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LAS VEGAS - Southwest Gas Holdings, Inc. (NYSE:SWX) announced a quarterly cash dividend of $0.645 per share for the second quarter of 2026, according to a press release statement.
The dividend will be paid on June 1, 2026, to shareholders of record as of May 15, 2026. The payment represents a 4% increase from the 2025 dividend rate and brings the annualized dividend to $2.58 per share.
The company has maintained continuous quarterly dividend payments since going public in 1956.
Southwest Gas Holdings operates through its primary subsidiary Southwest Gas Corporation, which distributes and transports natural gas to over 2 million customers in Arizona, Nevada, and California.
In other recent news, Southwest Gas Holdings reported its fourth-quarter 2025 earnings, which showed a mixed performance. The company’s earnings per share (EPS) came in at $1.43, slightly surpassing the analysts’ forecast of $1.39. This represents a 2.88% surprise in EPS. However, the revenue for the quarter was $480.7 million, which fell short of the expected $585 million, marking a 17.82% negative revenue surprise. Additionally, Southwest Gas Holdings has completed its transition to a pure-play regulated gas utility by selling its remaining shares of Centuri Holdings. Following this transition, Argus raised its price target for Southwest Gas Holdings from $88 to $98, while maintaining a Buy rating. Analyst Marie Ferguson highlighted the strategic focus on regulated gas utility operations as a key factor in the price target adjustment. These developments reflect recent strategic and financial shifts for Southwest Gas Holdings.
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