 5-yr dividend growth | 0.0% | 7.2% |
| 5-yr total return | 0% | 134% |
| Dividend safety score | 93 (A) | 96 (A) |
| Fair value estimate | $38.46 | $71.21 |
| Upside to fair value | -13% | -62% |
| Frequency | quarterly | quarterly |
| Market cap | $21.8B | $255.8B |
| P/E ratio | 21.7 | 30.8 |
Higher yield
LUV
1.62%
Safer dividend
RTX
Grade A
Faster growth
RTX
7.2%
Better value
LUV
-13% upside
LUV vs RTX — FAQ
Is LUV or RTX a better dividend stock?
On the data, RTX wins more head-to-head categories (5 vs 3). LUV offers the higher yield (1.62%), while RTX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LUV or RTX?
LUV has the higher forward dividend yield at 1.62%, versus 1.54% for RTX.
Is LUV or RTX safer?
RTX has the higher dividend-safety score (96/100 vs 93/100), reflecting stronger payout coverage and dividend-growth history.
Is LUV or RTX better value right now?
As of Nov 8, 2026, LUV looks like the better value: its fair-value estimate is 13% below its share price (fairly valued). For RTX, its fair-value estimate is 62% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.