STOCK TITAN

Southwest Gas Holdings Declares Fourth Quarter 2020 Dividend

Southwest Gas Holdings has declared a fourth-quarter cash dividend of $0.57 per share, payable on December 1, 2020, to shareholders of record as of November 16, 2020.

(Neutral)

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.

Tags
dividends earnings

Rhea-AI Summary

Southwest Gas Holdings has declared a fourth-quarter cash dividend of $0.57 per share, payable on December 1, 2020, to shareholders of record as of November 16, 2020. This dividend amounts to an annualized total of $2.28 per share, continuing the company's long-standing history of paying quarterly dividends since 1956. The company operates through two segments: Southwest Gas Corporation, providing natural gas to over two million customers in Arizona, Nevada, and California, and Centuri Group, offering utility infrastructure services across North America.

Loading...
Loading translation...

Positive

  • Declared a fourth-quarter dividend of $0.57 per share, demonstrating continued shareholder return.
  • Annualized dividend reaches $2.28 per share, reflecting the company's consistent dividend policy since 1956.

Negative

  • None.
Argus Session date unavailable
+1.43% session move Open Argus
Details

News Market Reaction – SWX

The recorded move for SWX in the trading session of this news was +1.43%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

LAS VEGAS, Sept. 24, 2020 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following fourth quarter cash dividend:

Common Stock


Payable    

December 1, 2020

Of Record   

November 16, 2020

Dividend    

$0.57 per share

The dividend equates to $2.28 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

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.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/southwest-gas-holdings-declares-fourth-quarter-2020-dividend-301137739.html

SOURCE Southwest Gas Holdings, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Southwest Gas Holdings for the fourth quarter of 2020?

The dividend amount declared is $0.57 per share.

When will Southwest Gas Holdings pay the fourth quarter dividend?

The dividend will be payable on December 1, 2020.

What is the record date for the fourth quarter dividend of Southwest Gas Holdings?

The record date for the dividend is November 16, 2020.

How much is the annualized dividend for Southwest Gas Holdings?

The annualized dividend totals $2.28 per share.

How long has Southwest Gas Holdings been paying dividends?

Southwest Gas Holdings has paid quarterly dividends continuously since going public in 1956.

Keep reading