Southwest Gas Holdings Declares First Quarter 2025 Dividend

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Rhea-AI Sentiment

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Rhea-AI Summary

Southwest Gas Holdings (NYSE: SWX) has announced its first quarter 2025 dividend of $0.62 per share, payable March 3, 2025, to shareholders of record as of February 18, 2025. This dividend represents an annualized rate of $2.48 per share. The company has maintained a consistent record of quarterly dividend payments since its public listing in 1956. Southwest Gas serves over 2 million customers across Arizona, Nevada, and California, providing natural gas distribution and transportation services.

Positive

Consistent dividend payment history since 1956, demonstrating financial stability
Maintains quarterly dividend of $0.62 per share ($2.48 annualized)
Large customer base of over 2 million across three states

Negative

None.

News Market Reaction 1 Alert

+1.59% News Effect

On the day this news was published, SWX gained 1.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/20/2024 - 05:00 PM

LAS VEGAS, Nov. 20, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following first quarter cash dividend:

Common Stock
Payable	March 3, 2025
Of Record	February 18, 2025
Dividend	$0.62 per share

The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956.

Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com.

About Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc., based in Las Vegas, Nevada, through its primary operating subsidiary Southwest Gas Corporation, engages in the business of purchasing, distributing, and transporting natural gas. In addition, Southwest Gas Holdings, Inc. is the majority owner of Centuri Holdings, Inc., which provides comprehensive utility infrastructure services across North America. Southwest Gas Corporation is a dynamic energy company committed to exceeding the expectations of over 2 million residential, commercial, and industrial customers throughout portions of Arizona, Nevada, and California by providing safe and reliable service while innovating sustainable energy solutions to fuel the growth in its communities.