Southwest Airlines Company (LUV) Ex-Dividend Date Scheduled for August 16, 2016

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Southwest Airlines Company ( LUV ) will begin trading ex-dividend on August 16, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on September 08, 2016. Shareholders who purchased LUV prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over prior dividend payment. At the current stock price of $36.52, the dividend yield is 1.1%.

The previous trading day's last sale of LUV was $36.52, representing a -28.87% decrease from the 52 week high of $51.34 and a 10.87% increase over the 52 week low of $32.94.

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 $3.77. Zacks Investment Research reports LUV's forecasted earnings growth in 2016 as 10.48%, compared to an industry average of -.3%.

For more information on the declaration, record and payment dates, visit the LUV Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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

  • PowerShares Dynamic Leisure & Entertainment Portfolio ( PEJ )
  • iShares Transportation AverageETF ( IYT )
  • SPDR S&P Transportation ETF ( XTN )
  • U.S. Global Jets ETF ( JETS )
  • PowerShares Contrarian Opportunities Portfolio ( CNTR ).

The top-performing ETF of this group is CNTR with an increase of 3.38% over the last 100 days. PEJ has the highest percent weighting of LUV at 4.42%.

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 Symbols: LUV , FDX , DAL , PEJ , IYT , XTN , JETS ,

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