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

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Cowen Reiterates Outperform on Southwest Airlines (LUV) Folowing Dividend Hike

May 17, 2018 7:42 AM EDT

Cowen reiterated an Outperform rating and $65.00 price target on Southwest (NYSE: LUV) as the company announces a 28% increase in the dividend and re-upped its share repurchase program by $2 billion.

Analyst Helane Becker believes that there is upside potential to our 2019 EPS estimate as... More