Southwest Airlines (LUV) Raises Quarterly Dividend 25% to $0.125; Sets New $2B Buyback

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Southwest Airlines Returns Value To Shareholders

May 17, 2017 1:06 PM EDT

DALLAS, May 17, 2017 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") 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 $2.0 billion share repurchase program. The quarterly dividend will increase to $.125 per share from $.10 per share, beginning with the 163rd consecutive quarterly dividend declared today to Shareholders of record at the close of business on June 7, 2017, on all shares then... More