Southwest Airlines has declared a quarterly cash dividend of $0.18 per share.
The ex-dividend date will be December 26, 2025 (at the close of business), and the dividend will be paid on January 16, 2026.
Southwest stock was unmoved following the announcement, trading at $31.95 intraday on Thursday, November 20. The dividend yield would be approximately 2.26% based on the current share price.
Last month, Southwest reported a third-quarter profit of $54 million, which beat analysts' expectations but represented a 19.4% decline from the same period last year.
Operating revenue reached a record $6.9 billion, up 1.1%, while passenger revenue increased 1% to $6.3 billion and other revenue rose 2.9% to $594 million.
Operating expenses were up 1.2% to $6.9 billion, resulting in an operating profit of $35 million, down 7.9% compared to the third quarter of last year.
Unit revenue increased 0.4% to 15.25 cents while unit costs were also up 0.4% to 15.17 cents.