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% |
| Mar 6, 2018 | — | $0.125 | +0.0% |
| Dec 6, 2017 | — | $0.125 | +0.0% |
| Aug 22, 2017 | — | $0.125 | +0.0% |
| Jun 5, 2017 | — | $0.125 | +25.0% |
| Mar 7, 2017 | — | $0.10 | +0.0% |
| Dec 6, 2016 | — | $0.10 | +0.0% |
| Aug 16, 2016 | — | $0.10 | +0.0% |
| Jun 6, 2016 | — | $0.10 | +33.3% |
| Mar 1, 2016 | — | $0.075 | +0.0% |
| Dec 8, 2015 | — | $0.075 | +0.0% |
| Aug 18, 2015 | — | $0.075 | +0.0% |
| Jun 1, 2015 | — | $0.075 | +25.0% |
| Mar 3, 2015 | — | $0.06 | +0.0% |
| Dec 9, 2014 | — | $0.06 | +0.0% |
| Aug 19, 2014 | — | $0.06 | +0.0% |
| Jun 2, 2014 | — | $0.06 | +50.0% |
| Mar 4, 2014 | — | $0.04 | +0.0% |
| Dec 10, 2013 | — | $0.04 | +0.0% |
| Aug 6, 2013 | — | $0.04 | +0.0% |
| Jun 3, 2013 | — | $0.04 | +300.0% |
| Mar 5, 2013 | — | $0.01 | +0.0% |
| Dec 4, 2012 | — | $0.01 | +0.0% |
| Aug 14, 2012 | — | $0.01 | +0.0% |
| Jun 4, 2012 | — | $0.01 | +100.0% |
| Feb 28, 2012 | — | $0.005 | +0.0% |
| Dec 6, 2011 | — | $0.005 | +0.0% |
| Aug 23, 2011 | — | $0.005 | +0.0% |
| Jun 6, 2011 | — | $0.005 | +0.0% |
| Mar 1, 2011 | — | $0.005 | +0.0% |
| Dec 7, 2010 | — | $0.005 | +0.0% |
| Aug 24, 2010 | — | $0.005 | +0.0% |
| Jun 7, 2010 | — | $0.005 | +0.0% |
| Mar 2, 2010 | — | $0.005 | +0.0% |
| Dec 8, 2009 | — | $0.005 | +0.0% |
| Sep 1, 2009 | — | $0.005 | +0.0% |
| Jun 8, 2009 | — | $0.005 | +0.0% |
| Feb 24, 2009 | — | $0.005 | +0.0% |
| Dec 9, 2008 | — | $0.005 | +0.0% |
| Aug 26, 2008 | — | $0.005 | +0.0% |
| Jun 10, 2008 | — | $0.005 | +0.0% |
| Feb 26, 2008 | — | $0.005 | +0.0% |
| Dec 4, 2007 | — | $0.005 | +0.0% |
| Aug 28, 2007 | — | $0.005 | +0.0% |
| Jun 5, 2007 | — | $0.005 | +0.0% |
| Feb 27, 2007 | — | $0.005 | +0.0% |
| Dec 5, 2006 | — | $0.005 | +0.0% |
| Aug 29, 2006 | — | $0.005 | +0.0% |
| Jun 6, 2006 | — | $0.005 | +0.0% |
| Feb 28, 2006 | — | $0.005 | +0.0% |
| Dec 6, 2005 | — | $0.005 | +0.0% |
| Aug 30, 2005 | — | $0.005 | +0.0% |
| Jun 7, 2005 | — | $0.005 | +0.0% |
| Mar 1, 2005 | — | $0.005 | +0.0% |
| Dec 7, 2004 | — | $0.005 | +0.0% |
| Aug 31, 2004 | — | $0.005 | +0.0% |
| Jun 8, 2004 | — | $0.005 | +0.0% |
| Mar 2, 2004 | — | $0.005 | +0.0% |
| Dec 3, 2003 | — | $0.005 | +0.0% |
| Aug 29, 2003 | — | $0.005 | +0.0% |
| Jun 2, 2003 | — | $0.005 | +0.0% |
| Mar 4, 2003 | — | $0.005 | +0.0% |
| Dec 9, 2002 | — | $0.005 | +0.0% |
| Aug 30, 2002 | — | $0.005 | +0.0% |
| Jun 3, 2002 | — | $0.005 | +0.0% |
| Feb 27, 2002 | — | $0.005 | +0.0% |
| Dec 3, 2001 | — | $0.005 | +0.0% |
| Aug 31, 2001 | — | $0.005 | +66.7% |
| Jun 4, 2001 | — | $0.003 | -40.0% |
| Feb 28, 2001 | — | $0.005 | +25.0% |
| Dec 4, 2000 | — | $0.004 | +0.0% |
| Sep 1, 2000 | — | $0.004 | +0.0% |
| May 31, 2000 | — | $0.004 | +0.0% |
| Mar 1, 2000 | — | $0.004 | +0.0% |
| Dec 6, 1999 | — | $0.004 | +20.0% |
| Aug 30, 1999 | — | $0.0033 | -6.3% |
| Jun 2, 1999 | — | $0.0036 | +0.0% |
| Mar 3, 1999 | — | $0.0036 | +0.0% |
| Dec 7, 1998 | — | $0.0036 | +0.0% |
| Aug 31, 1998 | — | $0.0036 | +20.0% |
| Jun 3, 1998 | — | $0.003 | +0.0% |
| Mar 4, 1998 | — | $0.003 | +0.0% |
| Dec 8, 1997 | — | $0.003 | +25.0% |
| Aug 29, 1997 | — | $0.0024 | +0.0% |
| May 28, 1997 | — | $0.0024 | +0.0% |
| Feb 26, 1997 | — | $0.0024 | +20.0% |
| Dec 9, 1996 | — | $0.002 | +0.0% |
| Aug 30, 1996 | — | $0.002 | +0.0% |
| May 29, 1996 | — | $0.002 | +0.0% |
| Feb 28, 1996 | — | $0.002 | +0.0% |
| Dec 4, 1995 | — | $0.002 | +0.0% |
| Sep 1, 1995 | — | $0.002 | +0.0% |
| May 26, 1995 | — | $0.002 | +0.0% |
| Feb 27, 1995 | — | $0.002 | +0.0% |
| Nov 30, 1994 | — | $0.002 | +0.0% |
| Aug 30, 1994 | — | $0.002 | +0.0% |
| May 27, 1994 | — | $0.002 | +0.0% |
| Feb 28, 1994 | — | $0.002 | +0.0% |
| Nov 30, 1993 | — | $0.002 | +0.0% |
| Aug 30, 1993 | — | $0.002 | +0.0% |
| May 28, 1993 | — | $0.002 | +0.0% |
| Feb 26, 1993 | — | $0.002 | +0.0% |
| Dec 1, 1992 | — | $0.002 | +0.0% |
| Aug 31, 1992 | — | $0.002 | +11.1% |
| Jun 1, 1992 | — | $0.0018 | +8.0% |
| Feb 28, 1992 | — | $0.0016 | +0.0% |
| Nov 29, 1991 | — | $0.0016 | +0.0% |
| Aug 29, 1991 | — | $0.0016 | +0.0% |
| May 31, 1991 | — | $0.0016 | +0.0% |
| Mar 1, 1991 | — | $0.0016 | +0.0% |
| Nov 29, 1990 | — | $0.0016 | +0.0% |
| Sep 6, 1990 | — | $0.0016 | +7.2% |
| Jun 7, 1990 | — | $0.0015 | +0.0% |
| Mar 5, 1990 | — | $0.0015 | +0.0% |
| Nov 29, 1989 | — | $0.0015 | +0.0% |
| Sep 1, 1989 | — | $0.0015 | +0.0% |
| Jun 7, 1989 | — | $0.0015 | +0.0% |
| Mar 6, 1989 | — | $0.0015 | +0.0% |
| Nov 29, 1988 | — | $0.0015 | +9.3% |
| Sep 2, 1988 | — | $0.0014 | +0.0% |
| Jun 7, 1988 | — | $0.0014 | +0.0% |
| Mar 4, 1988 | — | $0.0014 | +0.0% |
| Nov 27, 1987 | — | $0.0014 | +0.0% |
| Sep 2, 1987 | — | $0.0014 | +0.0% |
| Jun 8, 1987 | — | $0.0014 | +0.0% |
| Mar 4, 1987 | — | $0.0014 | +0.0% |
| Nov 26, 1986 | — | $0.0014 | +0.0% |
| Sep 3, 1986 | — | $0.0014 | +0.0% |
| Jun 6, 1986 | — | $0.0014 | +0.0% |
| Mar 5, 1986 | — | $0.0014 | +0.0% |
| Nov 26, 1985 | — | $0.0014 | +0.0% |
| Sep 4, 1985 | — | $0.0014 | +0.0% |
| Jun 6, 1985 | — | $0.0014 | +0.0% |
| Mar 6, 1985 | — | $0.0014 | +0.0% |
| Nov 28, 1984 | — | $0.0014 | +0.0% |
| Sep 5, 1984 | — | $0.0014 | +0.0% |
| Jun 4, 1984 | — | $0.0014 | +0.0% |
| Mar 7, 1984 | — | $0.0014 | +0.0% |
| Nov 30, 1983 | — | $0.0014 | +0.0% |
| Sep 2, 1983 | — | $0.0014 | +0.0% |
| May 31, 1983 | — | $0.0014 | +0.0% |
| Mar 9, 1983 | — | $0.0014 | +0.0% |
| Nov 26, 1982 | — | $0.0014 | +0.0% |
| Sep 3, 1982 | — | $0.0014 | +0.0% |
| Jun 4, 1982 | — | $0.0014 | +0.0% |
| Mar 9, 1982 | — | $0.0014 | +0.0% |
| Nov 25, 1981 | — | $0.0014 | +25.0% |
| Sep 2, 1981 | — | $0.0011 | +0.0% |
| Jun 9, 1981 | — | $0.0011 | +0.0% |
| Mar 10, 1981 | — | $0.0011 | +0.0% |
| Nov 28, 1980 | — | $0.0011 | +0.0% |
| Sep 30, 1980 | — | $0.0011 | +50.1% |
| Jun 6, 1980 | — | $0.0007 | +0.0% |
| Mar 3, 1980 | — | $0.0007 | — |
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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