LUV Dividend History & Yield
Southwest Airlines Co. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Sun, Nov 29, 2026 (in 81 days) | Dec 13, 2026 | $0.18 | $18.00 | Estimated |
| Wed, Feb 24, 2027 (in 168 days) | Mar 10, 2027 | $0.18 | $18.00 | Estimated |
| Sat, May 22, 2027 (in 255 days) | Jun 5, 2027 | $0.18 | $18.00 | Estimated |
| Tue, Aug 17, 2027 (in 342 days) | Aug 31, 2027 | $0.18 | $18.00 | Estimated |
Estimated dates and amounts are projected from LUV's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.72 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much LUV do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,667 | $64,450 | $1,200 |
| $500 / month | 8,334 | $322,250 | $6,000 |
| $1,000 / month | 16,667 | $644,500 | $12,000 |
Based on the forward yield of 1.86%. $10,000 in LUV would currently pay about $186 a year ($16 a month on average). Model reinvestment and growth →
LUV dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 3, 2026 | — | $0.18 | +0.0% |
| Jun 11, 2026 | — | $0.18 | +0.0% |
| Mar 12, 2026 | — | $0.18 | +0.0% |
| Dec 26, 2025 | — | $0.18 | +0.0% |
| Sep 3, 2025 | — | $0.18 | +0.0% |
| Jun 18, 2025 | — | $0.18 | +0.0% |
| Mar 12, 2025 | — | $0.18 | +0.0% |
| Dec 26, 2024 | — | $0.18 | +0.0% |
| Sep 4, 2024 | — | $0.18 | +0.0% |
| Jun 18, 2024 | — | $0.18 | +0.0% |
| Mar 5, 2024 | — | $0.18 | +0.0% |
| Dec 20, 2023 | — | $0.18 | +0.0% |
| Sep 5, 2023 | — | $0.18 | +0.0% |
| Jun 20, 2023 | — | $0.18 | +0.0% |
| Mar 7, 2023 | — | $0.18 | +0.0% |
| Jan 9, 2023 | — | $0.18 | +0.0% |
| Mar 3, 2020 | — | $0.18 | +0.0% |
| Dec 10, 2019 | — | $0.18 | +0.0% |
| Aug 20, 2019 | — | $0.18 | +0.0% |
| Jun 4, 2019 | — | $0.18 | +12.5% |
| Mar 5, 2019 | — | $0.16 | +0.0% |
| Dec 4, 2018 | — | $0.16 | +0.0% |
| Aug 21, 2018 | — | $0.16 | +0.0% |
| Jun 5, 2018 | — | $0.16 | +28.0% |
LUV dividend increases & cuts
Market-wide changes →No change to LUV's regular dividend detected in the last year of data.
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
LUV scores 0/100 on our yield-trap heuristic (low risk).
No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Southwest Airlines Co.
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and internationally. It also provides Rapid Rewards loyalty program; SWABIZ, an online booking tool; and inflight entertainment platform that includes movies-on-demand live and on-demand television, flight tracker, and additional curated content, as well as a variety of premium snacks and coffee. In addition, the company offers ancillary services, such as in-flight purchases, baggage fees, EarlyBird Check-In, and upgraded boarding, as well as transportation of pets and unaccompanied minors.
Sector: Industrials. Industry: Airlines. First dividend on our records: Mar 3, 1980. 177 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
LUV dividend FAQ
When is LUV's next ex-dividend date?
LUV's next ex-dividend date is Nov 29, 2026 (in 81 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.18 per share, expected on Dec 13, 2026.
How often does LUV pay dividends?
LUV pays dividends every quarter, 4 times a year. The most recent payment was $0.18 per share with an ex-date of Sep 3, 2026.
What is LUV's dividend yield?
LUV's trailing 12-month dividend yield is 1.86%, based on $0.72 per share paid over the last year and a share price of $38.67. The forward yield, using the indicated annual rate of $0.72 per share, is 1.86%.
How much does LUV pay per share?
LUV pays about $0.18 per share each quarter, which works out to roughly $0.72 per share a year. 100 shares would collect about $72.00 a year.
Has LUV grown or cut its dividend?
Over the last 3 years the regular payout changed +0.0% a year. There has been no cut to a regular payment in the last 5 years.
How many shares of LUV do I need to earn $100 a month?
At the current forward yield of 1.86%, you would need about 1,667 shares of LUV (roughly $64,450 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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