Southwest Gas Holdings Announces Solid Dividend for Shareholders
Southwest Gas Holdings Announces a Third Quarter Dividend
The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has officially declared its third quarter cash dividend for the current fiscal year. This decision marks another commitment to ensuring financial returns for its shareholders.
Details of the Cash Dividend
For the third quarter, the dividend has been set at $0.62 per share. This amount translates to an impressive annualized dividend of $2.48 per share. It's remarkable to highlight that Southwest Gas has consistently paid dividends on a quarterly basis since its initial public offering in 1956. This steady history showcases the company's reliability and dedication to its investors.
Since Its IPO: A Commitment to Shareholders
Continuing its long-standing tradition, Southwest Gas remains focused on maximizing shareholder value. The forthcoming dividend will be payable on a future date, allowing shareholders to plan accordingly. The established record date serves to include all eligible shareholders in receiving the dividends.
Dividend Distribution Schedule
The upcoming dividend distribution will be structured as follows: the payment will occur on September 2 of the coming year, with all shareholders on record as of August 15 being eligible to receive this dividend. This ensures the company honors its obligated commitments to all stakeholders involved.
Service Excellence Across Regions
Southwest Gas Holdings, Inc. operates through its primary subsidiary, Southwest Gas Corporation, which primarily focuses on the purchasing, distribution, and transportation of natural gas. With over 2 million customers across multiple regions, including Arizona, Nevada, and California, Southwest Gas Corporation has earned a strong reputation for its dedication to safe and reliable service.
Innovating for a Sustainable Future
In addition to delivering essential natural gas services, Southwest Gas is keen on advancing sustainable energy solutions. The corporate ethos emphasizes innovation, aiming to fuel growth within the communities it operates. Beyond its primary utilities, Southwest Gas Holdings, Inc. is also the majority owner of Centuri Holdings, Inc., expanding its reach across North America's utility infrastructure.
Building Community Trust Through Service
As a key player in the natural gas industry, Southwest Gas Holdings continuously seeks to exceed its customers' expectations while also nurturing the environment. Its initiatives focus not only on operational excellence but also on creating impactful community engagements. This dual focus ensures that as the company thrives, so do its partnerships and communities.
Frequently Asked Questions
What is the announced dividend amount from Southwest Gas Holdings?
The announced dividend is $0.62 per share for the third quarter.
When will the dividend be paid?
The dividend is scheduled to be paid on September 2 for shareholders on record as of August 15.
How often does Southwest Gas Holdings pay dividends?
Southwest Gas has paid dividends quarterly since going public in 1956.
What services does Southwest Gas provide?
Southwest Gas focuses on the purchasing, distributing, and transporting of natural gas services.
Who owns Southwest Gas Holdings?
Southwest Gas Holdings is the parent company of Southwest Gas Corporation, along with being the majority owner of Centuri Holdings, Inc.
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