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Southwest Gas Holdings Declares Fourth Quarter 2022 Dividend

Southwest Gas Holdings has declared a fourth-quarter cash dividend of $0.62 per share, payable on December 1, 2022, with a record date of November 15, 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.

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Rhea-AI Summary

Southwest Gas Holdings has declared a fourth-quarter cash dividend of $0.62 per share, payable on December 1, 2022, with a record date of November 15, 2022. This dividend translates to an annualized amount of $2.48 per share. The company has maintained consistent quarterly dividends since going public in 1956. Southwest Gas Holdings provides natural gas distribution services across North America, serving over two million customers in Arizona, California, and Nevada.

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Positive

  • Dividend of $0.62 per share indicates strong cash flow and shareholder returns.
  • Consistent dividends since 1956 demonstrate company stability and investor confidence.

Negative

  • None.
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News Market Reaction – SWX

The recorded move for SWX in the trading session of this news was +0.11%.

Data tracked by StockTitan Argus. Session date unavailable.

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LAS VEGAS, Sept. 21, 2022 /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, 2022

                                                                                            Of Record                       

November 15, 2022

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.

About Southwest Gas Holdings, Inc.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/southwest-gas-holdings-declares-fourth-quarter-2022-dividend-301630144.html

SOURCE Southwest Gas Holdings, Inc.

FAQ

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

What is the date of the dividend payment for SWX?

The dividend payment for SWX is scheduled for December 1, 2022.

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

The fourth-quarter dividend declared by Southwest Gas Holdings is $0.62 per share.

When is the record date for the upcoming dividend for SWX?

The record date for the upcoming dividend for SWX is November 15, 2022.

What is the annualized dividend amount for Southwest Gas Holdings?

The annualized dividend amount for Southwest Gas Holdings is $2.48 per share.

How long has Southwest Gas Holdings been paying dividends?

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

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