Southwest Airlines declares 160th quarterly dividend

Board of directors of Southwest Airlines Co. (NYSE: LUV) has declared a quarterly dividend of USD0.10 per share, the company said.

The dividend will be distributed to shareholders of record at the close of business on August 18, 2016 on all shares then issued and outstanding. The 160th consecutive dividend will be paid on September 8, 2016.

Southwest Airlines Co. is a low-cost US airline, headquartered in Dallas, Texas. The airline has nearly 46,000 employees as of December 2014 and operates more than 3,800 flights per day with scheduled services to 97 destinations in 40 states, Puerto Rico and abroad.