Southwest Airlines Co (LUV) Dividends & Splits

Southwest Airlines Co (LUV) has a history of paying dividends and splitting its stock. The dividend yield for LUV is a measure of the annual dividend payment divided by the stock's price. This ratio shows the amount of income a shareholder can expect to receive from their investment. The payout ratio is another important metric that indicates the percentage of earnings paid out as dividends. A lower ratio suggests that the company can sustain its dividend payments even during economic downturns.

The dividend ex-date is the day on which the stock trades without the dividend. This means that shareholders who purchase the stock on or after this date will not receive the upcoming dividend payment. On the other hand, those who own the stock before the ex-date will be eligible for the dividend. LUV has also undergone stock splits in the past, which involve dividing existing shares into multiple shares. The split multiple refers to the ratio of new shares received for each existing share held. This can have the effect of reducing the stock price, making it more affordable for investors.