Southwest Gas Announces Dividend – Shareholders Reap the Benefits! – Get the details here in this article. Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California and has announced a dividend payout of $0.62 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Southwest Gas reporting total revenue of 4.96 billion USD with a total net income of -203.29 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Southwest Gas’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Southwest Gas to their investment portfolio.
The dividend payout of $0.62 per stock represents a dividend yield of approximately 4.5% based on Southwest Gas’s current market price of $55.15 per stock.
Investors who hold Southwest Gas stocks are likely to benefit from this announcement as they will receive the dividend payout. Southwest Gas’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 14 Aug 2023. Therefore, investors who wish to receive the dividend must purchase Southwest Gas stocks before 14 Aug 2023.
Southwest Gas Dividend History | Southwest Gas Announces Dividend – Shareholders Reap the Benefits!
Southwest Gas Dividend – The current dividend yield of Southwest Gas is 4.5%.
| Dividend | Amount | Date |
| Cash Dividend | $0.620 | Feb 14, 2023 |
| Cash Dividend | $0.620 | Nov 14, 2022 |
| Cash Dividend | $0.620 | Aug 12, 2022 |
| Cash Dividend | $0.620 | May 13, 2022 |
| Cash Dividend | $0.595 | Feb 14, 2022 |
| Cash Dividend | $0.595 | Nov 12, 2021 |
Dividend Stocks 2023
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California.
Southwest Gas management:
President, Chief Executive Officer, Chief Legal, and Administrative Officer, and Director – Karen S. Haller
Website: swgasholdings.com
Conclusion
In conclusion, Southwest Gas’s dividend announcement of $0.62 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of Aug 14, 2023, and consider adding Southwest Gas to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Southwest Gas a good investment?
As per experts, Southwest Gas looks suitable for long-term investment.
Is Southwest Gas Government or Private?
Southwest Gas is a private company.
Is Southwest Gas a dividend-paying stock?
Yes, Southwest Gas is a dividend-paying stock. The current dividend yield of Southwest Gas is 4.5%.
What does Southwest Gas do?
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California.
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