Southwest Airlines Stock To Go Ex-dividend Tomorrow (LUV)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (TheStreet) -- The ex-dividend date for Southwest Airlines (NYSE:LUV) is tomorrow, March 5, 2013. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $11.78 as of 9:35 a.m. ET, the dividend yield is 0.3%.

The average volume for Southwest Airlines has been 7.5 million shares per day over the past 30 days. Southwest Airlines has a market cap of $8.52 billion and is part of the services sector and transportation industry. Shares are up 14.3% year to date as of the close of trading on Friday.

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States. As of December 31, 2012, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircrafts. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7.

• EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Southwest Airlines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Southwest Airlines Ratings Report.

See our dividend calendar or top-yielding stocks list.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

 

For more information on Southwest Airlines Co click any of the following:

• Southwest Airlines Co Stock Price

• Southwest Airlines Co Analyst Ratings

• Southwest Airlines Co Key Stats & Profile

• Southwest Airlines Co Earnings

• Southwest Airlines Co Ratio Comparison

• Southwest Airlines Co Growth Rates

• Southwest Airlines Co Balance Sheet

• Southwest Airlines Co Cash Flow

• Southwest Airlines Co Income Statement