Air- Southwest Airlines Co. LUV Announces Quarterly Dividend of $0.04 | WKRB News – WKRB News

Posted: November 22, 2013 in Uncategorized

Nov. 21, 2013

Southwest Airlines NYSE:LUV announced a quarterly dividend on Thursday, November 21st, Analyst Ratings Network reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.04 per share on Thursday, January 2nd. This represents a $0.16 annualized dividend and a dividend yield of 0.87%.A number of analysts have recently weighed in on LUV shares. Analysts at Zacks reiterated a “neutral” rating on shares of Southwest Airlines in a research note to investors on Tuesday, November 12th. They now have a $19.00 price target on the stock. On a related note, analysts at JPMorgan Chase & Co. raised their price target on shares of Southwest Airlines from $12.50 to $14.50 in a research note to investors on Friday, October 25th. They now have an “underweight” rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of Southwest Airlines from $18.00 to $20.00 in a research note to investors on Friday, October 25th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $16.58.Southwest Airlines NYSE:LUV traded up 2.44% during mid-day trading on Thursday, hitting $18.45. 6,867,514 shares of the company’s stock traded hands. Southwest Airlines has a one year low of $9.16 and a one year high of $18.54. The stock’s 50-day moving average is $16.66 and its 200-day moving average is $14.48. The company has a market cap of $12.854 billion and a price-to-earnings ratio of 21.02.

via Southwest Airlines Co. LUV Announces Quarterly Dividend of $0.04 | WKRB News – WKRB News.

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