Trailing Dividend / Share
$0.72
Southwest Airlines Co. (LUV) Dividend History
Income profile from 1980 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.5%
Payout Ratio
90.5%
At Risk
Dividend Streak
0 years
LUV Dividend Income Check
Safety
90.5% payout ratio with at risk safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 1.6% and trend is rising.
LUV Dividend Scorecard
Yield & Income
Dividend Yield1.5%
Trailing DPS$0.72
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout90.5%
Earnings SafetyAt Risk
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score8/9
Growth
Growth Streak0 years
3Y CAGR0.0%
5Y CAGR32.0%
Yield on Cost (5Y)1.6%
YOC Trendrising
Total Returns
Buyback Yield10.8%
Total Shareholder Yield12.3%
1Y Total Return56.8%
5Y Total Return-8.2%
Div Contribution (5Y)4.9%
Estimated $10K growth (return + dividends):
5Y ago$9,18110Y ago$13,20120Y ago$32,990
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
LUV Income Growth Story
Dividend per share and yield on cost over time (45 years of payments)
LUV Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Southwest Airlines Co. distributes 90.5% of earnings as dividends (At Risk).
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
LUV does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.0% and 5-year CAGR of 32.0%.
Total Shareholder Returns
Beyond cash dividends, LUV returns capital through share repurchases. The combined picture: 1.5% dividend yield, 10.8% buyback yield, 12.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.6% and is currently rising. The 5-year total return is -8.2%, with dividends contributing 4.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $13,201 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
LUV Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.58
Avg/Payment$0.1790
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 11, 2026Latest | $0.1800 | — | 1.63% | Jul 2, 2026 |
| Mar 12, 2026 | $0.1800 | — | 1.86% | Apr 2, 2026 |
| Dec 26, 2025 | $0.1800 | — | 1.74% | Jan 16, 2026 |
| Sep 3, 2025 | $0.1800 | — | 2.23% | Sep 24, 2025 |
| Jun 18, 2025 | $0.1800 | — | 2.31% | Jul 9, 2025 |
| Mar 12, 2025 | $0.1800 | — | 2.39% | Apr 2, 2025 |
| Dec 26, 2024 | $0.1800 | — | 2.11% | Jan 16, 2025 |
| Sep 4, 2024 | $0.1800 | — | 2.44% | Sep 25, 2024 |
LUV Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
1.5%
#1 of 2
Safety
At Risk
90.5% payout
Streak
0Y
32.0% 5Y CAGR
Total Shareholder
12.3%
#1 of 2
DALLUV Annual Dividend History (1980–2026)
47 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.36 | — | 2 | — | — | — | 0.8% |
| 2025 | $0.72 | 0.0% | 4 | $0.79 | 91.1% | 1.10x | 1.6% |
| 2024 | $0.72 | -20.0% | 4 | $0.75 | 96.0% | 1.04x | 1.6% |
| 2023 | $0.90 | — | 5 | $0.76 | 118.4% | 0.84x | 2.0% |
| 2022 | $0.00 | — | 0 | $0.87 | — | — | — |
| 2021 | $0.00 | -100.0% | 0 | $1.61 | — | — | — |
| 2020 | $0.18 | -74.3% | 1 | $-5.44 | — | — | 0.4% |
| 2019 | $0.70 | 15.7% | 4 | $4.27 | 16.4% | 6.10x | 1.6% |
| 2018 | $0.61 | 27.4% | 4 | $4.29 | 14.1% | 7.09x | 1.3% |
| 2017 | $0.47 | 26.7% | 4 | $5.78 | 8.2% | 12.17x | 1.1% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into LUV consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
46+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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LUV — Frequently Asked Questions
Quick answers to the most common questions about buying LUV stock.
How much dividend does LUV pay per share?
Southwest Airlines Co. (LUV) pays a trailing 12-month dividend of $0.72 per share, with a current dividend yield of +1.5%. Payments are made Semi-Annual.
When is LUV's next ex-dividend date?
LUV's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LUV typically pays dividends Semi-Annual.
Is LUV's dividend safe?
LUV's dividend safety is rated "At Risk" based on an earnings payout ratio of +90.5% and FCF payout ratio of N/A. The dividend history does not yet show a prolonged growth streak.
How many years has LUV increased its dividend?
LUV has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +32.0%.
How often does LUV pay dividends?
Southwest Airlines Co. pays dividends Semi-Annual. The trailing 12-month total is $0.72 per share. Dividend data on this page covers 46+ years from 1980 to 2026.
How much would $10,000 invested in LUV grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LUV five years ago would be worth approximately $9,181 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LUV's yield on cost for long-term holders?
LUV's yield on cost — the current dividend divided by the original purchase price — is +1.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.5% market yield, thanks to consistent dividend growth.