Southwest Airlines (LUV) Raises Quarterly Dividend 28% to $0.16; Approves $2B Buyback

Go back to Southwest Airlines (LUV) Raises Quarterly Dividend 28% to $0.16; Approves $2B Buyback

Southwest Airlines Returns Value To Shareholders

May 16, 2018 9:45 AM EDT

DALLAS, May 16, 2018 /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 28 percent and authorized a new $2.0 billion share repurchase program. The quarterly dividend will increase to $.16 per share from $.125 per share, beginning with the 167th consecutive quarterly dividend declared today to Shareholders of record at the close of business on June 6, 2018, on all shares then... More