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

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

May 16, 2018 9:47 AM EDT

Southwest Airlines (NYSE: LUV) declared a quarterly dividend of $0.16 per share, or $0.64 annualized. This is a 28% increase from the prior dividend of $0.125.

The dividend will be payable on June 27, 2018, to stockholders of record on June 6, 2018, with an ex-dividend date of June 5, 2018.

The annual yield on the dividend is 1.2 percent.

authorized a new $2.0 billion share repurchase program.

Gary C. Kelly, Chairman of the Board and Chief Executive Officer, stated: "Based on our solid financial results and strong cash flow outlook... More

Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM (MGM) (more...)

May 15, 2018 4:20 PM EDT

Appaloosa released its 13F for the quarter ending March, 2018. Below is a summary.

New Stakes
ALERIAN MLP ETF (NYSE: AMLP) new 5,068,188 share position
Applied Materials Inc (NASDAQ: AMAT) new 1,570,000 share position
BOYD GAMING CORPORATION (NYSE: BYD) new 1,354,896 share position
KNIGHT TRANSPORTATION, Inc. (NYSE: KNX) new 950,000 share position
Lam Research (NASDAQ: LRCX) new 1,295,586 share position
Nvidia Corporation (NASDAQ: NVDA) new 150,000 share position
Peabody Energy (NYSE: BTU) new 591,424... More

Buffett's Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More...)

May 15, 2018 4:12 PM EDT

Warren Buffett's Berkshire released its 13F for the quarter ending March, 2018, confirming its increased stake in Apple.

New Stakes

None

Raised Stakes
Apple Inc. (NASDAQ: AAPL) raised from 165,333,962 shares to 239,567,633 shares
Bank of New York (NYSE: BK) raised from 60,818,783 shares to 62,191,448 shares
Delta Air Lines (NYSE: DAL) raised from 53,110,395 shares to 53,599,357 shares
Liberty Media Corporation (NASDAQ: LSXMA) raised from 14,860,360 shares to 31,090,985 shares
Monsanto Company (NYSE: MON) raised from 11,708,747 shares to... More