Southwest Airlines Co.
LUV43 yrs growthIndustrials · Stock · quarterly payer
$41.31
Add to PortfolioForward Yield
1.74%
Annual Dividend
$0.72
Payout Ratio
48%
5-Yr Growth
0.0%
Ex-Date
Jun 11, 2026
Frequency
Quarterly
LUV Dividend Safety Score
91/ 100
Grade A
Very Safe
Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage48% of earnings paid out
Balance-sheet strengthDebt/equity of 0.93
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is LUV a good dividend stock?
YesSouthwest Airlines Co. (LUV) pays a quarterly dividend yielding 1.74% ($0.72/yr), with 43 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 43 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (48%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.74%
- Payout Ratio
- 48%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 43
- Frequency
- quarterly
- Beta
- 1.16
- Market Cap
- $20.2B
- P/E Ratio
- 27.5
- 5-Yr Total Return
- -22%
- 52-Week Range
- $28.98 – $55.11
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 12, 2026 | — | $0.1800 | regular |
| Dec 26, 2025 | — | $0.1800 | regular |
| Sep 3, 2025 | — | $0.1800 | regular |
| Jun 18, 2025 | — | $0.1800 | regular |
| Mar 12, 2025 | — | $0.1800 | regular |
| Dec 26, 2024 | — | $0.1800 | regular |
| Sep 4, 2024 | — | $0.1800 | regular |
| Jun 18, 2024 | — | $0.1800 | regular |
| Mar 5, 2024 | — | $0.1800 | regular |
| Dec 20, 2023 | — | $0.1800 | regular |
| Sep 5, 2023 | — | $0.1800 | regular |
| Jun 20, 2023 | — | $0.1800 | regular |
| Mar 7, 2023 | — | $0.1800 | regular |
| Jan 9, 2023 | — | $0.1800 | regular |
Income Calculator
At $0.72 / yr per share
Per payment (quarterly)$18.00
Annual$72.00
Monthly avg$6.00
