Southwest Airlines Company (LUV) Ex-Dividend Date Scheduled for December 04, 2012

By NASDAQ.com News November 30, 2012, 09:00:04 AM EDT

Southwest Airlines Company ( LUV ) has announced an ex-dividend date of December 04, 2012 and a cash dividend payment of $0.01 per share scheduled for January 03, 2013. Shareholders who purchased LUV stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LUV has paid the same dividend. At the current stock price of $9.5, the dividend yield is .42%.

The previous trading day's last sale of LUV was $9.5, representing a -5.47% decrease from the 52 week high of $10.05 and a 22.42% increase over the 52 week low of $7.76.

LUV is a part of the Transportation sector, which includes companies such as FedEx Corporation ( FDX ) and LATAM Airlines Group S.A. ( LFL ). LUV's current earnings per share, an indicator of a company's profitability, is $.65. Zacks Investment Research reports LUV's forecasted earnings growth in 2012 as 26.65%, compared to an industry average of 7%.

For more information on the declaration, record and payment dates, visit the LUV Dividend History page.

Interested in gaining exposure to LUV through an Exchange Traded Fund [ETF]?
The following ETF(s) have LUV as a top-10 holding:

  • Guggenheim Airline ETF ( FAA ).

The top-performing ETF of this group is FAA with an increase of 2.71% over the last 100 days. It also has the highest percent weighting of LUV at 15.64%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: FAA, FDX, LFL, LUV



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