Southwest Airlines Co. (LUV) To Go Ex-Dividend on June 11th

Southwest Airlines Co. (NYSE:LUV) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.18 per share by the airline on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, June 11th.

Southwest Airlines has raised its dividend payment by an average of 0.3%per year over the last three years. Southwest Airlines has a dividend payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Southwest Airlines to earn $5.04 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 14.3%.

Southwest Airlines Price Performance

Shares of NYSE:LUV opened at $41.29 on Friday. The company has a 50-day simple moving average of $40.90 and a 200-day simple moving average of $40.61. Southwest Airlines has a one year low of $28.98 and a one year high of $55.11. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.41 and a current ratio of 0.48. The stock has a market capitalization of $20.18 billion, a price-to-earnings ratio of 26.64, a PEG ratio of 0.46 and a beta of 1.12.

Southwest Airlines (NYSE:LUV) last announced its earnings results on Wednesday, April 22nd. The airline reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. The business had revenue of $7.25 billion during the quarter, compared to analysts’ expectations of $8.46 billion. During the same period in the prior year, the company earned ($0.13) earnings per share. The business’s revenue was up 12.8% compared to the same quarter last year. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. On average, analysts predict that Southwest Airlines will post 2.77 EPS for the current year.

About Southwest Airlines

Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest’s operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.

Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.