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Southwest Gas (SWX) Dividend Yield, Date & History

Southwest Gas logo
$69.65 +0.08 (+0.11%)
(As of 12/20/2024 05:31 PM ET)

Southwest Gas Dividend Summary

Dividend Yield
3.56%
Annual Dividend
$2.48
Next
Dividend Payment
Mar. 3
Annualized 3-Year
Dividend Growth
3.22%
Dividend Payout Ratio
100.00%

Southwest Gas (SWX) pays an annual dividend of $2.48 per share, with a dividend yield of 3.56%. The next quarterly payment of $0.62 per share is scheduled for Monday, March 3, to investors who own the stock before the ex-dividend date of Tuesday, February 18. The company currently pays out 100.00% of its earnings and 27.31% of its cash flow as dividends.

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SWX Dividend Payments by Quarter

The chart below displays up to four years of Southwest Gas' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SWX Dividend Yield Over Time

The chart below tracks Southwest Gas' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Southwest Gas vs. The Competition

Compare Southwest Gas' annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeSouthwest GasUtilities CompaniesNYSE Companies
Annual Dividend$2.48$0.04$1.39
Dividend Yield3.56%4.10%3.59%
Annualized 3-Year Dividend Growth3.22%1.33%15.78%

Southwest Gas Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings100.00%
Based on This Year's Estimate78.48%
Based on Next Year's Estimate65.78%
Based on Cashflow27.31%

Southwest Gas Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/20/2024quarterly$0.62 - 3.25%2/18/20252/18/20253/3/2025
9/17/2024Quarterly$0.62 - 3.38%11/15/202411/15/202412/2/2024
5/1/2024quarterly$0.62 - 3.3%8/15/20248/15/20249/3/2024
2/22/2024Quarterly$0.62 - 3.92%5/14/20245/15/20246/3/2024
11/15/2023Quarterly$0.62 - 4.13%2/14/20242/15/20243/1/2024
9/20/2023Quarterly$0.62 - 4%11/14/202311/15/202312/1/2023
5/3/2023quarterly$0.62 - 4.4%8/14/20238/15/20239/1/2023
2/23/2023Quarterly$0.62 - 3.87%5/12/20235/15/20236/1/2023

This table shows Southwest Gas' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Southwest Gas Dividend - Frequently Asked Questions

The current dividend yield for Southwest Gas is 3.56%. Learn more on SWX's dividend yield history.

The annual dividend for SWX shares is $2.48. Learn more on SWX's annual dividend history.

Southwest Gas pays quarterly dividends to shareholders.

Southwest Gas's next quarterly dividend payment of $0.62 per share will be made to shareholders on Monday, March 3, 2025.

Southwest Gas's most recent quarterly dividend payment of $0.62 per share was made to shareholders on Monday, December 2, 2024.

Southwest Gas's next ex-dividend date is Tuesday, February 18, 2025.

Southwest Gas's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 3.22% per year.

The most recent change in the company's dividend was an increase of $0.0250 on Thursday, February 24, 2022.

The dividend payout ratio for SWX is:
  • 100.00% based on the trailing year of earnings
  • 78.48% based on this year's estimates
  • 65.78% based on next year's estimates
  • 27.31% based on cash flow

Southwest Gas' dividend yield of 3.65% is lower than the average Utilities company that issues a dividend. Southwest Gas' dividend payout ratio of 100.00% may not be sustainable. However, based on earnings estimates, SWX will have a more sustainable dividend payout ratio of 65.78% next year.

Looking at the stock as a whole, market analysts rate Southwest Gas stock as a Reduce, forecasting potential downside risks or overvaluation, signaling caution for investors.


This page (NYSE:SWX) was last updated on 12/21/2024 by MarketBeat.com Staff
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