Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Southwest Gas Dividend Announcement
• Southwest Gas announced a quarterly dividend of $0.62 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• Southwest Gas annual dividend for 2024 was $2.48
• Southwest Gas annual dividend for 2023 was $2.48
• Southwest Gas's trailing twelve-month (TTM) dividend yield is 3.31%
• Southwest Gas's payout ratio for the trailing twelve months (TTM) is 97.81%
• Southwest Gas's dividend growth over the last five years (2018-2023) was 3.83% year
• Southwest Gas's dividend growth over the last ten years (2013-2023) was 6.80% year
Southwest Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.62 | quarterly | 2024-12-02 |
2024-08-15 | $0.62 | quarterly | 2024-09-03 |
2024-05-14 | $0.62 | quarterly | 2024-06-03 |
2024-02-14 | $0.62 | quarterly | 2024-03-01 |
2023-11-14 | $0.62 | quarterly | 2023-12-01 |
2023-08-14 | $0.62 | quarterly | 2023-09-01 |
2023-05-12 | $0.62 | quarterly | 2023-06-01 |
2023-02-14 | $0.62 | quarterly | 2023-03-01 |
2022-11-14 | $0.62 | quarterly | 2022-12-01 |
2022-08-12 | $0.62 | quarterly | 2022-09-01 |
2022-05-13 | $0.62 | quarterly | 2022-06-01 |
2022-02-14 | $0.59 | quarterly | 2022-03-01 |
2021-11-12 | $0.59 | quarterly | 2021-12-01 |
2021-08-13 | $0.59 | quarterly | 2021-09-01 |
2021-05-14 | $0.59 | quarterly | 2021-06-01 |
2021-02-12 | $0.57 | quarterly | 2021-03-01 |
2020-11-13 | $0.57 | quarterly | 2020-12-01 |
2020-08-14 | $0.57 | quarterly | 2020-09-01 |
2020-05-14 | $0.57 | quarterly | 2020-06-01 |
2020-02-14 | $0.55 | quarterly | 2020-03-02 |
2019-11-14 | $0.55 | quarterly | 2019-12-02 |
2019-08-14 | $0.55 | quarterly | 2019-09-03 |
2019-05-14 | $0.55 | quarterly | 2019-06-03 |
2019-02-14 | $0.52 | quarterly | 2019-03-01 |
2018-11-14 | $0.52 | quarterly | 2018-12-03 |
2018-08-14 | $0.52 | quarterly | 2018-09-04 |
2018-05-14 | $0.52 | quarterly | 2018-06-01 |
2018-02-14 | $0.49 | quarterly | 2018-03-01 |
2017-11-14 | $0.49 | quarterly | 2017-12-01 |
2017-08-11 | $0.49 | quarterly | 2017-09-01 |
2017-05-11 | $0.49 | quarterly | 2017-06-01 |
2017-02-13 | $0.45 | quarterly | 2017-03-01 |
2016-11-10 | $0.45 | quarterly | 2016-12-01 |
2016-08-11 | $0.45 | quarterly | 2016-09-01 |
2016-05-12 | $0.45 | quarterly | 2016-06-01 |
2016-02-11 | $0.41 | quarterly | 2016-03-01 |
2015-11-12 | $0.41 | quarterly | 2015-12-01 |
2015-08-13 | $0.41 | quarterly | 2015-09-01 |
2015-05-13 | $0.41 | quarterly | 2015-06-01 |
2015-02-12 | $0.36 | quarterly | 2015-03-02 |
2014-11-13 | $0.36 | quarterly | 2014-12-01 |
2014-08-13 | $0.36 | quarterly | 2014-09-02 |
2014-05-13 | $0.36 | quarterly | 2014-06-02 |
2014-02-13 | $0.33 | quarterly | 2014-03-03 |
2013-11-13 | $0.33 | quarterly | 2013-12-02 |
2013-08-13 | $0.33 | quarterly | 2013-09-03 |
2013-05-13 | $0.33 | quarterly | 2013-06-03 |
2013-02-13 | $0.29 | quarterly | 2013-03-01 |
Southwest Gas Dividend per year
Southwest Gas Dividend growth
Southwest Gas Dividend Yield
Southwest Gas current trailing twelve-month (TTM) dividend yield is 3.31%. Interested in purchasing Southwest Gas stock? Use our calculator to estimate your expected dividend yield:
Southwest Gas Financial Ratios
Southwest Gas Dividend FAQ
Other factors to consider when evaluating Southwest Gas as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Southwest Gas's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Southwest Gas publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Southwest Gas distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Southwest Gas are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Southwest Gas sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Southwest Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Southwest Gas declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Southwest Gas's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Southwest Gas's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.