Southwest Gas Holdings Declares First Quarter 2022 Dividend
Southwest Gas Holdings, Inc. (NYSE: SWX) has declared a cash dividend of $0.595 per share for the first quarter of 2022, payable on March 1, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Southwest Gas Holdings, Inc. (NYSE: SWX) has declared a cash dividend of $0.595 per share for the first quarter of 2022, payable on March 1, 2022. Shareholders on record as of February 15, 2022 will receive the dividend. This annualizes to $2.38 per share, reflecting the company's commitment to returning value, having paid quarterly dividends since 1956. The company operates through two segments: Southwest Gas Corporation, serving over two million customers in Arizona, Nevada, and California, and Centuri Group, Inc., offering utility infrastructure services.
Positive
- Dividend declared at $0.595 per share, equating to $2.38 annually, shows financial stability.
- Continuous payment of dividends since 1956 reflects shareholder value commitment.
Negative
- None.
Details
News Market Reaction – SWX
The recorded move for SWX in the trading session of this news was +0.01%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, Nov. 17, 2021 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following first quarter cash dividend:
Common Stock | |
Payable | March 1, 2022 |
Of Record | February 15, 2022 |
Dividend | |
The dividend equates to
Southwest Gas Holdings has two business segments:
Southwest Gas Corporation provides safe and reliable natural gas service to over two million customers in Arizona, Nevada, and California.
Centuri Group, Inc. is a comprehensive utility infrastructure services enterprise dedicated to delivering a diverse array of solutions to North America's gas and electric providers. Centuri derives revenue primarily from installation, replacement, repair, and maintenance of energy distribution systems.
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SOURCE Southwest Gas Holdings, Inc.
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