Southwest Airlines Returns Value To Shareholders
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May 13, 2015 11:14 AM EDT
Southwest Airlines (NYSE: LUV) declared a quarterly dividend of $0.075 per share, or $0.3 annualized. This is a 25% increase from the prior dividend of $0.06.
The dividend will be payable on June 24, 2015, to stockholders of record on June 3, 2015, with an ex-dividend date of June 1,... More
May 13, 2015 11:13 AM EDT
Southwest Airlines (NYSE: LUV) announces the Southwest Airlines Board of Directors, at its meeting held today, increased the Company's quarterly dividend by 25 percent and authorized a new $1.5 billion share repurchase program. Under the new $1.5 billion share repurchase authorization, the Company intends to repurchase an initial $300 million of Southwest common stock under an accelerated share repurchase program. The quarterly dividend will increase to $.075 per share from $.06 per share, beginning with the 155th consecutive quarterly dividend declared today to Shareholders of record at the close of business on June 3, 2015 on all shares then issued and... More
