Does Southwest Airlines Pay Dividends?
Southwest Airlines Co. · LUV · updated
Key facts: Southwest Airlines dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Southwest Airlines (LUV) pays a dividend of $0.18 per share every quarter, $0.72 a year, a 1.82% yield at its share price of $39.50.
- Southwest Airlines (LUV) paid its last 4 regular dividends in January, April, July and September.
- The most recent dividend from Southwest Airlines (LUV), $0.18 per share, went ex-dividend on Sep 3, 2026 and was paid on Sep 24, 2026.
- Southwest Airlines (LUV) has paid a dividend since at least 1980; SmarterDividends' records hold 177 of its dividend payments.
- The most recent dividend increase from Southwest Airlines (LUV), 12.5% to $0.18 per share, went ex-dividend on Jun 4, 2019.
- At $0.72 a year per share, 100 shares of LUV pay $72.00 a year in dividends before tax.
- SmarterDividends grades the dividend safety of Southwest Airlines (LUV) A on an A to F scale; it pays out 45% of earnings as dividends.
Cite this page
SmarterDividends, "Does Southwest Airlines Pay Dividends? Yes," updated Oct 19, 2026, https://smarterdividends.com/does-southwest-pay-dividends
How much does Southwest Airlines pay?
Southwest Airlines (LUV) pays every quarter; its latest dividend was $0.18 per share. That is $0.72 per share a year, a 1.82% yield at today's price.
For example, 100 shares pay about $72.00 a year, and $10,000 invested at today's price pays about $182.00 a year, before tax.
| Ex-dividend date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 3, 2026 | Sep 24, 2026 | $0.18 | — |
| Jun 11, 2026 | Jul 2, 2026 | $0.18 | — |
| Mar 12, 2026 | Apr 2, 2026 | $0.18 | — |
| Dec 26, 2025 | Jan 16, 2026 | $0.18 | — |
| Sep 3, 2025 | Sep 24, 2025 | $0.18 | — |
| Jun 18, 2025 | Jul 9, 2025 | $0.18 | — |
| Mar 12, 2025 | Apr 2, 2025 | $0.18 | — |
| Dec 26, 2024 | Jan 16, 2025 | $0.18 | — |
When does Southwest Airlines pay dividends?
Southwest Airlines (LUV) paid its last 4 regular dividends in January, April, July and September. Its next dividend has not been declared yet.
To receive a dividend, you must own the shares before the ex-dividend date: buy by the close on the trading day before it. The LUV ex-dividend date page shows the exact dates.
Southwest Airlines's dividend history
Southwest Airlines (LUV) has paid a dividend since at least 1980, and SmarterDividends' records hold 177 payments. Its most recent increase, 12.5%, went ex-dividend on Jun 4, 2019.
SmarterDividends' records show no annual dividend cut. Its dividend safety grade is A on an A to F scale. Full LUV dividend history →
Frequently asked questions
Does Southwest Airlines pay dividends?
As of Oct 19, 2026, Southwest Airlines (LUV) pays a dividend of $0.18 per share every quarter, $0.72 a year, a 1.82% yield at its share price of $39.50.
How much is Southwest Airlines's dividend?
Southwest Airlines (LUV) pays $0.18 per share each payment, $0.72 per share a year. Over the last 12 months it paid $0.72 per share in total.
How often does Southwest Airlines pay dividends?
Southwest Airlines (LUV) pays every quarter, most recently in January, April, July and September.
When is Southwest Airlines's next dividend?
Southwest Airlines has not declared its next dividend yet. It usually pays in January, April, July and September. The last one went ex-dividend on Sep 3, 2026.
What is Southwest Airlines's dividend yield?
1.82% as of Oct 19, 2026: $0.72 a year in dividends divided by the $39.50 share price. The yield moves every day with the share price.
How much dividend would 100 shares of LUV pay?
About $72.00 a year before tax, paid every quarter in installments of about $18.00, at Southwest Airlines's current dividend rate.
Has Southwest Airlines ever cut its dividend?
SmarterDividends' records show no annual cut in Southwest Airlines's dividend since 1980.
How long has Southwest Airlines paid dividends?
Since at least 1980, the start of Southwest Airlines's payment record at SmarterDividends, which holds 177 payments.
When do I need to buy LUV to get the dividend?
Before the ex-dividend date. Under the U.S. T+1 settlement cycle you must buy by the close on the last trading day before the ex-dividend date. Buying on the ex-dividend date or later means the seller gets that dividend.
Related
SmarterDividends data, refreshed daily from public market data. For information only, not investment advice.