Southwest Airlines Dividend history 25 years & forecast 2024 to 2027
Dividend analysis of the Southwest Airlines share
| Current dividend yield | 3.27 % |
| Dividendenrendite 5 Jahre | 4.2 % |
| Dividend yield 10 years | 3.48 % |
| Payout 3 years | 4.43 % |
When does Southwest Airlines pay a dividend?
The Southwest Airlines share dividend is distributed 4 times a year. In order to receive a dividend, you should generally own the Southwest Airlines share before the ex-dividend date. The dividend calendar shows that the last ex-day dates were March, June, September and December . Dividends from Southwest Airlines are distributed via January, March, July and September.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.18
$0.18
|
Jun 18 2024
Jun 18 2024
Jul 10 2024
Jun 18 24
Jul 10 24 |
Jul 10 2024 |
quarterly
quarterly
|
| 2024 |
$0.18
$0.18
|
Mar 05 2024
Mar 05 2024
Mar 27 2024
Mar 05 24
Mar 27 24 |
Mar 27 2024 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Dec 20 2023
Dec 20 2023
Jan 11 2024
Dec 20 23
Jan 11 24 |
Jan 11 2024 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Sep 05 2023
Sep 05 2023
Sep 27 2023
Sep 05 23
Sep 27 23 |
Sep 27 2023 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Jun 20 2023
Jun 20 2023
Jul 12 2023
Jun 20 23
Jul 12 23 |
Jul 12 2023 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Mar 07 2023
Mar 07 2023
Mar 29 2023
Mar 07 23
Mar 29 23 |
Mar 29 2023 |
quarterly
quarterly
|
| 2022 |
$0.18
$0.18
|
Jan 09 2023
Jan 09 2023
Jan 31 2023
Jan 09 23
Jan 31 23 |
Jan 31 2023 |
quarterly
quarterly
|
| 2020 |
$0.18
$0.18
|
Mar 03 2020
Mar 03 2020
Mar 25 2020
Mar 03 20
Mar 25 20 |
Mar 25 2020 |
quarterly
quarterly
|
| 2019 |
$0.18
$0.18
|
Dec 10 2019
Dec 10 2019
Jan 08 2020
Dec 10 19
Jan 08 20 |
Jan 08 2020 |
quarterly
quarterly
|
| 2019 |
$0.18
$0.18
|
Aug 20 2019
Aug 20 2019
Sep 11 2019
Aug 20 19
Sep 11 19 |
Sep 11 2019 |
quarterly
quarterly
|
How much dividend does Southwest Airlines pay?
Southwest Airlines most recently paid a dividend of $0.18. Southwest Airlines paid a dividend of $0.72 per share in the financial year 2023. With a share price of $28.61 at Jun 28 2024, the current dividend yield is 2.52% (calculation: $0.72 / $28.61 = 2.52%). No special dividend was paid.
What is the Southwest Airlines dividend yield and payout ratio?
The average Southwest Airlines dividend yield over the last 5 years is 0.82% and the average over the last 10 years is 0.85%.
The payout ratio of Southwest Airlines in relation to the last financial year is 98.63%. The payout ratio smoothed over 3 years is 28.39%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Key figure | Southwest Airlines |
|---|---|
| Current dividend yield | 2.52% |
| Dividend yield 5 yrs. | 0.82% |
| Dividend yield 10 yrs. | 0.85% |
| Payout 1 yr. | 98.63% |
| Payout 3 yrs. | 28.39% |
Is the Southwest Airlines dividend safe? Continuity & dividend growth
Is the Southwest Airlines dividend safe?
Southwest Airlines has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased2-times.
The dividend growth in relation to the previous financial year amounts to 300.00%. The average Southwest Airlines dividend growth over the last 5 years is 3.54%. The average for the last 10 years is 18.67%.
| Key figure | Southwest Airlines |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 2 Years |
| Growth 1 yr. | 300.00% |
| Growth 5 yrs. | 3.54% |
| Growth 10 yrs. | 18.67% |
Continuity
Southwest Airlines has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased2-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 300.00%. The average Southwest Airlines dividend growth over the last 5 years is 3.54%. The average for the last 10 years is 18.67%.
Southwest Airlines Share forecast 2024
On the stock exchange, the Southwest Airlines share (ISIN: US8447411088) is not traded as a top scorer in June 2024 according to the dividend strategy.
The share price of Southwest Airlines -0.93% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Southwest Airlines share price in real time at the top of the page.
The Southwest Airlines share (symbol: LUV) is valued at a price/earnings ratio (P/E ratio) of 46.44 and a price/sales ratio (P/S ratio) of 0.64 valued. Based on analyst estimates, the Southwest Airlines share forecast 2024 of the current financial year corresponds to a valuation of 33.17 according to P/E ratio and 0.62 according to P/S ratioe.
| Key figure | Southwest Airlines |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
0.93%
|
| P/E ratio TTM | 46.44 |
| P/S ratio TTM | 0.64 |
| P/E ratio expected | 33.17 |
| P/S ratio expected | 0.62 |
The Southwest Airlines share (symbol: LUV) is valued at a price/earnings ratio (P/E ratio) of 46.44 and a price/sales ratio (P/S ratio) of 0.64 valued. Based on analyst estimates, the Southwest Airlines share forecast 2024 of the current financial year corresponds to a valuation of 33.17 according to P/E ratio and 0.62 according to P/S ratioe.
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