Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc.

SWXยทNYSE

$87.17

+1.7%
UtilitiesRegulated Gas

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

At a Glance

Live Snapshot
Market Cap$6.31B
EPS6.0900
P/E Ratio14.31
Earnings Date08/05/2026
0.71%
Dividend Yield
-8%
3Y-27.0%
5Y-13.0%
10Y+25.0%
32.46%
Dividend Payout Ratio
-50%
3Y-64.0%
5Y+17.0%
10Y-86.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc. Dividend History

SWX ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

SWX Dividend Payment History

SWX ยท NYSE

Total Payments

50

Latest Dividend

$0.6450

Annual Amount

$3.1250

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 15, 2026
May 15, 2026Jun 1, 2026
$0.6450
$0.6450
Quarterly+4.03%
Nov 19, 2025
Feb 17, 2026Mar 2, 2026
$0.6200
$0.6200
Quarterly0.00%
Sep 17, 2025
Nov 17, 2025Dec 1, 2025
$0.6200
$0.6200
Quarterly0.00%
Apr 30, 2025
Aug 15, 2025Sep 2, 2025
$0.6200
$0.6200
Quarterly0.00%
Feb 19, 2025
May 15, 2025Jun 2, 2025
$0.6200
$0.6200
Quarterly0.00%
Nov 20, 2024
Feb 18, 2025Mar 3, 2025
$0.6200
$0.6200
Quarterly0.00%
Sep 17, 2024
Nov 15, 2024Dec 2, 2024
$0.6200
$0.6200
Quarterly0.00%
May 1, 2024
Aug 15, 2024Sep 3, 2024
$0.6200
$0.6200
Quarterly0.00%
Feb 22, 2024
May 15, 2024Jun 3, 2024
$0.6200
$0.6200
Quarterly0.00%
Nov 15, 2023
Feb 15, 2024Mar 1, 2024
$0.6200
$0.6200
Quarterly0.00%
Sep 20, 2023
Nov 15, 2023Dec 1, 2023
$0.6200
$0.6200
Quarterly0.00%
May 3, 2023
Aug 15, 2023Sep 1, 2023
$0.6200
$0.6200
Quarterly0.00%
Feb 23, 2023
May 15, 2023Jun 1, 2023
$0.6200
$0.6200
Quarterly0.00%
Nov 17, 2022
Feb 15, 2023Mar 1, 2023
$0.6200
$0.6200
Quarterly0.00%
Sep 21, 2022
Nov 15, 2022Dec 1, 2022
$0.6200
$0.6200
Quarterly0.00%
May 5, 2022
Aug 15, 2022Sep 1, 2022
$0.6200
$0.6200
Quarterly0.00%
Feb 24, 2022
May 16, 2022Jun 1, 2022
$0.6200
$0.6200
Quarterly+4.20%
Nov 17, 2021
Feb 15, 2022Mar 1, 2022
$0.5950
$0.5950
Quarterly0.00%
Sep 22, 2021
Nov 15, 2021Dec 1, 2021
$0.5950
$0.5950
Quarterly0.00%
May 5, 2021
Aug 16, 2021Sep 1, 2021
$0.5950
$0.5950
Quarterly0.00%
Feb 24, 2021
May 17, 2021Jun 1, 2021
$0.5950
$0.5950
Quarterly+4.39%
Nov 18, 2020
Feb 16, 2021Mar 1, 2021
$0.5700
$0.5700
Quarterly0.00%
Sep 24, 2020
Nov 16, 2020Dec 1, 2020
$0.5700
$0.5700
Quarterly0.00%
May 6, 2020
Aug 17, 2020Sep 1, 2020
$0.5700
$0.5700
Quarterly0.00%
Feb 25, 2020
May 15, 2020Jun 1, 2020
$0.5700
$0.5700
Quarterly+4.59%
Nov 18, 2019
Feb 18, 2020Mar 2, 2020
$0.5450
$0.5450
Quarterly0.00%
Sep 25, 2019
Nov 15, 2019Dec 2, 2019
$0.5450
$0.5450
Quarterly0.00%
May 1, 2019
Aug 15, 2019Sep 3, 2019
$0.5450
$0.5450
Quarterly0.00%
Feb 25, 2019
May 15, 2019Jun 3, 2019
$0.5450
$0.5450
Quarterly+4.81%
Nov 13, 2018
Feb 15, 2019Mar 1, 2019
$0.5200
$0.5200
Quarterly0.00%
Sep 26, 2018
Nov 15, 2018Dec 3, 2018
$0.5200
$0.5200
Quarterly0.00%
May 2, 2018
Aug 15, 2018Sep 4, 2018
$0.5200
$0.5200
Quarterly0.00%
Feb 23, 2018
May 15, 2018Jun 1, 2018
$0.5200
$0.5200
Quarterly+5.05%
Nov 13, 2017
Feb 15, 2018Mar 1, 2018
$0.4950
$0.4950
Quarterly0.00%
Sep 26, 2017
Nov 15, 2017Dec 1, 2017
$0.4950
$0.4950
Quarterly0.00%
May 4, 2017
Aug 15, 2017Sep 1, 2017
$0.4950
$0.4950
Quarterly0.00%
Feb 23, 2017
May 15, 2017Jun 1, 2017
$0.4950
$0.4950
Quarterly+10.00%
Nov 15, 2016
Feb 15, 2017Mar 1, 2017
$0.4500
$0.4500
Quarterly0.00%
Sep 28, 2016
Nov 15, 2016Dec 1, 2016
$0.4500
$0.4500
Quarterly0.00%
May 4, 2016
Aug 15, 2016Sep 1, 2016
$0.4500
$0.4500
Quarterly0.00%
Feb 23, 2016
May 16, 2016Jun 1, 2016
$0.4500
$0.4500
Quarterly+11.11%
Nov 13, 2015
Feb 16, 2016Mar 1, 2016
$0.4050
$0.4050
Quarterly0.00%
Sep 29, 2015
Nov 16, 2015Dec 1, 2015
$0.4050
$0.4050
Quarterly0.00%
May 6, 2015
Aug 17, 2015Sep 1, 2015
$0.4050
$0.4050
Quarterly0.00%
Feb 25, 2015
May 15, 2015Jun 1, 2015
$0.4050
$0.4050
Quarterly+10.96%
Nov 14, 2014
Feb 17, 2015Mar 2, 2015
$0.3650
$0.3650
Quarterly0.00%
Sep 16, 2014
Nov 17, 2014Dec 1, 2014
$0.3650
$0.3650
Quarterly0.00%
May 7, 2014
Aug 15, 2014Sep 2, 2014
$0.3650
$0.3650
Quarterly0.00%
Feb 27, 2014
May 15, 2014Jun 2, 2014
$0.3650
$0.3650
Quarterly+10.61%
Nov 15, 2013
Feb 18, 2014Mar 3, 2014
$0.3300
$0.3300
Quarterly-
swx

Southwest Gas Holdings, Inc. Payout Ratio Analysis

SWX ยท NYSE
Dividends Paid
-178.51M
2025
Net Income
439.83M
2025
Payout Ratio
40.59%
2025

Dividend Sustainability Analysis

Payout Ratio
40.59%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-70.9%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-0.4%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.