Southwest Airlines Company Dividends
The next dividend date for Southwest Airlines Company has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Southwest Airlines Company (LUV)
| 09/03/2026 | 07/30/2026 | 09/03/2026 | 09/24/2026 | $0.18 |
| 06/11/2026 | 05/07/2026 | 06/11/2026 | 07/02/2026 | $0.18 |
| 03/12/2026 | 02/05/2026 | 03/12/2026 | 04/02/2026 | $0.18 |
| 12/26/2025 | 11/20/2025 | 12/26/2025 | 01/16/2026 | $0.18 |
| 09/03/2025 | 07/31/2025 | 09/03/2025 | 09/24/2025 | $0.18 |
| 06/18/2025 | 05/13/2025 | 06/18/2025 | 07/09/2025 | $0.18 |
| 03/12/2025 | 02/05/2025 | 03/12/2025 | 04/02/2025 | $0.18 |
| 12/26/2024 | 11/21/2024 | 12/26/2024 | 01/16/2025 | $0.18 |
| 09/04/2024 | 07/31/2024 | 09/04/2024 | 09/25/2024 | $0.18 |
| 06/18/2024 | 05/15/2024 | 06/19/2024 | 07/10/2024 | $0.18 |
More About Southwest Airlines Company
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and internationally. It also provides Rapid Rewards loyalty program; SWABIZ, an online booking tool; and inflight entertainment platform that includes movies-on-demand live and on-demand television, flight tracker, and additional curated content, as well as a variety of premium snacks and coffee. In addition, the company offers ancillary services, such as in-flight purchases, baggage fees, EarlyBird Check-In, and upgraded boarding, as well as transportation of pets and unaccompanied minors. As of December 31, 2025, the company operated a total fleet of 803 Boeing 737 aircraft; and served 117 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.
Owning Southwest Airlines Company Stock on the Dividend Date
If you own Southwest Airlines Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Southwest Airlines Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Southwest Airlines Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Southwest Airlines Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Southwest Airlines Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Southwest Airlines Company Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Southwest Airlines Company stock price from the dividend is already baked into Southwest Airlines Company option prices.
That means the prices of call options that overlap the Southwest Airlines Company ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Southwest Airlines Company ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Southwest Airlines Company call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Southwest Airlines Company put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Southwest Airlines Company Dividends
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