Southwest Gas announces $0.62 per share Q2 dividend

LAS VEGAS - Southwest Gas (NYSE:SWX) Holdings, Inc. (NYSE: SWX) has announced a second-quarter cash dividend of $0.62 per share, payable on June 2, 2025, to shareholders of record as of May 15, 2025. This dividend represents an annualized rate of $2.48 per share, yielding 3.18% at current prices. According to InvestingPro, the company has maintained dividend payments for 55 consecutive years, demonstrating its commitment to shareholder returns. This impressive track record dates back to its initial public offering in 1956.

Southwest Gas Holdings operates primarily through its subsidiary, Southwest Gas Corporation, which is involved in the purchase, distribution, and transportation of natural gas. With a market capitalization of $5.55 billion, the corporation serves over 2 million residential, commercial, and industrial customers across parts of Arizona, Nevada, and California. InvestingPro analysis shows the company maintains a GOOD overall financial health score, reflecting its commitment to safety, reliability, and innovation in sustainable energy solutions that support the growth of the communities it serves.

In addition to its natural gas operations, Southwest Gas Holdings is the majority owner of Centuri Holdings, Inc., a provider of comprehensive utility infrastructure services throughout North America.

The announcement of the dividend is part of the company’s financial strategy, aimed at delivering value to its investors. Shareholders can access further details regarding the tax status of the company’s dividend distributions through the Investor Relations section of the Southwest Gas website.

The declaration of dividends is a common practice among established companies, reflecting their financial health and ability to generate consistent cash flow. Southwest Gas’ commitment to regular dividends underscores its stable position in the energy sector and its dedication to rewarding its shareholders. Currently trading near its 52-week high with a P/E ratio of 30.95, InvestingPro analysis suggests the stock is trading above its Fair Value. Subscribers can access the comprehensive Pro Research Report, which provides detailed analysis of SWX along with 1,400+ other US stocks.

This dividend information is based on a press release statement from Southwest Gas Holdings, Inc.

In other recent news, Southwest Gas Holdings, Inc. has declared a first-quarter cash dividend for 2025, continuing its long-standing tradition since going public in 1956. Shareholders of record by February 18, 2025, will receive a dividend of $0.62 per share, payable on March 3, 2025. This announcement reflects an annualized distribution of $2.48 per share, indicating the company’s ongoing commitment to returning value to its investors. Southwest Gas Holdings’ consistent dividend payments highlight its financial stability and strategic focus on maintaining shareholder relationships. The company emphasizes the importance of these dividends as part of its broader financial strategy. Shareholders can find additional information on the tax status of these distributions through the Investor Relations section of the Southwest Gas website. This development underscores the company’s dedication to its financial policies and investor commitments.

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