Southwest Airlines Co (LUV) dividend history and payment record
Southwest Airlines Co pays dividends quarterly. We hold 177 payments for it, going back to March 1980 — the full record is below, with what it has paid and when, and how far ahead of each ex-date it declares. We don't publish a predicted next ex-dividend date for LUV. As soon as the company declares one it will appear at the top of this page; until then the record below is what we hold.
LUV dividend at a glance
| Most recent payment | $0.18 per share, September 3, 2026 |
|---|---|
| Indicated annual dividend | $0.72 per share, at the current rate and cadence |
| Payment frequency | Quarterly |
| Change over the past year | Held at $0.18 |
| 5-year growth rate | 2.4% a year, compounded ($0.16 → $0.18) |
| Typical announcement lead | Declared about 33 days before the ex-date, across 43 announcements |
| Typical time to payment | Paid about 23 days after the ex-date |
| History on file | 177 payments since March 1980 |
Southwest Airlines Co's dividend schedule
Southwest Airlines Co has paid quarterly across the 46 years of records we hold, with the most recent ex-date on September 3, 2026. Its ex-dates usually land in the first third of the month.
Across the 43 announcements we have on file, LUV declares a dividend a median of 33 days before the shares go ex. That is roughly how much notice LUV gives you before each ex-date, once its board declares. The cash then arrives about 23 days after the ex-date.
Increases have a season: of the 10 raises in our record, most take effect with the June payment, so that is the ex-date to watch for a change in the amount.
LUV dividend history
The last 16 payments on record, of 177 going back to March 1980.
| Ex-date | Amount |
|---|---|
| Sep 3, 2026 | $0.18 |
| Jun 11, 2026 | $0.18 |
| Mar 12, 2026 | $0.18 |
| Dec 26, 2025 | $0.18 |
| Sep 3, 2025 | $0.18 |
| Jun 18, 2025 | $0.18 |
| Mar 12, 2025 | $0.18 |
| Dec 26, 2024 | $0.18 |
| Sep 4, 2024 | $0.18 |
| Jun 18, 2024 | $0.18 |
| Mar 5, 2024 | $0.18 |
| Dec 20, 2023 | $0.18 |
| Sep 5, 2023 | $0.18 |
| Jun 20, 2023 | $0.18 |
| Mar 7, 2023 | $0.18 |
| Jan 9, 2023 | $0.18 |
Amounts are per share as reported on each ex-date, and are not restated for later share splits — a split shows up here as a step down in the per-share amount. Shown for schedule context, not as a yield.
Frequently asked questions
- Do I need to own LUV before the ex-dividend date?
- Yes. You must already hold the shares when trading opens on the ex-dividend date to receive the payment. Buying on the ex-date itself is too late — the seller keeps that dividend. See ex-date vs record date vs payment date for how the dates fit together.
- How often does LUV pay a dividend?
- Southwest Airlines Co has historically paid quarterly, across 177 payments since March 1980.
- How much does LUV pay per share?
- The most recent payment was $0.18 per share, with an ex-date of September 3, 2026. At that rate and frequency the indicated annual dividend is $0.72 a share. This is the cash amount, not a yield — a yield depends on the share price you pay.
- How far in advance does LUV announce its dividend?
- A median of 33 days before the ex-date, across the 43 declarations we hold.