Southwest Gas Holdings Declares First Quarter 2023 Dividend

Rhea-AI Summary

Southwest Gas Holdings has declared a first-quarter cash dividend of $0.62 per share, payable on March 1, 2023, to shareholders on record as of February 15, 2023. This equates to an annualized dividend of $2.48 per share. The company has a long-standing history of paying quarterly dividends since its public debut in 1956. Southwest Gas Holdings provides natural gas distribution and comprehensive utility infrastructure services across North America, serving over two million customers in Arizona, California, and Nevada.

Positive

• Dividend of $0.62 per share reflects company confidence.
• Continuous dividend payments since 1956 indicate strong financial health.

Negative

• None.

LAS VEGAS, Nov. 17, 2022 /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, 2023
Of Record		February 15, 2023
Dividend		$0.62 per share

The dividend equates to $2.48 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

About Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc., through its subsidiaries, engages in the business of purchasing, distributing and transporting natural gas, and providing comprehensive utility infrastructure services across North America. Southwest Gas Corporation, a wholly owned subsidiary, safely and reliably delivers natural gas to over two million customers in Arizona, California and Nevada. Centuri Group, Inc., a wholly owned subsidiary, is a strategic infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada. The Company's MountainWest subsidiary provides natural gas storage and interstate pipeline services within the Rocky Mountain region.

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SOURCE Southwest Gas Holdings, Inc.

FAQ

What is the dividend amount declared by Southwest Gas Holdings for Q1 2023?

The dividend declared is $0.62 per share.

When will the dividend for Southwest Gas Holdings be paid?

The dividend will be paid on March 1, 2023.

What is the record date for the Q1 2023 dividend of Southwest Gas Holdings?

The record date is February 15, 2023.

What is the annualized dividend amount for Southwest Gas Holdings?

The annualized dividend amount is $2.48 per share.

How long has Southwest Gas Holdings been paying dividends?

The company has been paying quarterly dividends continuously since 1956.