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SWX Southwest Gas Holdings dividend history, payout ratio & dates

Southwest Gas Holdings's latest quarterly dividend was on Feb 14, 2024 (ex-date) with a payout of $0.62 per share. At an annualized rate of $2.48 per share, the stock yields 3.31%.

Key dates

  • SWX last dividend date: Feb 14, 2024
  • SWX next dividend date: May 14, 2024
SWX dividend stats
DPS
$2.48
Dividend yield
3.26%
Payout ratio
116.4%
vs. Utilities sector
Dividend yield
3.53%
Payout ratio
65.5%

Dividend yield

What is Southwest Gas Holdings current dividend yield

Southwest Gas Holdings's dividend yield of 3.31% is below the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.53%, Southwest Gas Holdings's dividend yield is 6% lower. The historical 5-year average of SWX's dividend yield is 3.4%, which is similar to the current yield.

Dividend history

What is SWX dividend payout history and dates

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 remained the same for the last twelve months. However with the price of the stock up by 22% from a year ago, the dividend yield has decreased by 18%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 14, 2024 Mar 1, 2024 Nov 15, 2023 $0.62 normal
Nov 14, 2023 Dec 1, 2023 Sep 20, 2023 $0.62 normal
Aug 14, 2023 Sep 1, 2023 May 3, 2023 $0.62 normal
May 12, 2023 Jun 1, 2023 Feb 23, 2023 $0.62 normal
Feb 14, 2023 Mar 1, 2023 Nov 17, 2022 $0.62 normal
Nov 14, 2022 Dec 1, 2022 Sep 21, 2022 $0.62 normal
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 dividend payout ratio

What is Southwest Gas Holdings dividend payout ratio compared to the sector

Payout ratio

Southwest Gas Holdings's payout ratio of 116.4% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 65.5%, Southwest Gas Holdings's payout ratio is 78% higher.

Total amount of dividends paid per financial year (from cash flow)

SWX dividend vs peer dividends

How does SWX dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
STR Sitio Royalties Corporation 7.69% $1.9 N/A
NWN Northwest Natural Holding Co 5.23% $1.95 75.1%
OKE Oneok Inc 4.81% $3.86 70.2%
NFG National Fuel Gas Co 3.65% $1.96 40.9%
SRE Sempra Energy 3.35% $2.41 50%
SWX Southwest Gas Holdings Inc 3.26% $2.48 116.4%
CNP Centerpoint Energy Inc 2.74% $0.78 56.9%
ATO Atmos Energy Corp 2.6% $3.09 49.4%

Frequently asked questions

Does Southwest Gas Holdings pay a dividend?

Yes, Southwest Gas Holdings has paid four dividends in the last twelve months. SWX has been paying dividends since 1994.

When is Southwest Gas Holdings's next dividend?

SWX's next dividend date is May 14, 2024 (ex-date).

When was SWX's last dividend?

Southwest Gas Holdings's last regular dividend was on Feb 14, 2024 (ex-date) with the amount of $0.62 per share.

How much dividend does Southwest Gas Holdings pay (per share)?

SWX has paid dividend of $2.48 per share in the last year.

What is Southwest Gas Holdings's dividend yield?

Currently Southwest Gas Holdings's dividend yield is 3.31%.

How often does Southwest Gas Holdings pay dividends?

Southwest Gas Holdings has a quarterly dividend frequency.

What is Southwest Gas Holdings's dividend payout ratio?

The dividend payout ratio of Southwest Gas Holdings is 116.4%.

Does Southwest Gas Holdings pay a good dividend?

Southwest Gas Holdings's dividend yield is less than the Utilities sector average.