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Southwest to split stock five for four and raise dividend
Southwest Airlines Co. announces a five for four stock split and a dividend increase after 1983 profits. The board said the split will add 5,888,000 shares, bringing total outstanding shares to 29,440,000. The regular dividend becomes 13 cents per share annually, up 1.6 percent, payable after the January split to holders of record January 3. Herbert D. Kayllher? chairman and president issued the statement praising growth and prospects.
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Dallas
Southwest Airlines Co
Southwest
Herbert D. Kelleher
Casumanaeof Southwest