Southwest Gas Holdings Declares Third Quarter 2021 Dividend

Rhea-AI Summary

The Board of Directors for Southwest Gas Holdings has declared a third-quarter cash dividend of $0.595 per share, payable on September 1, 2021. Shareholders of record as of August 16, 2021 will receive this dividend, which translates to an annualized rate of $2.38 per share. The company has maintained a continuous quarterly dividend payment since going public in 1956.

Southwest Gas Holdings operates through two segments: Southwest Gas Corporation, serving over two million customers in Arizona, Nevada, and California, and Centuri Group, Inc., providing utility infrastructure services across North America.

Positive

• Declaration of a quarterly dividend of $0.595 per share, reflecting consistent shareholder returns.
• The company has a long history of dividend payments, having paid continuously since 1956.

Negative

• None.

LAS VEGAS, May 5, 2021 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following third quarter cash dividend:

Common Stock
Payable	September 1, 2021
Of Record	August 16, 2021
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 SWX for Q3 2021?

Southwest Gas Holdings declared a dividend of $0.595 per share for the third quarter of 2021.

When is the dividend payable for SWX?

The dividend is payable on September 1, 2021.

What is the record date for SWX's dividend?

The record date for the dividend is August 16, 2021.

How long has Southwest Gas Holdings been paying dividends?

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

What is the annualized dividend amount for SWX?

The annualized dividend amount is $2.38 per share.