Southwest Gas Holdings Declares Third Quarter 2022 Dividend
Southwest Gas Holdings has declared a third-quarter cash dividend of $0.62 per share, payable on September 1, 2022, to shareholders of record by August 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.
Rhea-AI Summary
Southwest Gas Holdings has declared a third-quarter cash dividend of $0.62 per share, payable on September 1, 2022, to shareholders of record by August 15, 2022. This dividend represents an annualized amount of $2.48 per share. The company has maintained a continuous dividend payout since its public listing in 1956. Southwest Gas operates in North America, delivering natural gas to over two million customers across Arizona, California, and Nevada, and provides utility infrastructure services through its subsidiaries.
Positive
- Declared a cash dividend of $0.62 per share.
- Annualized dividend amount of $2.48 per share.
- Continuous dividend payments since 1956, indicating strong financial stability.
Negative
- None.
Details
News Market Reaction – SWX
The recorded move for SWX in the trading session of this news was +0.34%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, May 5, 2022 /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, 2022 |
Of Record | August 15, 2022 |
Dividend | |
The dividend equates to
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.
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SOURCE Southwest Gas Holdings, Inc.
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