Southwest Gas Holdings Declares First Quarter 2023 Dividend
Southwest Gas Holdings has declared a first-quarter cash dividend of $0.62 per share, payable on March 1, 2023, to shareholders on record as of February 15, 2023.
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 has declared a first-quarter cash dividend of $0.62 per share, payable on March 1, 2023, to shareholders on record as of February 15, 2023. This equates to an annualized dividend of $2.48 per share. The company has a long-standing history of paying quarterly dividends since its public debut in 1956. Southwest Gas Holdings provides natural gas distribution and comprehensive utility infrastructure services across North America, serving over two million customers in Arizona, California, and Nevada.
Positive
- Dividend of $0.62 per share reflects company confidence.
- Continuous dividend payments since 1956 indicate strong financial health.
Negative
- None.
Details
News Market Reaction – SWX
The recorded move for SWX in the trading session of this news was +3.79%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, Nov. 17, 2022 /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, 2023 | |
Of Record | February 15, 2023 | |
Dividend | ||
The dividend equates to
Southwest Gas Holdings, Inc., through its subsidiaries, engages in the business of purchasing, distributing and transporting natural gas, and providing comprehensive utility infrastructure services across North America. Southwest Gas Corporation, a wholly owned subsidiary, safely and reliably delivers natural gas to over two million customers in Arizona, California and Nevada. Centuri Group, Inc., a wholly owned subsidiary, is a strategic infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada. The Company's MountainWest subsidiary provides natural gas storage and interstate pipeline services within the Rocky Mountain region.
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SOURCE Southwest Gas Holdings, Inc.
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