Southwest Airlines dividend yield LUV

Dividends per share over the last twelve months divided by the share price, since 1980.

Today, Oct 23, 2026: 1.72%
10-year median: 1.5%
Against its 10-year history: 57th; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.5% to 3.2%
Peer median: 1.0%

Southwest Airlines pays 1.72% of its share price in dividends over a year, as of Oct 23, 2026.

That is above its ten-year median of 1.5%, close to the middle of its last ten years.

Over that time it ranged from 0.5% in Jan 2023 to 3.2% in Oct 2023.

The median for 3 airline and airport stocks of a similar size is 1.0%.

Dividend yield over time

median 1.5%

The dashed line is the 10-year median and the shaded band the middle half of its days.

Year	End of year	Low	High
2026 so far	1.7%	1.3%	1.9%
2025	1.7%	1.7%	2.9%
2024	2.1%	2.1%	2.9%
2023	2.5%	0.5%	3.2%
2022	n/m a yield above 25% (usually a special dividend or a bad record)
2021	1.2%	1.2%	1.6%
2020	1.5%	1.2%	3.0%
2019	1.3%	1.0%	1.3%
2018	1.3%	0.7%	1.3%
2017	0.7%	0.6%	0.9%
2016	0.8%	0.6%	1.0%
2015	0.7%	0.5%	0.8%
2014	0.5%	0.5%	0.7%
2013	0.7%	0.3%	0.8%
2012	0.3%	0.2%	0.4%
2011	0.2%	0.1%	0.2%
2010	0.1%	0.1%	0.2%
2009	0.2%	0.2%	0.4%
2008	0.2%	0.1%	0.2%
2007	0.1%	0.1%	0.1%

Companies in Airlines, Airports & Air Services nearest Southwest Airlines' size, closest first, today.

Yearly dividends per share divided by the share price.

A yield that suddenly looks high often means the price fell because the dividend is at risk.

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.