Southwest Gas Holdings's latest quarterly dividend was on Aug 12, 2022 (ex-date) with a payout of $0.62 per share. At an annualized rate of $2.43 per share, the stock yields 3.4%.
Southwest Gas Holdings's dividend yield of 3.4% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.16%, Southwest Gas Holdings's dividend yield is 8% higher. The historical 5-year average of SWX's dividend yield is 3.0%, which is less than the current yield.
Southwest Gas Holdings has been paying dividends since 1994. SWX has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.3% for the last twelve months. However with the price of the stock up by 8% from a year ago, the dividend yield has decreased by 3.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 12, 2022 | Sep 1, 2022 | May 5, 2022 | $0.62 | normal |
| May 13, 2022 | Jun 1, 2022 | Feb 24, 2022 | $0.62 | normal |
| Feb 14, 2022 | Mar 1, 2022 | Nov 17, 2021 | $0.595 | normal |
| Nov 12, 2021 | Dec 1, 2021 | Sep 22, 2021 | $0.595 | normal |
| Aug 13, 2021 | Sep 1, 2021 | May 5, 2021 | $0.595 | normal |
| May 14, 2021 | Jun 1, 2021 | Feb 24, 2021 | $0.595 | normal |
| Feb 12, 2021 | Mar 1, 2021 | Nov 18, 2020 | $0.57 | normal |
| Nov 13, 2020 | Dec 1, 2020 | Sep 24, 2020 | $0.57 | normal |
| Aug 14, 2020 | Sep 1, 2020 | May 6, 2020 | $0.57 | normal |
| May 14, 2020 | Jun 1, 2020 | Feb 25, 2020 | $0.57 | normal |
| Feb 14, 2020 | Mar 2, 2020 | Nov 18, 2019 | $0.545 | normal |
| Nov 14, 2019 | Dec 2, 2019 | Sep 25, 2019 | $0.545 | normal |
| Aug 14, 2019 | Sep 3, 2019 | May 1, 2019 | $0.545 | normal |
| May 14, 2019 | Jun 3, 2019 | Feb 25, 2019 | $0.545 | normal |
| Feb 14, 2019 | Mar 1, 2019 | Nov 13, 2018 | $0.52 | normal |
| Nov 14, 2018 | Dec 3, 2018 | Sep 26, 2018 | $0.52 | normal |
| Aug 14, 2018 | Sep 4, 2018 | May 2, 2018 | $0.52 | normal |
| May 14, 2018 | Jun 1, 2018 | Feb 23, 2018 | $0.52 | normal |
| Feb 14, 2018 | Mar 1, 2018 | Nov 13, 2017 | $0.495 | normal |
| Nov 14, 2017 | Dec 1, 2017 | Sep 26, 2017 | $0.495 | normal |
| Aug 11, 2017 | Sep 1, 2017 | May 3, 2017 | $0.495 | normal |
| May 11, 2017 | Jun 1, 2017 | $0.495 | normal | |
| Feb 13, 2017 | Mar 1, 2017 | Nov 15, 2016 | $0.45 | normal |
Southwest Gas Holdings's payout ratio of 99.2% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 63.5%, Southwest Gas Holdings's payout ratio is 56% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OKE Oneok Inc | 6.64% | $3.74 | 105.9% |
| NWN Northwest Natural Holding Co | 4.27% | $1.93 | 77.3% |
| SWX Southwest Gas Holdings Inc | 3.4% | $2.43 | 99.2% |
| SRE Sempra Energy | 2.88% | $4.54 | 125.6% |
| NFG National Fuel Gas Co | 2.83% | $1.86 | 34.4% |
| ATO Atmos Energy Corp | 2.56% | $2.72 | 49.6% |
| CNP Centerpoint Energy Inc | 2.34% | $0.69 | 27.8% |
Yes, Southwest Gas Holdings has paid four dividends in the last twelve months. SWX has been paying dividends since 1994.
SWX's next dividend date is Nov 14, 2022 (ex-date).
Southwest Gas Holdings's last regular dividend was on Aug 12, 2022 (ex-date) with the amount of $0.62 per share.
SWX has paid dividend of $2.43 per share in the last year.
Currently Southwest Gas Holdings's dividend yield is 3.4%.
Southwest Gas Holdings has a quarterly dividend frequency.
The dividend payout ratio of Southwest Gas Holdings is 99.2%.
Southwest Gas Holdings's dividend yield is more than the Utilities sector average.