Southwest Airlines Company (LUV) Ex-Dividend Date Scheduled for March 05, 2013


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Southwest Airlines Company ( LUV ) will begin trading ex-dividend on March 05, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on March 28, 2013. Shareholders who purchased LUV stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LUV has paid the same dividend.

The previous trading day's last sale of LUV was $11.7, representing a -1.64% decrease from the 52 week high of $11.90 and a 50.77% 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 Delta Air Lines, Inc. ( DAL ). LUV's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports LUV's forecasted earnings growth in 2013 as 75.55%, compared to an industry average of 8.1%.

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 )
  • Madrona Domestic ETF ( FWDD ).

The top-performing ETF of this group is FAA with an increase of 33.04% over the last 100 days. It also has the highest percent weighting of LUV at 14.77%.

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

This article appears in: News Headlines Stocks
Referenced Stocks: DAL , FAA , FDX , FWDD , LUV

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