SOUTHWEST AIRLINES DECLARES 176th QUARTERLY DIVIDEND

Rhea-AI Summary

Southwest Airlines Co. (NYSE: LUV) has announced a quarterly cash dividend of $.18 per share for shareholders of record as of March 8, 2023. The dividend will be disbursed on March 29, 2023, marking the 176th quarterly dividend declared by the airline. This move reflects the company's ongoing commitment to return value to its shareholders.

AI-generated analysis. Not financial advice.

Positive

• Quarterly cash dividend of $.18 per share enhances shareholder value.
• Dividend payment reflects ongoing financial health and commitment to investors.

Negative

• None.

News Market Reaction – LUV

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-0.39% News Effect

On the day this news was published, LUV declined 0.39%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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DALLAS, Feb. 1, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on March 8, 2023, on all shares then issued and outstanding. The quarterly dividend will be paid on March 29, 2023.

SW-DSR

 

View original content:https://www.prnewswire.com/news-releases/southwest-airlines-declares-176th-quarterly-dividend-301736422.html

SOURCE Southwest Airlines Co.

FAQ

What is the dividend amount declared by Southwest Airlines for 2023?

Southwest Airlines has declared a cash dividend of $.18 per share.

When is the dividend payment date for Southwest Airlines in 2023?

The dividend will be paid on March 29, 2023.

What is the record date for the Southwest Airlines dividend?

The record date for the dividend is March 8, 2023.

How many quarterly dividends has Southwest Airlines declared?

Southwest Airlines has declared its 176th quarterly dividend.