Southwest Gas Holdings Declares First Quarter 2022 Dividend

Rhea-AI Summary

Southwest Gas Holdings, Inc. (NYSE: SWX) has declared a cash dividend of $0.595 per share for the first quarter of 2022, payable on March 1, 2022. Shareholders on record as of February 15, 2022 will receive the dividend. This annualizes to $2.38 per share, reflecting the company's commitment to returning value, having paid quarterly dividends since 1956. The company operates through two segments: Southwest Gas Corporation, serving over two million customers in Arizona, Nevada, and California, and Centuri Group, Inc., offering utility infrastructure services.

Positive

• Dividend declared at $0.595 per share, equating to $2.38 annually, shows financial stability.
• Continuous payment of dividends since 1956 reflects shareholder value commitment.

Negative

• None.

LAS VEGAS, Nov. 17, 2021 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following first quarter cash dividend:

Common Stock
Payable	March 1, 2022
Of Record	February 15, 2022
Dividend	$0.595 per share

The dividend equates to $2.38 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

Southwest Gas Holdings has two business segments:

Southwest Gas Corporation provides safe and reliable natural gas service to over two million customers in Arizona, Nevada, and California.

Centuri Group, Inc. is a comprehensive utility infrastructure services enterprise dedicated to delivering a diverse array of solutions to North America's gas and electric providers.  Centuri derives revenue primarily from installation, replacement, repair, and maintenance of energy distribution systems.

 

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SOURCE Southwest Gas Holdings, Inc.

FAQ

What is the dividend amount declared by Southwest Gas Holdings (SWX) for Q1 2022?

The dividend amount declared for Q1 2022 is $0.595 per share.

When will the dividend for Southwest Gas Holdings (SWX) be paid?

The dividend will be paid on March 1, 2022.

What is the record date for the dividend of Southwest Gas Holdings (SWX)?

The record date for the dividend is February 15, 2022.

How long has Southwest Gas Holdings (SWX) been paying dividends?

Southwest Gas Holdings has paid dividends continuously since going public in 1956.

What is the annualized dividend per share for Southwest Gas Holdings (SWX)?

The annualized dividend per share is $2.38.