Southwest Airlines Co(NYSE:LUV) Declares Dividend of $0.1000.

Southwest Airlines Co (NYSE:LUV) had declared a cash dividend of $0.1000 on Nov 17, 2016. The shares will quote ex-dividend on Dec 6, 2016 and the record date has been fixed for Dec 8, 2016. On Nov 17, 2016 share price, the yield comes out to be 0.8724%. The dividend payable date has been fixed on Jan 5, 2017.

In a different note, Imperial Capital said it Initiates Coverage on Southwest Airlines Co, according to a research note issued on Sep 9, 2016. The shares have been rated ‘Outperform’ by the firm.

Southwest Airlines Co (LUV) made into the market gainers list on Mondays trading session with the shares advancing 0.79% or 0.37 points. Due to strong positive momentum, the stock ended at $47.06, which is also near the day’s high of $47.25. The stock began the session at $46.91 and the volume stood at 67,83,000 shares. The 52-week high of the shares is $51.34 and the 52 week low is $33.96. The company has a current market capitalization of $28,970 M and it has 61,55,97,740 shares in outstanding.

Southwest Airlines Co(LUV) last announced its earnings results on Oct 26, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $5.14B. Analysts had an estimated revenue of $5.16B. Earnings per share were $0.93. The reported EPS was above estimates by $0.05 or 5.68%. Analysts had estimated an EPS of $0.88.

Several Insider Transactions has been reported to the SEC. On Aug 4, 2016, De Ven Michael G Van (COO) purchased 4,200 shares at $35.77 per share price.Also, On Aug 4, 2016, William H Dr Cunningham (director) purchased 5,700 shares at $35.80 per share price.On Aug 3, 2016, Gary C Kelly (CEO) purchased 28,106 shares at $35.58 per share price, according to the Form-4 filing with the securities and exchange commission.

Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay Nassau Oranjestad Cabo San Lucas/Los Cabos Cancun Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products such as Business Select Fly By Priority Lanes and SWABIZ. Its Website southwest.com enables purchasing and managing travel online. It offers southwest.com and swabiz.com in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In Pets Are Welcome on Southwest (P.A.W.S.) products Automated Outbound Messaging (AOM) service and southwest.com/rebook.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Southwest Airlines Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Southwest Airlines Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.