Southwest Gas declares $0.62 per share fourth quarter dividend

LAS VEGAS - Southwest Gas Holdings, Inc. (NYSE:SWX), currently trading at $79.11 near its 52-week high of $80.54, announced Wednesday that its Board of Directors has declared a fourth quarter cash dividend of $0.62 per share, according to a company press release. The dividend represents a yield of 3.13%.

The dividend will be payable on December 1, 2025, to shareholders of record as of November 17, 2025. This quarterly payout represents an annualized dividend of $2.48 per share.

Southwest Gas, based in Las Vegas, Nevada, has maintained an uninterrupted record of quarterly dividend payments since becoming a publicly traded company in 1956.

The company operates primarily through its subsidiary Southwest Gas Corporation, which purchases, distributes, and transports natural gas to over 2 million customers across portions of Arizona, Nevada, and California.

Shareholders can access additional information regarding the dividend, including tax status details, through the Investor Relations section of the company’s website.

In other recent news, Southwest Gas Holdings reported its second-quarter earnings for 2025, with earnings per share (EPS) of $0.53, exceeding the forecast of $0.39. However, the company’s revenue did not meet expectations, totaling $1.12 billion against a projected $1.17 billion. In a strategic move, Southwest Gas Holdings completed the sale of its Centuri Holdings shares for $524.8 million, selling 27,362,210 shares at $19.60 per share. This transaction marks the company’s exit from Centuri Holdings, as it no longer owns any shares or governance rights. Following this sale, BofA Securities upgraded Southwest Gas Holdings from Neutral to Buy, raising the price target to $84.00, citing an improved risk/reward profile. Southwest Gas is redirecting capital into its core utility business, which influenced the upgrade. Additionally, Southwest Gas priced a secondary public offering of 15 million existing Centuri shares at $19.50 per share, with an option for underwriters to purchase an additional 2.25 million shares. These developments highlight significant changes and strategic shifts for Southwest Gas Holdings.

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