Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Southwest Airlines (LUV) — Dividend Profile
Consumer Discretionary·Air Freight/Delivery Services
4y payment streakActiveQuarterly
Forward Yield
1.74%
@ $41.31
TTM Yield
1.31%
Forward Annual
$0.72
Quarterly
Market Cap
$20.0b
Payout (FCF)
—
-1.0x covered
Payout (Earnings)
47%
Latest Amount
$0.1800
Ex 2026-03-12
3y CAGR
-41.5%
5y CAGR
—
10y CAGR
-5.0%
Next Ex-Date
2026-06-11
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.20)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (70.9%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
No coverage
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
No coverage
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +15.4%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 14 settled events.
Median Ex-Date Drop
-1.02%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
86%
12 of 14 events recovered within 90 days
Median Recovery Time
1 days
1 – 20 days IQR
Avg Capture Yield
0.55%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (30)
Ex-Date▼AmountFrequencyPay DateType
2026-06-11$0.1800Quarterly2026-07-02recurring
2026-03-12$0.1800Quarterly2026-04-02recurring
2025-09-03$0.1800Quarterly2025-09-24recurring
2025-06-18$0.1800Quarterly2025-07-09recurring
2025-03-12$0.1800Quarterly2025-04-02recurring
2024-12-26$0.1800Quarterly2025-01-16recurring
2024-09-04$0.1800Quarterly2024-09-25recurring
2024-06-18$0.1800Quarterly2024-07-10recurring
2024-03-05$0.1800Quarterly2024-03-27recurring
2023-12-20$0.1800Quarterly2024-01-11recurring
2023-09-05$0.1800Quarterly2023-09-27recurring
2023-06-20$0.1800Quarterly2023-07-12recurring
2023-03-07$0.1800Quarterly2023-03-29recurring
2023-01-09$0.1800Quarterly2023-01-31recurring
2020-03-03$0.1800Quarterly2020-03-25recurring
2019-12-10$0.1800Quarterly2020-01-08recurring
2019-08-20$0.1800Quarterly2019-09-11recurring
2019-06-04$0.1800Quarterly2019-06-26recurring
2019-03-05$0.1600Quarterly2019-03-27recurring
2018-12-04$0.1600Quarterly2019-01-02recurring
2018-08-21$0.1600Quarterly2018-09-12recurring
2018-06-05$0.1600Quarterly2018-06-27recurring
2018-03-06$0.1250Quarterly2018-03-28recurring
2017-12-06$0.1250Quarterly2018-01-04recurring
2017-08-22$0.1250Quarterly2017-09-14recurring
2017-06-05$0.1250Quarterly2017-06-28recurring
2017-03-07$0.1000Quarterly2017-03-30recurring
2016-12-06$0.1000Quarterly2017-01-05recurring
2016-08-16$0.1000Quarterly2016-09-08recurring
2016-06-06$0.1000Quarterly2016-06-29recurring
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