Monday Is Your Last Chance To Buy Southwest Airlines Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Monday is the last day for investors to buy Southwest Airlines (NYSE:LUV) shares to be eligible for the next dividend payout of 18 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on July 12, 2023.
June 15, 2023 | 2:46 pm
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Southwest Airlines (LUV) will go ex-dividend on Tuesday, with the stock likely to open 18 cents lower. Investors must own shares by the end of Monday to be eligible for the 18 cents per share dividend payout.
The news directly pertains to Southwest Airlines (LUV) and its dividend payout. The stock will likely open lower on Tuesday due to the ex-dividend status, but this is a normal occurrence for stocks going ex-dividend. The short-term impact on the stock price is neutral, as the dividend payout is already expected by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100