![]() "This share repurchase authorization, combined with our annual dividends, reinforces our continued commitment to delivering increased value to Shareholders. The Board also authorized a new $2.0 billion share repurchase program upon the completion of the remaining $350 million under the May 2017 $2.0 billion share repurchase authorization. Annualized, the increased dividend amounts to more than $370 million 1, and an approximate 1.2 percent dividend yield 2, to our Shareholders. Kelly, Chairman of the Board and Chief Executive Officer, stated: "Based on our solid financial results and strong cash flow outlook bolstered by tax reform savings, I'm pleased to announce the Board's decision today to increase our quarterly dividend by 28 percent. ![]() The dividend will be paid on June 27, 2018. The quarterly dividend will increase to $.16 per share from $.125 per share, beginning with the 167 th consecutive quarterly dividend declared today to Shareholders of record at the close of business on June 6, 2018, on all shares then issued and outstanding. (NYSE: LUV) (the "Company") announces the Southwest Airlines Board of Directors, at its meeting held today, increased the Company's quarterly dividend by 28 percent and authorized a new $2.0 billion share repurchase program. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events, or developments, except as required by federal securities laws.DALLAS, /PRNewswire/ - Southwest Airlines Co. Factors that could cause these differences include, but are not limited to, the factors described under the heading "Risk Factors" in the Company's most recent Annual Report on Form 10-K and in other filings, and as described in the press releases and other materials contained on this website. Therefore, actual results may differ materially from what is expressed in or indicated by the Company’s forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as "plans," "believes," "expects," "anticipates," "may," "could," "intends," "goal," "will," "should," and similar expressions and variations thereof. Forward-looking statements are based on, and include statements about, the Company’s beliefs, intentions, expectations, and strategies for the future. This website contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Southwest Airlines does not review past postings to determine whether they remain accurate, and information contained in such postings may have been superseded. Readers should not assume that the information contained on this site has been updated or otherwise contains current information. The timing of these postings are made at the discretion of Southwest Airlines.
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