Southwest Gas Holdings, Inc.

NYSE:SWX Stock Report

Market Cap: US$5.6b

Southwest Gas Holdings Dividend

Dividend criteria checks 4/6

Southwest Gas Holdings is a dividend paying company with a current yield of 3.19%. Next payment date is on 3rd September, 2024 with an ex-dividend date of 15th August, 2024.

Key information

3.2%

Dividend yield

92%

Payout ratio

Industry average yield3.8%
Next dividend pay date03 Sep 24
Ex dividend date15 Aug 24
Dividend per sharen/a
Earnings per shareUS$2.69
Dividend yield forecast in 3Y3.4%

Recent dividend updates

Southwest Gas Holdings' (NYSE:SWX) Dividend Will Be $0.62

Dec 13
Southwest Gas Holdings' (NYSE:SWX) Dividend Will Be $0.62

Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62

Nov 19
Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62

Recent updates

Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Apr 24
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Southwest Gas Holdings, Inc. (NYSE:SWX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Mar 08
Southwest Gas Holdings, Inc. (NYSE:SWX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Southwest Gas Holdings Could Face A Customer Uprising

Feb 21

Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Jan 12
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Southwest Gas Holdings: Bottom Line Recovers, But Dilution Continues

Dec 18

Southwest Gas Holdings' (NYSE:SWX) Dividend Will Be $0.62

Dec 13
Southwest Gas Holdings' (NYSE:SWX) Dividend Will Be $0.62

Southwest Gas Q3: Improved Financial Performance But No Significant Future Growth Prospects

Nov 27

Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62

Nov 19
Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62

Southwest Gas Holdings, Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next

Nov 11
Southwest Gas Holdings, Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next

Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62

Oct 28
Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62

Southwest Gas Holdings (NYSE:SWX) Is Paying Out A Dividend Of $0.62

Oct 14
Southwest Gas Holdings (NYSE:SWX) Is Paying Out A Dividend Of $0.62

Southwest Gas Holdings: Should Handle Weakening Consumers, But Valuation High

Sep 12

Southwest Gas: Reasonable Total Return And A Growing Service Area

Jul 03

Southwest Gas declares $0.62 dividend

Feb 24

Southwest Gas: A High Valuation With Limited Growth Ahead, Bearish Chart

Jan 30

Activist Corvex adds Southwest Gas, exits Zendesk

Nov 14

Southwest Gas appoints Robert Stefani as new CFO

Nov 07

Southwest Gas Grapples With Strategic Review And I See Limited Upside

Sep 16

Southwest Gas Holdings: Inflation Hedge And Beyond

Jul 06

Southwest Gas Holdings: Often Overlooked By Utility Investors

Apr 14

Southwest Gas Holdings (NYSE:SWX) Is Increasing Its Dividend To US$0.62

Mar 16
Southwest Gas Holdings (NYSE:SWX) Is Increasing Its Dividend To US$0.62

Upcoming Dividend Payment

TodayMay 21 2024Ex Dividend DateAug 15 2024Dividend Pay DateSep 03 202419 days from Ex DividendBuy in the next 86 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SWX's dividends per share have been stable in the past 10 years.

Growing Dividend: SWX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Southwest Gas Holdings Dividend Yield vs Market
How does SWX dividend yield compare to the market?
SegmentDividend Yield
Company (SWX)3.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Gas Utilities)3.8%
Analyst forecast in 3 Years (SWX)3.4%

Notable Dividend: SWX's dividend (3.19%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: SWX's dividend (3.19%) is low compared to the top 25% of dividend payers in the US market (4.58%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (92.2%), SWX's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (48.8%), SWX's dividend payments are well covered by cash flows.


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