For how long has Southwest Airlines been paying dividends and how much has it paid in total?

Southwest Airlines has been paying dividends for 30 years, from 1995 to 2025. Over this period, the company has distributed a total of $4.58 per share in dividends to its shareholders, demonstrating consistent commitment to returning value to investors.

When was Southwest Airlines's last dividend payment and how much was paid per share?

Southwest Airlines's most recent dividend payment was $0.18 per share, with an ex-dividend date of March 12, 2025. Investors who owned the stock before this date were entitled to receive this dividend payment.

What was Southwest Airlines's highest annual dividend payment year and what amount was paid?

Southwest Airlines's highest annual dividend was paid in 2024, when the company distributed $0.72 per share across 4 payments throughout the year. This represented the peak of the company's dividend generosity and reflects strong financial performance during that period.

How do Southwest Airlines's dividend payments in 2023 compare to 2024?

Comparing Southwest Airlines's dividend payments, the company paid $0.72 per share in 2023 versus $0.72 per share in 2024, representing no change. This year-over-year comparison helps investors understand the trajectory of the company's dividend policy.

How much would a $10,000 investment in Southwest Airlines have generated in dividends over the past 10 years?

Over the past 10 years, Southwest Airlines has paid a total of $4.07 per share in dividends. Based on current stock price estimates, a $10,000 investment would have generated approximately $1,282.70 in dividend income during this period, demonstrating the value of dividend investing for long-term investors.

Southwest Airlines (LUV) | Dividend History & Payments | 1995 - 2025

Southwest Airlines Co. | Large-cap | Industrials

$31.73 -2.61% | Southwest Airlines Stock Comparison:

Southwest Airlines vs Delta Air Lines Southwest Airlines vs United Airlines Southwest Airlines vs American Airlines Southwest Airlines vs Alaska Air Southwest Airlines vs Copa Holdings S.A Southwest Airlines vs S&P 500 | Market

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Southwest Airlines Dividend Key Statistics

Southwest Airlines is expected to pay $0.36 per share annually, representing a forward dividend yield of 1.10%. The company's 5-year average dividend yield stands at 1.03%. The company maintains a payout ratio of 80.90%, indicating how much of its earnings are distributed as dividends.

Expected Annual Dividend $0.36

Expected Yield 1.10%

Last 12-Month Dividend $0.36

Current Yield 1.10%

5-Year Avg Yield 1.03%

Last 5Y Dividend $1.62

Payout Ratio 80.90%

Date Range May 1995 - Mar 2025

All Time Dividend $4.58

Last Ex-Dividend Date Jun 18, 2025

Southwest Airlines Yearly Dividend History Chart

Dividend Payment History

Ex-Date	Amount	Yield	Stock Price
Mar 12, 2025	$0.18	0.52%	$34.83
Dec 26, 2024	$0.18	0.54%	$33.61
Sep 4, 2024	$0.18	0.63%	$28.68
Jun 18, 2024	$0.18	0.63%	$28.61
Mar 5, 2024	$0.18	0.63%	$28.35
Dec 20, 2023	$0.18	0.62%	$28.88
Jun 20, 2023	$0.18	0.50%	$36.21
Mar 7, 2023	$0.18	0.60%	$30.03
Jan 9, 2023	$0.18	0.49%	$36.99
Mar 3, 2020	$0.18	0.44%	$41.28
Dec 10, 2019	$0.18	0.33%	$54.63
Aug 20, 2019	$0.18	0.34%	$52.32
Jun 4, 2019	$0.18	0.35%	$51.82
Mar 5, 2019	$0.16	0.31%	$51.37
Dec 4, 2018	$0.16	0.32%	$50.09
Aug 21, 2018	$0.16	0.26%	$61.30
Jun 5, 2018	$0.16	0.31%	$52.18
Mar 6, 2018	$0.12	0.21%	$60.90
Dec 6, 2017	$0.12	0.19%	$64.70
Aug 22, 2017	$0.12	0.24%	$52.19
Jun 5, 2017	$0.12	0.21%	$59.46
Mar 7, 2017	$0.10	0.19%	$53.18
Dec 6, 2016	$0.10	0.20%	$49.93
Aug 16, 2016	$0.10	0.28%	$36.27
Jun 6, 2016	$0.10	0.23%	$43.63

Year	Payments	Total Amount	Avg Amount	Avg Yield
2025	1	$0.18	$0.18	0.52%
2024	4	$0.72	$0.18	0.61%
2023	4	$0.72	$0.18	0.55%
2020	1	$0.18	$0.18	0.44%
2019	4	$0.70	$0.18	0.33%
2018	4	$0.60	$0.15	0.28%
2017	4	$0.46	$0.12	0.21%
2016	4	$0.37	$0.09	0.22%
2015	4	$0.27	$0.07	0.18%
2014	4	$0.22	$0.06	0.18%
2013	4	$0.13	$0.03	0.22%
2012	4	$0.03	$0.01	0.09%
2011	4	$0.00	$0.00	0.04%
2010	4	$0.00	$0.00	0.04%
2009	4	$0.00	$0.00	0.06%
2008	4	$0.00	$0.00	0.04%
2007	4	$0.00	$0.00	0.03%
2006	3	$0.00	$0.00	0.03%
2005	3	$0.00	$0.00	0.03%
2004	4	$0.00	$0.00	0.03%
2003	4	$0.00	$0.00	0.03%
2002	4	$0.00	$0.00	0.03%
2001	3	$0.00	$0.00	0.03%
2000	4	$0.00	$0.00	0.02%
1999	4	$0.00	$0.00	0.03%
1998	4	$0.00	$0.00	0.04%
1997	4	$0.00	$0.00	0.04%
1996	4	$0.00	$0.00	0.04%
1995	3	$0.00	$0.00	0.04%

Complete Dividend Payment History

Ex-Date	Amount	Yield	Stock Price
Mar 12, 2025	$0.18	0.52%	$34.83
Dec 26, 2024	$0.18	0.54%	$33.61
Sep 4, 2024	$0.18	0.63%	$28.68
Jun 18, 2024	$0.18	0.63%	$28.61
Mar 5, 2024	$0.18	0.63%	$28.35
Dec 20, 2023	$0.18	0.62%	$28.88
Jun 20, 2023	$0.18	0.50%	$36.21
Mar 7, 2023	$0.18	0.60%	$30.03
Jan 9, 2023	$0.18	0.49%	$36.99
Mar 3, 2020	$0.18	0.44%	$41.28
Dec 10, 2019	$0.18	0.33%	$54.63
Aug 20, 2019	$0.18	0.34%	$52.32
Jun 4, 2019	$0.18	0.35%	$51.82
Mar 5, 2019	$0.16	0.31%	$51.37
Dec 4, 2018	$0.16	0.32%	$50.09
Aug 21, 2018	$0.16	0.26%	$61.30
Jun 5, 2018	$0.16	0.31%	$52.18
Mar 6, 2018	$0.12	0.21%	$60.90
Dec 6, 2017	$0.12	0.19%	$64.70
Aug 22, 2017	$0.12	0.24%	$52.19
Jun 5, 2017	$0.12	0.21%	$59.46
Mar 7, 2017	$0.10	0.19%	$53.18
Dec 6, 2016	$0.10	0.20%	$49.93
Aug 16, 2016	$0.10	0.28%	$36.27
Jun 6, 2016	$0.10	0.23%	$43.63
Mar 1, 2016	$0.07	0.17%	$43.33
Dec 8, 2015	$0.07	0.18%	$42.74
Aug 18, 2015	$0.07	0.20%	$37.10
Jun 1, 2015	$0.07	0.20%	$37.17
Mar 3, 2015	$0.06	0.13%	$44.51
Dec 9, 2014	$0.06	0.15%	$40.26
Aug 19, 2014	$0.06	0.19%	$32.01
Jun 2, 2014	$0.06	0.22%	$27.59
Mar 4, 2014	$0.04	0.17%	$23.92
Dec 10, 2013	$0.04	0.21%	$18.86
Aug 6, 2013	$0.04	0.30%	$13.34
Jun 3, 2013	$0.04	0.29%	$13.88
Mar 5, 2013	$0.01	0.08%	$12.38
Dec 4, 2012	$0.01	0.10%	$10.19
Aug 14, 2012	$0.01	0.11%	$9.21
Jun 4, 2012	$0.01	0.11%	$9.06
Feb 28, 2012	$0.00	0.05%	$8.48
Dec 6, 2011	$0.00	0.05%	$8.71
Aug 23, 2011	$0.00	0.05%	$8.25
Jun 6, 2011	$0.00	0.04%	$10.93
Mar 1, 2011	$0.00	0.04%	$12.72
Dec 7, 2010	$0.00	0.03%	$12.93
Aug 24, 2010	$0.00	0.04%	$11.57
Jun 7, 2010	$0.00	0.04%	$12.07
Mar 2, 2010	$0.00	0.03%	$13.00
Dec 8, 2009	$0.00	0.04%	$11.24
Sep 1, 2009	$0.00	0.05%	$9.34
Jun 8, 2009	$0.00	0.07%	$6.61
Feb 24, 2009	$0.00	0.09%	$5.13
Dec 9, 2008	$0.00	0.05%	$8.19
Aug 26, 2008	$0.00	0.03%	$15.74
Jun 10, 2008	$0.00	0.03%	$14.11
Feb 26, 2008	$0.00	0.04%	$12.19
Dec 4, 2007	$0.00	0.03%	$13.24
Aug 28, 2007	$0.00	0.03%	$14.82
Jun 5, 2007	$0.00	0.03%	$14.54
Feb 27, 2007	$0.00	0.03%	$15.07
Dec 5, 2006	$0.00	0.03%	$15.89
Aug 29, 2006	$0.00	0.03%	$16.48
Jun 6, 2006	$0.00	0.03%	$16.30
Aug 30, 2005	$0.00	0.03%	$13.76
Jun 7, 2005	$0.00	0.03%	$14.07
Mar 1, 2005	$0.00	0.03%	$14.19
Dec 7, 2004	$0.00	0.03%	$15.80
Aug 31, 2004	$0.00	0.03%	$14.33
Jun 8, 2004	$0.00	0.03%	$15.88
Mar 2, 2004	$0.00	0.03%	$13.90
Dec 3, 2003	$0.00	0.03%	$15.89
Aug 29, 2003	$0.00	0.03%	$18.00
Jun 2, 2003	$0.00	0.03%	$16.53
Mar 4, 2003	$0.00	0.03%	$13.38
Dec 9, 2002	$0.00	0.03%	$15.14
Aug 30, 2002	$0.00	0.03%	$14.08
Jun 3, 2002	$0.00	0.03%	$16.96
Feb 27, 2002	$0.00	0.02%	$19.90
Aug 31, 2001	$0.00	0.03%	$16.94
Jun 4, 2001	$0.00	0.02%	$18.55
Feb 28, 2001	$0.00	0.03%	$17.17
Dec 4, 2000	$0.00	0.02%	$21.26
Sep 1, 2000	$0.00	0.02%	$15.46
May 31, 2000	$0.00	0.03%	$13.67
Mar 1, 2000	$0.00	0.03%	$12.46
Dec 6, 1999	$0.00	0.03%	$10.54
Aug 30, 1999	$0.00	0.03%	$11.38
Jun 2, 1999	$0.00	0.03%	$13.64
Mar 3, 1999	$0.00	0.02%	$13.86
Dec 7, 1998	$0.00	0.03%	$9.61
Aug 31, 1998	$0.00	0.04%	$7.83
Jun 3, 1998	$0.00	0.04%	$8.43
Mar 4, 1998	$0.00	0.03%	$9.15
Dec 8, 1997	$0.00	0.04%	$7.59
Aug 29, 1997	$0.00	0.04%	$5.88
May 28, 1997	$0.00	0.04%	$5.21
Feb 26, 1997	$0.00	0.05%	$4.67
Dec 9, 1996	$0.00	0.05%	$4.49
Aug 30, 1996	$0.00	0.05%	$4.49
May 29, 1996	$0.00	0.04%	$5.70
Feb 28, 1996	$0.00	0.04%	$5.83
Dec 4, 1995	$0.00	0.04%	$4.89
Sep 1, 1995	$0.00	0.04%	$5.26
May 26, 1995	$0.00	0.05%	$4.30

Yearly Dividend Summary

Year	Payments	Total Amount	Average Amount	Average Yield
2025	1	$0.18	$0.18	0.52%
2024	4	$0.72	$0.18	0.61%
2023	4	$0.72	$0.18	0.55%
2020	1	$0.18	$0.18	0.44%
2019	4	$0.70	$0.18	0.33%
2018	4	$0.60	$0.15	0.28%
2017	4	$0.46	$0.12	0.21%
2016	4	$0.37	$0.09	0.22%
2015	4	$0.27	$0.07	0.18%
2014	4	$0.22	$0.06	0.18%
2013	4	$0.13	$0.03	0.22%
2012	4	$0.03	$0.01	0.09%
2011	4	$0.00	$0.00	0.04%
2010	4	$0.00	$0.00	0.04%
2009	4	$0.00	$0.00	0.06%
2008	4	$0.00	$0.00	0.04%
2007	4	$0.00	$0.00	0.03%
2006	3	$0.00	$0.00	0.03%
2005	3	$0.00	$0.00	0.03%
2004	4	$0.00	$0.00	0.03%
2003	4	$0.00	$0.00	0.03%
2002	4	$0.00	$0.00	0.03%
2001	3	$0.00	$0.00	0.03%
2000	4	$0.00	$0.00	0.02%
1999	4	$0.00	$0.00	0.03%
1998	4	$0.00	$0.00	0.04%
1997	4	$0.00	$0.00	0.04%
1996	4	$0.00	$0.00	0.04%
1995	3	$0.00	$0.00	0.04%

Southwest Airlines & Peers | Dividend Comparison

Company	Annual Rate	Current Yield	5Y Avg Yield	Payout Ratio	EX DIV. DATE
American Airlines AAL	$0.40	3.67%	1.27%	-	Feb 4, 2020
Alaska Air ALK	$4.19	8.83%	1.95%	-	Feb 14, 2020
Copa Holdings S.A CPA	$1.62	1.56%	3.08%	43.99%	May 30, 2025
Delta Air Lines DAL	$0.30	0.61%	2.30%	9.75%	May 13, 2025
Southwest Airlines LUV	$0.36	1.10%	1.03%	80.90%	Jun 18, 2025

Only companies with available dividend data are shown. Click on peer company names to view their detailed dividend history.

Frequently Asked Questions

For how long has Southwest Airlines been paying dividends and how much has it paid in total?: Southwest Airlines has been paying dividends for 30 years, from 1995 to 2025. Over this period, the company has distributed a total of $4.58 per share in dividends to its shareholders, demonstrating consistent commitment to returning value to investors.
When was Southwest Airlines's last dividend payment and how much was paid per share?: Southwest Airlines's most recent dividend payment was $0.18 per share, with an ex-dividend date of March 12, 2025. Investors who owned the stock before this date were entitled to receive this dividend payment.
What was Southwest Airlines's highest annual dividend payment year and what amount was paid?: Southwest Airlines's highest annual dividend was paid in 2024, when the company distributed $0.72 per share across 4 payments throughout the year. This represented the peak of the company's dividend generosity and reflects strong financial performance during that period.
How do Southwest Airlines's dividend payments in 2023 compare to 2024?: Comparing Southwest Airlines's dividend payments, the company paid $0.72 per share in 2023 versus $0.72 per share in 2024, representing no change. This year-over-year comparison helps investors understand the trajectory of the company's dividend policy.
How much would a $10,000 investment in Southwest Airlines have generated in dividends over the past 10 years?: Over the past 10 years, Southwest Airlines has paid a total of $4.07 per share in dividends. Based on current stock price estimates, a $10,000 investment would have generated approximately $1,282.70 in dividend income during this period, demonstrating the value of dividend investing for long-term investors.

For more common questions about our data, please visit our About Data page.

Dividend data is provided for informational purposes only. Ex-dates, amounts, and yields may be subject to adjustments. Devyara does not guarantee the accuracy of the dividend data displayed.