Southwest Gas Holdings Declares Second Quarter 2025 Dividend

Rhea-AI Summary

Southwest Gas Holdings (NYSE: SWX) has announced its second quarter 2025 dividend declaration. The company will pay a dividend of $0.62 per share on June 2, 2025, to shareholders of record as of May 15, 2025. This dividend translates to $2.48 per share on an annualized basis.

The company has maintained an uninterrupted record of quarterly dividend payments since its public listing in 1956. Southwest Gas serves over 2 million residential, commercial, and industrial customers across Arizona, Nevada, and California through its primary subsidiary Southwest Gas The company is also the majority owner of Centuri Holdings, which provides utility infrastructure services across North America.

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

-0.72%

1 alert

-0.72% News Effect

On the day this news was published, SWX declined 0.72%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LAS VEGAS, Feb. 19, 2025 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following second quarter cash dividend:

Common Stock

Payable                          June 2, 2025

 Of Record                       May 15, 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. 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. In addition, Southwest Gas Holdings, Inc. is the majority owner of Centuri Holdings, Inc., which provides comprehensive utility infrastructure services across North America. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/southwest-gas-holdings-declares-second-quarter-2025-dividend-302380592.html

SOURCE Southwest Gas Holdings, Inc.

FAQ

What is Southwest Gas Holdings' (SWX) dividend payment for Q2 2025?

Southwest Gas Holdings (SWX) will pay a dividend of $0.62 per share for Q2 2025, payable on June 2, 2025, to shareholders of record as of May 15, 2025.

What is SWX's annualized dividend rate for 2025?

Southwest Gas Holdings' annualized dividend rate is $2.48 per share, based on the quarterly dividend of $0.62 per share.

How long has Southwest Gas Holdings (SWX) been paying dividends?

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

What is the record date for SWX's Q2 2025 dividend?

The record date for Southwest Gas Holdings' Q2 2025 dividend is May 15, 2025.

How many customers does Southwest Gas Holdings serve?

Southwest Gas Holdings serves over 2 million residential, commercial, and industrial customers throughout portions of Arizona, Nevada, and California.