Southwest Gas Holdings Declares Fourth Quarter 2020 Dividend

Rhea-AI Summary

Southwest Gas Holdings has declared a fourth-quarter cash dividend of $0.57 per share, payable on December 1, 2020, to shareholders of record as of November 16, 2020. This dividend amounts to an annualized total of $2.28 per share, continuing the company's long-standing history of paying quarterly dividends since 1956. The company operates through two segments: Southwest Gas Corporation, providing natural gas to over two million customers in Arizona, Nevada, and California, and Centuri Group, offering utility infrastructure services across North America.

Positive

• Declared a fourth-quarter dividend of $0.57 per share, demonstrating continued shareholder return.
• Annualized dividend reaches $2.28 per share, reflecting the company's consistent dividend policy since 1956.

Negative

• None.

LAS VEGAS, Sept. 24, 2020 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following fourth quarter cash dividend:

Common Stock
Payable	December 1, 2020
Of Record	November 16, 2020
Dividend	$0.57 per share

The dividend equates to $2.28 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 for the fourth quarter of 2020?

The dividend amount declared is $0.57 per share.

When will Southwest Gas Holdings pay the fourth quarter dividend?

The dividend will be payable on December 1, 2020.

What is the record date for the fourth quarter dividend of Southwest Gas Holdings?

The record date for the dividend is November 16, 2020.

How much is the annualized dividend for Southwest Gas Holdings?

The annualized dividend totals $2.28 per share.

How long has Southwest Gas Holdings been paying dividends?

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