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>> SOUTHWEST AIRLINES Latest News

MAY 15, 2013 - Investors Business Daily

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Southwest Raising Dividend, Shifting Boeing Orders

Southwest Airlines (LUV) is dramatically boosting its shareholder dividend, and pushing back some of its jet orders with Boeing (BA) to cut costs and get more efficient later models. The popular discount carrier's board approved the 4-cent payout, up from 1 cents per share, to be made on June 26. It also increased the size of its share buyback authorization to $1.5 billion, from $1 billion. Southwest shares climbed 2.4% intraday in the stock

Tags: Southwest Raising Dividend, Shifting Boeing Orders,  Southwest Airlines Latest News