Southwest Airlines (LUV) Reinstates, Declares $0.18 Quarterly Dividend; 1.8% Yield

Southwest Airlines (NYSE: LUV) reinstated and declared a quarterly dividend of $0.18 per share, or $0.72 annualized.

The dividend will be payable on January 31, 2023, to stockholders of record on January 10, 2023, with an ex-dividend date of January 9, 2023.

The annual yield on the dividend is 1.8 percent.

Bob Jordan, Chief Executive Officer, stated: "We are pleased with the Board's decision to reinstate our quarterly dividend for Shareholders. Today's announcement reflects the strong return in demand for air travel and the Company's solid operating and financial results since March 2022. As we bring the year to a close, our fourth quarter 2022 outlook remains strong, and we have a solid plan for 20233. The reinstatement of our quarterly dividend also reflects our balance sheet strength and continued focus on generating consistently healthy earnings, margins, and long-term capital returns."

For a dividend history and other dividend-related data on Southwest Airlines (LUV) click here.

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