LUV Dividend Calculator
Calculate how much dividend income Southwest Airlines Co. (LUV) could generate with reinvestment. Pre-loaded with LUV's current 1.82% yield and 0.6% dividend growth rate.
Dividend Yield: 1.82%
Annual Dividend: $0.72 per share
Share Price: $39.64
Payout Ratio: 44.2%
LUV DRIP Calculator
Model LUV dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 0.6% per year
Frequently Asked Questions
- What is LUV's current dividend yield?
- LUV (Southwest Airlines Co.) currently has a dividend yield of 1.82%. This means for every $10,000 invested, you would receive approximately $182 per year in dividend income before taxes.
- How much LUV do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from LUV at its current yield of 1.82%, you would need approximately $659,341 invested. With dividend reinvestment and growth, you may need less over time.
- Does LUV pay monthly dividends?
- No, LUV pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is LUV's dividend safe?
- LUV's payout ratio is 44.2%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is LUV's dividend growth rate?
- LUV's 5-year dividend compound annual growth rate (CAGR) is approximately 0.6% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the LUV dividend page.