Southwest Airlines Co (NYSE:LUV) declared a quarterly dividend on Wednesday, November 20th, RTT News reports. Stockholders of record on Wednesday, December 11th will be paid a dividend of 0.18 per share by the airline on Wednesday, January 8th. This represents a $0.72 annualized dividend and a dividend yield of 1.27%.
Shares of LUV traded down $0.78 during mid-day trading on Wednesday, hitting $56.77. 82,676 shares of the company’s stock were exchanged, compared to its average volume of 3,587,607. The company has a market cap of $30.41 billion, a PE ratio of 13.41, a P/E/G ratio of 1.49 and a beta of 1.48. Southwest Airlines has a 52 week low of $44.28 and a 52 week high of $58.77. The company has a 50-day simple moving average of $55.44 and a 200 day simple moving average of $52.78. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.65 and a quick ratio of 0.59.
Southwest Airlines (NYSE:LUV) last issued its quarterly earnings results on Thursday, October 24th. The airline reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.15. The company had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.65 billion. Southwest Airlines had a net margin of 10.90% and a return on equity of 24.71%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the business earned $1.08 EPS. On average, analysts anticipate that Southwest Airlines will post 4.41 earnings per share for the current year.
About Southwest Airlines
Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2018, the company operated a total of 750 Boeing 737 aircraft; and served 99 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.
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