Southwest Gas announces third quarter dividend of $0.62

LAS VEGAS - Southwest Gas Holdings, Inc. (NYSE:SWX) has announced a third-quarter cash dividend of $0.62 per share, payable on September 2, 2025, to shareholders of record as of August 15, 2025. This dividend represents an annualized rate of $2.48 per share, yielding 3.4% at the current share price of $72.21. According to InvestingPro, the company has maintained dividend payments for 55 consecutive years, demonstrating its commitment to rewarding shareholders quarterly.

Southwest Gas Holdings is a prominent energy company primarily operating through its subsidiary Southwest Gas Corporation, with a market capitalization of $5.19 billion. It is involved in purchasing, distributing, and transporting natural gas, generating annual revenues of $5.11 billion. Serving over two million customers across parts of Arizona, Nevada, and California, the corporation is dedicated to delivering safe and reliable service while pursuing sustainable energy solutions to support community growth. InvestingPro analysis indicates the company maintains a GOOD overall financial health score, suggesting strong operational stability.

Additionally, Southwest Gas Holdings is the majority owner of Centuri Holdings, Inc., which offers a wide range of utility infrastructure services throughout North America.

The announcement of the dividend is in line with the company’s historical practice and reflects its ongoing commitment to providing value to its shareholders. Shareholders can access further details on the tax status of the dividends through the Investor Relations section of the Southwest Gas website.

This dividend declaration is a key financial update for investors and the market, providing insight into the company’s financial health and its ability to maintain consistent returns to shareholders. It is important to note that the information in this article is based on a press release statement from Southwest Gas Holdings, Inc.

In other recent news, Southwest Gas Holdings Inc. reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $1.39, which exceeded analyst expectations of $1.27. The company’s revenue aligned with forecasts at $1.27 billion, indicating a stable financial performance. Despite the positive earnings surprise, the stock experienced a decline in pre-market trading. The company has outlined a significant capital expenditure plan of $4.3 billion over the next five years, focusing on infrastructure and safety investments. Analysts from firms such as St. Bert Williams have noted the company’s efforts in regulatory strategy and potential growth driven by strong economic activity in regions like Arizona and Nevada. Southwest Gas Holdings also provided guidance for 2025, projecting utility net income between $265 million and $275 million, with expected earnings growth of 8-9% over 2024. The company remains committed to maintaining its investment-grade balance sheet and paying competitive dividends.

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