Southwest Airlines Co. (LUV) To Go Ex-Dividend on September 3rd

Southwest Airlines Co. (NYSE:LUV) declared a quarterly dividend on Thursday, July 30th. Investors of record on Thursday, September 3rd will be given a dividend of 0.18 per share by the airline on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Thursday, September 3rd.

Southwest Airlines has increased its dividend payment by an average of 0.3%per year over the last three years. Southwest Airlines has a payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Southwest Airlines to earn $5.25 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 13.7%.

Southwest Airlines Trading Down 2.8%

LUV opened at $38.54 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.42 and a current ratio of 0.49. The stock has a market capitalization of $18.85 billion, a PE ratio of 23.64, a P/E/G ratio of 0.36 and a beta of 1.14. The business’s 50 day moving average price is $46.39 and its 200 day moving average price is $43.94. Southwest Airlines has a one year low of $29.26 and a one year high of $55.11.

Southwest Airlines (NYSE:LUV) last released its quarterly earnings results on Wednesday, July 22nd. The airline reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.42. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The business had revenue of $8.72 billion for the quarter, compared to the consensus estimate of $8.58 billion. During the same period in the previous year, the firm earned $0.43 EPS. The business’s revenue was up 16.4% on a year-over-year basis. Southwest Airlines has set its FY 2026 guidance at 3.250-4.250 EPS and its Q3 2026 guidance at 0.500-0.750 EPS. As a group, equities research analysts expect that Southwest Airlines will post 3.32 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.