Southwest Gas Holdings Declares Third Quarter 2021 Dividend
The Board of Directors for Southwest Gas Holdings has declared a third-quarter cash dividend of $0.595 per share, payable on September 1, 2021.
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
The Board of Directors for Southwest Gas Holdings has declared a third-quarter cash dividend of $0.595 per share, payable on September 1, 2021. Shareholders of record as of August 16, 2021 will receive this dividend, which translates to an annualized rate of $2.38 per share. The company has maintained a continuous quarterly dividend payment since going public in 1956.
Southwest Gas Holdings operates through two segments: Southwest Gas Corporation, serving over two million customers in Arizona, Nevada, and California, and Centuri Group, Inc., providing utility infrastructure services across North America.
Positive
- Declaration of a quarterly dividend of $0.595 per share, reflecting consistent shareholder returns.
- The company has a long history of dividend payments, having paid continuously since 1956.
Negative
- None.
Details
News Market Reaction – SWX
The recorded move for SWX in the trading session of this news was +1.23%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, May 5, 2021 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following third quarter cash dividend:
Common Stock | |
Payable | September 1, 2021 |
Of Record | August 16, 2021 |
Dividend | |
The dividend equates to
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.
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SOURCE Southwest Gas Holdings, Inc.
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