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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 Monday, June 3, 2013. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $14.27 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Southwest Airlines has been 7.4 million shares per day over the past 30 days. Southwest Airlines has a market cap of $10.21 billion and is part of the services sector and transportation industry. Shares are up 39.4% year to date as of the close of trading on Thursday. 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 aircraft. The company has a P/E ratio of 27.7, above the S&P 500 P/E ratio of 17.7.