Dallas-based Southwest Airlines give $428 million back to shareholders as it brings back its dividend after nearly three years.
The Dallas-based carrier is giving $428 million back to shareholders as travel recovers from COVID-19.
The airline said it will start an 18 cents-a-share quarterly dividend for shareholders starting Jan. 31, a sign the company is gaining confidence in a travel rebound. . The improving financial results are thanks to strong consumer demand and higher airfares, even though the company has a shortage of pilots it blames on a training backlog.
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