
Aug 20, 2009, 4:38 AM
|
|
|
|
Join Date: Mar 2008
Location: Nearest Airports: COD, BIL, WRL
Posts: 577
|
|
Southwest profitability
Regardless of what those, with or without an agenda, may say about Southwest the airline declared its 132nd CONSECUTIVE quarterly dividend on July 23rd. In other words Southwest has been paying dividends, non-stop, for the last 32 years. Can someone on here provides a link(s) which indicates any other US-based carrier has beat this record??? The dividend may only be 4.5 cents to the share. But, again, when was the last time American, United, et al, paid even a 4.5 cent dividend??
So if travelling with Southwest is so scary, or unsafe, do we assume the company has a few sugar daddies propping it up? I don't think so.
Over one year after the incidents referenced in Judge's links--on July 21, 2009--Southwest posted a profit of 54 million.
Dividend release:
http://www.southwest.com/about_swa/press/prindex.html
Earnings summary:
http://www.southwest.com/about_swa/press/prindex.html
For those who may consider screaming lies, etc: Remember the Securities And Exchange Commission ("SEC") imposes serious penalties for lying about this stuff. Just ask Bernie Madoff!
And yes, I acknowledge at least one unfavorable post about Southwest.
|