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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. to boost Taiwan's stretched air force with $428 mln in spare partsThe U.S. State Department has approved the potential sale of $428 million in aircraft parts for Taiwan to help its air force, which is strained from repeatedly intercepting Chinese jets operating close to the island.
Read more »
City of Dallas breaks ground on affordable housing development in Old East DallasThe city of Dallas and developers are working to turn a construction site into a mixed-income development to meet affordable housing needs in Old East Dallas. The community will be able to serve a single resident who earns just over $20,000 and a family of four making $50,000 up to market rate.
Read more »
5 takeaways as Dallas Mavericks run past Phoenix Suns again at American Airlines CenterPhoenix Suns split a road back-to-back as they lost to Dallas on Monday after beating San Antonio on Sunday.
Read more »
Southwest Airlines to re-start dividend paymentsSouthwest Airlines Co. undefined said Wednesday it's reinstating dividend payments that it suspended in 2020 during the COVID-19 travel lockdown....
Read more »
Judge orders Southwest Airlines to reinstate flight attendant fired over abortion viewsCharlene Carter was fired in 2017 after sending anti-abortion messages to her union president who attended the Women’s March in Washington, D.C.
Read more »