SmarterDividends
LUV

LUV Dividend History

Southwest Airlines Co. · every payment since 1980

As of Oct 17, 2026, Southwest Airlines Co. (LUV) has paid 177 dividends since 1980. The most recent was $0.1800 per share (ex-date Sep 3, 2026, paid Sep 24, 2026). Over the last 12 months LUV paid $0.7200 across 4 payments, a trailing yield of 1.82%. The average of the last 2 regular payments is +0.0% versus the 2 before.

Latest dividend

$0.1800

Last ex-date

Sep 3, 2026

Paid, last 12 months

$0.72

Trailing yield

1.82%

Frequency

Quarterly

Growth streak

0 yrs

Key facts: LUV dividend history

Data as of · Source: SmarterDividends data

  • As of Oct 17, 2026, SmarterDividends has 177 dividend payments on record for Southwest Airlines Co. (LUV), going back to 1980.
  • LUV's most recent dividend was $0.18 per share, with an ex-dividend date of Sep 3, 2026 and a pay date of Sep 24, 2026.
  • In the 12 months to Oct 17, 2026, LUV paid $0.72 per share in dividends across 4 payments, a trailing yield of 1.82%.
  • LUV's most recent dividend increase took effect with the Jun 4, 2012 ex-date, a 100.0% rise to $0.0100 per share.
  • LUV's most recent dividend cut took effect with the Jun 4, 2001 ex-date, a 40.0% reduction to $0.0030 per share.
  • LUV paid $0.72 per share in dividends in calendar year 2025, up 0.0% from 2024.
Cite this page

SmarterDividends, "LUV Dividend History: Every Payment, Dates & Yield," updated Oct 17, 2026, https://smarterdividends.com/stocks/LUV/dividend-history

Dividends versus price, last 12 months

Paid out

2.15%

of price a year ago

Price change

+17.8%

$33.52 → $39.50

Approx. total return

+20.0%

before taxes

Total return adds dividends received to the price change; it ignores reinvestment and taxes.

LUV dividends per year

Total paid per share by calendar year

Recent dividend amounts

Last 24 regular payments, per share

LUV dividend history by year

YearPaymentsTotal per shareChange
2026year to date3$0.5400—
20254$0.7200+0.0%
20244$0.7200-20.0%
20235timing$0.9000—
20201timing$0.1800-74.3%
20194$0.7000+15.7%
20184$0.6050+27.4%
20174$0.4750+26.7%
20164$0.3750+31.6%
20154$0.2850+29.5%
20144$0.2200+69.2%
20134$0.1300+271.4%
20124$0.0350+75.0%
20114$0.0200+0.0%
20104$0.0200+0.0%
20094$0.0200+0.0%
20084$0.0200+0.0%
20074$0.0200+0.0%
20064$0.0200+0.0%
20054$0.0200+0.0%
20044$0.0200+0.0%
20034$0.0200+0.0%
20024$0.0200+11.1%
20014$0.0180+12.5%
20004$0.0160+10.8%
19994$0.0144+10.8%
19984$0.0130+29.4%
19974$0.0101+27.5%
19964$0.0079+0.0%
19954$0.0079+0.0%
19944$0.0079+0.0%
19934$0.0079+7.1%
19924$0.0074+12.0%
19914$0.0066+3.5%
19904$0.0064+3.6%
19894$0.0061+6.8%
19884$0.0058+2.3%
19874$0.0056+0.0%
19864$0.0056+0.0%
19854$0.0056+0.0%
19844$0.0056+0.0%
19834$0.0056+0.0%
19824$0.0056+17.6%
19814$0.0048+27.5%
19804$0.0037—

Every LUV dividend

13 raises · 2 cuts · 44 specials
Ex-dividend datePay dateAmountChangeType
Sep 3, 2026Sep 24, 2026$0.1800—Special
Jun 11, 2026Jul 2, 2026$0.1800—Special
Mar 12, 2026Apr 2, 2026$0.1800—Special
Dec 26, 2025Jan 16, 2026$0.1800—Special
Sep 3, 2025Sep 24, 2025$0.1800—Special
Jun 18, 2025Jul 9, 2025$0.1800—Special
Mar 12, 2025Apr 2, 2025$0.1800—Special
Dec 26, 2024Jan 16, 2025$0.1800—Special
Sep 4, 2024Sep 25, 2024$0.1800—Special
Jun 18, 2024Jul 10, 2024$0.1800—Special
Mar 5, 2024Mar 27, 2024$0.1800—Special
Dec 20, 2023Jan 11, 2024$0.1800—Special
Sep 5, 2023Sep 27, 2023$0.1800—Special
Jun 20, 2023Jul 12, 2023$0.1800—Special
Mar 7, 2023Mar 29, 2023$0.1800—Special
Jan 9, 2023Jan 31, 2023$0.1800—Special
Mar 3, 2020Mar 25, 2020$0.1800—Special
Dec 10, 2019Jan 8, 2020$0.1800—Special
Aug 20, 2019Sep 11, 2019$0.1800—Special
Jun 4, 2019Jun 26, 2019$0.1800—Special
Mar 5, 2019Mar 27, 2019$0.1600—Special
Dec 4, 2018Jan 2, 2019$0.1600—Special
Aug 21, 2018Sep 12, 2018$0.1600—Special
Jun 5, 2018Jun 27, 2018$0.1600—Special
Mar 6, 2018Mar 28, 2018$0.1250—Special
Dec 6, 2017Jan 4, 2018$0.1250—Special
Aug 22, 2017Sep 14, 2017$0.1250—Special
Jun 5, 2017Jun 28, 2017$0.1250—Special
Mar 7, 2017Mar 30, 2017$0.1000—Special
Dec 6, 2016Jan 5, 2017$0.1000—Special
Aug 16, 2016Sep 8, 2016$0.1000—Special
Jun 6, 2016Jun 29, 2016$0.1000—Special
Mar 1, 2016Mar 24, 2016$0.0750—Special
Dec 8, 2015Jan 7, 2016$0.0750—Special
Aug 18, 2015Sep 10, 2015$0.0750—Special
Jun 1, 2015Jun 24, 2015$0.0750—Special
Mar 3, 2015Mar 26, 2015$0.0600—Special
Dec 9, 2014Jan 2, 2015$0.0600—Special
Aug 19, 2014Sep 12, 2014$0.0600—Special
Jun 2, 2014Jun 25, 2014$0.0600—Special
Mar 4, 2014Mar 27, 2014$0.0400—Special
Dec 10, 2013Jan 2, 2014$0.0400—Special
Aug 6, 2013Aug 29, 2013$0.0400—Special
Jun 3, 2013Jun 26, 2013$0.0400—Special
Mar 5, 2013Mar 28, 2013$0.0100+0.0%Unchanged
Dec 4, 2012Jan 3, 2013$0.0100+0.0%Unchanged
Aug 14, 2012Sep 6, 2012$0.0100+0.0%Unchanged
Jun 4, 2012Jun 20, 2012$0.0100+100.0%Raise
Feb 28, 2012Mar 22, 2012$0.0050+0.0%Unchanged
Dec 6, 2011Jan 5, 2012$0.0050+0.0%Unchanged
Aug 23, 2011Sep 15, 2011$0.0050+0.0%Unchanged
Jun 6, 2011Jun 22, 2011$0.0050+0.0%Unchanged
Mar 1, 2011Mar 24, 2011$0.0050+0.0%Unchanged
Dec 7, 2010Jan 6, 2011$0.0050+0.0%Unchanged
Aug 24, 2010Sep 16, 2010$0.0050+0.0%Unchanged
Jun 7, 2010Jun 23, 2010$0.0050+0.0%Unchanged
Mar 2, 2010Mar 25, 2010$0.0050+0.0%Unchanged
Dec 8, 2009Jan 7, 2010$0.0050+0.0%Unchanged
Sep 1, 2009Sep 24, 2009$0.0050+0.0%Unchanged
Jun 8, 2009Jun 24, 2009$0.0050+0.0%Unchanged
Feb 24, 2009Mar 19, 2009$0.0050+0.0%Unchanged
Dec 9, 2008Jan 8, 2009$0.0050+0.0%Unchanged
Aug 26, 2008Sep 18, 2008$0.0050+0.0%Unchanged
Jun 10, 2008Jun 26, 2008$0.0050+0.0%Unchanged
Feb 26, 2008Mar 20, 2008$0.0050+0.0%Unchanged
Dec 4, 2007Jan 3, 2008$0.0050+0.0%Unchanged
Aug 28, 2007Sep 20, 2007$0.0050+0.0%Unchanged
Jun 5, 2007Jun 28, 2007$0.0050+0.0%Unchanged
Feb 27, 2007Mar 22, 2007$0.0050+0.0%Unchanged
Dec 5, 2006Jan 4, 2007$0.0050+0.0%Unchanged
Aug 29, 2006Sep 21, 2006$0.0050+0.0%Unchanged
Jun 6, 2006Jun 29, 2006$0.0050+0.0%Unchanged
Feb 28, 2006Mar 23, 2006$0.0050+0.0%Unchanged
Dec 6, 2005Jan 5, 2006$0.0050+0.0%Unchanged
Aug 30, 2005Sep 22, 2005$0.0050+0.0%Unchanged
Jun 7, 2005Jun 30, 2005$0.0050+0.0%Unchanged
Mar 1, 2005Mar 24, 2005$0.0050+0.0%Unchanged
Dec 7, 2004Jan 6, 2005$0.0050+0.0%Unchanged
Aug 31, 2004Sep 23, 2004$0.0050+0.0%Unchanged
Jun 8, 2004Jun 30, 2004$0.0050+0.0%Unchanged
Mar 2, 2004Mar 25, 2004$0.0050+0.0%Unchanged
Dec 3, 2003Jan 6, 2004$0.0050+0.0%Unchanged
Aug 29, 2003Sep 24, 2003$0.0050+0.0%Unchanged
Jun 2, 2003Jun 25, 2003$0.0050+0.0%Unchanged
Mar 4, 2003Mar 27, 2003$0.0050+0.0%Unchanged
Dec 9, 2002Jan 10, 2003$0.0050+0.0%Unchanged
Aug 30, 2002Sep 25, 2002$0.0050+0.0%Unchanged
Jun 3, 2002Jun 26, 2002$0.0050+0.0%Unchanged
Feb 27, 2002Mar 26, 2002$0.0050+0.0%Unchanged
Dec 3, 2001Jan 4, 2002$0.0050+0.0%Unchanged
Aug 31, 2001Sep 27, 2001$0.0050+66.7%Raise
Jun 4, 2001Jun 27, 2001$0.0030-40.0%Cut
Feb 28, 2001Mar 27, 2001$0.0050+25.0%Raise
Dec 4, 2000Jan 3, 2001$0.0040+0.0%Unchanged
Sep 1, 2000Sep 27, 2000$0.0040+0.0%Unchanged
May 31, 2000Jun 27, 2000$0.0040+0.0%Unchanged
Mar 1, 2000Mar 28, 2000$0.0040+0.0%Unchanged
Dec 6, 1999Jan 4, 2000$0.0040+20.0%Raise
Aug 30, 1999Sep 22, 1999$0.0033-6.3%Cut
Jun 2, 1999Jun 29, 1999$0.0036+0.0%Unchanged
Mar 3, 1999Mar 30, 1999$0.0036+0.0%Unchanged
Dec 7, 1998Jan 5, 1999$0.0036+0.0%Unchanged
Aug 31, 1998Sep 23, 1998$0.0036+20.0%Raise
Jun 3, 1998Jun 30, 1998$0.0030+0.0%Unchanged
Mar 4, 1998Mar 31, 1998$0.0030+0.0%Unchanged
Dec 8, 1997Jan 6, 1998$0.0030+25.0%Raise
Aug 29, 1997Sep 24, 1997$0.0024+0.0%Unchanged
May 28, 1997Jun 24, 1997$0.0024+0.0%Unchanged
Feb 26, 1997Mar 25, 1997$0.0024+20.0%Raise
Dec 9, 1996Jan 7, 1997$0.0020+0.0%Unchanged
Aug 30, 1996Sep 25, 1996$0.0020+0.0%Unchanged
May 29, 1996Jun 25, 1996$0.0020+0.0%Unchanged
Feb 28, 1996Mar 26, 1996$0.0020+0.0%Unchanged
Dec 4, 1995Jan 2, 1996$0.0020+0.0%Unchanged
Sep 1, 1995Sep 27, 1995$0.0020+0.0%Unchanged
May 26, 1995Jun 27, 1995$0.0020+0.0%Unchanged
Feb 27, 1995Mar 28, 1995$0.0020+0.0%Unchanged
Nov 30, 1994Jan 3, 1995$0.0020+0.0%Unchanged
Aug 30, 1994Sep 27, 1994$0.0020+0.0%Unchanged
May 27, 1994Jun 27, 1994$0.0020+0.0%Unchanged
Feb 28, 1994Mar 28, 1994$0.0020+0.0%Unchanged
Nov 30, 1993Dec 27, 1993$0.0020+0.0%Unchanged
Aug 30, 1993Sep 27, 1993$0.0020+0.0%Unchanged
May 28, 1993Jun 25, 1993$0.0020+0.0%Unchanged
Feb 26, 1993Mar 26, 1993$0.0020+0.0%Unchanged
Dec 1, 1992—$0.0020+0.0%Unchanged
Aug 31, 1992Sep 28, 1992$0.0020+11.1%Raise
Jun 1, 1992—$0.0018+8.0%Raise
Feb 28, 1992Mar 26, 1992$0.0016+0.0%Unchanged
Nov 29, 1991Dec 26, 1991$0.0016+0.0%Unchanged
Aug 29, 1991Sep 26, 1991$0.0016+0.0%Unchanged
May 31, 1991Jun 27, 1991$0.0016+0.0%Unchanged
Mar 1, 1991—$0.0016+0.0%Unchanged
Nov 29, 1990Dec 20, 1990$0.0016+0.0%Unchanged
Sep 6, 1990Sep 26, 1990$0.0016+7.2%Raise
Jun 7, 1990Jun 28, 1990$0.0015+0.0%Unchanged
Mar 5, 1990Mar 27, 1990$0.0015+0.0%Unchanged
Nov 29, 1989Dec 20, 1989$0.0015+0.0%Unchanged
Sep 1, 1989Sep 26, 1989$0.0015+0.0%Unchanged
Jun 7, 1989Jun 28, 1989$0.0015+0.0%Unchanged
Mar 6, 1989Mar 27, 1989$0.0015+0.0%Unchanged
Nov 29, 1988Dec 20, 1988$0.0015+9.3%Raise
Sep 2, 1988Sep 26, 1988$0.0014+0.0%Unchanged
Jun 7, 1988Jun 28, 1988$0.0014+0.0%Unchanged
Mar 4, 1988Mar 25, 1988$0.0014+0.0%Unchanged
Nov 27, 1987Dec 18, 1987$0.0014+0.0%Unchanged
Sep 2, 1987Sep 25, 1987$0.0014+0.0%Unchanged
Jun 8, 1987Jun 26, 1987$0.0014+0.0%Unchanged
Mar 4, 1987Mar 26, 1987$0.0014+0.0%Unchanged
Nov 26, 1986—$0.0014+0.0%Unchanged
Sep 3, 1986—$0.0014+0.0%Unchanged
Jun 6, 1986—$0.0014+0.0%Unchanged
Mar 5, 1986—$0.0014+0.0%Unchanged
Nov 26, 1985—$0.0014+0.0%Unchanged
Sep 4, 1985—$0.0014+0.0%Unchanged
Jun 6, 1985—$0.0014+0.0%Unchanged
Mar 6, 1985—$0.0014+0.0%Unchanged
Nov 28, 1984—$0.0014+0.0%Unchanged
Sep 5, 1984—$0.0014+0.0%Unchanged
Jun 4, 1984—$0.0014+0.0%Unchanged
Mar 7, 1984—$0.0014+0.0%Unchanged
Nov 30, 1983—$0.0014+0.0%Unchanged
Sep 2, 1983—$0.0014+0.0%Unchanged
May 31, 1983—$0.0014+0.0%Unchanged
Mar 9, 1983—$0.0014+0.0%Unchanged
Nov 26, 1982—$0.0014+0.0%Unchanged
Sep 3, 1982—$0.0014+0.0%Unchanged
Jun 4, 1982—$0.0014+0.0%Unchanged
Mar 9, 1982—$0.0014+0.0%Unchanged
Nov 25, 1981—$0.0014+25.0%Raise
Sep 2, 1981—$0.0011+0.0%Unchanged
Jun 9, 1981—$0.0011+0.0%Unchanged
Mar 10, 1981—$0.0011+0.0%Unchanged
Nov 28, 1980—$0.0011+0.0%Unchanged
Sep 30, 1980—$0.0011+50.1%Raise
Jun 6, 1980—$0.0007+0.0%Unchanged
Mar 3, 1980—$0.0007—First

LUV dividend history — FAQ

How much is LUV's dividend?

As of Oct 17, 2026, LUV's most recent dividend was $0.1800 per share, with an ex-dividend date of Sep 3, 2026 and a pay date of Sep 24, 2026. Over the last 12 months it paid $0.7200 per share across 4 payments, a trailing yield of 1.82%.

How often does LUV pay a dividend?

Southwest Airlines Co. pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.

When is LUV's next dividend?

LUV's next ex-dividend date has not been announced yet. Based on its quarterly schedule, the next payment follows the pattern in the table above.

Has LUV ever cut its dividend?

Yes. Our payment-by-payment record shows 2 regular payments lower than the one before it.

How much did LUV pay in dividends in 2025?

LUV paid $0.7200 per share across 4 payments in 2025, up 0.0% from 2024.

What was LUV's total return including dividends over the last year?

Over the 12 months to Oct 17, 2026, LUV paid $0.7200 per share, 2.15% of its price a year earlier, while its price moved +17.8%. That is an approximate total return of +20.0% before taxes and reinvestment.

More on LUV

Explore more

Lists and tools related to LUV

Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to LUV