Southwest Is Bringing Its Dividend Back: What Investors Should Know

Just as Southwest Airlines (NYSE: LUV) kicks off its 2022 Investor Day on Wednesday, the company released some good news for shareholders: It is reinstating its dividend after suspending it in early 2020, when COVID-19 related lockdowns slammed the travel industry. "Strong leisure and business revenue trends continue in fourth quarter 2022, and we continue to expect strong profits and margins," said Southwest management in the company's investor presentation on Wednesday as it reaffirmed its fourth-quarter revenue guidance. As Southwest readies its first dividend since 2020, here's a closer look at the company and its payout.