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Southwest Airlines Co (Southwest Airlines Co) Dividend Yield %

: 2.47% (As of Today)
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As of today (2024-04-24), the Trailing Annual Dividend Yield of Southwest Airlines Co is 2.47%.

The historical rank and industry rank for Southwest Airlines Co's Dividend Yield % or its related term are showing as below:

LUV' s Dividend Yield % Range Over the Past 10 Years
Min: 0.28   Med: 0.75   Max: 3.22
Current: 2.47

During the past 13 years, the highest Dividend Yield of Southwest Airlines Co was 3.22%. The lowest was 0.28%. And the median was 0.75%.

LUV's Dividend Yield % is ranked worse than
59.04% of 625 companies
in the Transportation industry
Industry Median: 3.02 vs LUV: 2.47

Southwest Airlines Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.47.

During the past 13 years, the highest Dividend Payout Ratio of Southwest Airlines Co was 0.46. The lowest was 0.08. And the median was 0.14.

As of today (2024-04-24), the Forward Dividend Yield % of Southwest Airlines Co is 2.47%.

Southwest Airlines Co's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 12 months, Southwest Airlines Co's average Dividends Per Share Growth Rate was 300.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southwest Airlines Co was 130.30% per year. The lowest was -36.40% per year. And the median was 16.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Southwest Airlines Co Dividend Yield % Historical Data

The historical data trend for Southwest Airlines Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southwest Airlines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.77 - - 2.49

Southwest Airlines Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.11 1.49 2.66 2.49

Competitive Comparison

For the Airlines subindustry, Southwest Airlines Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Airlines Co Dividend Yield % Distribution

For the Transportation industry and Industrials sector, Southwest Airlines Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Southwest Airlines Co's Dividend Yield % falls into.



Southwest Airlines Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Southwest Airlines Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1802024-03-052024-03-062024-03-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-12-202023-12-212024-01-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-09-052023-09-062023-09-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-06-202023-06-212023-07-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Southwest Airlines Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72/28.99
=2.48 %

Current Share Price is $28.99.
Southwest Airlines Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

Southwest Airlines Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.72/28.99
=2.48 %

Current Share Price is $28.99.
Southwest Airlines Co's Dividends per Share for the forward twelve months is calculated as $0.18 * 4 = $0.72.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southwest Airlines Co  (NYSE:LUV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Southwest Airlines Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Southwest Airlines Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Southwest Airlines Co (Southwest Airlines Co) Business Description

Address
P.O. Box 36611, Dallas, TX, USA, 75235-1611
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
Executives
Roy Blunt director 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Elaine Mendoza director 2223 POSTOAK COURT, SAN ANTONIO TX 78248
Eduardo F Conrado director 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Ryan C. Green officer: EVP, Chief Commercial Officer 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Jill A. Soltau director 123 SOUTH FRONT STREET, MEMPHIS TN 38103
John T Montford director C/O SOUTHWEST AIRLINES CO, 2702 LOVE FIELD DR PO BOX 36611, DALLAS TX 75235-1611
Christopher P. Reynolds director 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Thomas W. Gilligan director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Linda B. Rutherford officer: EVP People and Communications 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Robert E Jordan officer: EVP - Strategy and Planning C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Gregory D Wells officer: EVP, Daily Operations 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Alan Kasher officer: EVP Daily Operations 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Mark R Shaw officer: SVP,Gen Counsel,Corp.Secretary 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Tammy Romo officer: SR VP Finance & CFO C/O SOUTHWEST AIRINES CO., 2702 LOVE FIELD DR., DALLAS TX 75235

Southwest Airlines Co (Southwest Airlines Co) Headlines

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