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Southwest Gas Holdings (Southwest Gas Holdings) Dividend Yield %

: 3.32% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Southwest Gas Holdings is 3.32%.

Warning Sign:

Southwest Gas Holdings Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for Southwest Gas Holdings's Dividend Yield % or its related term are showing as below:

SWX' s Dividend Yield % Range Over the Past 10 Years
Min: 2.03   Med: 2.66   Max: 4.43
Current: 3.32

During the past 13 years, the highest Dividend Yield of Southwest Gas Holdings was 4.43%. The lowest was 2.03%. And the median was 2.66%.

SWX's Dividend Yield % is ranked worse than
61.12% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.95 vs SWX: 3.32

Southwest Gas Holdings's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southwest Gas Holdings Inc is 0.90, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Southwest Gas Holdings was 1.29. The lowest was 0.48. And the median was 0.56.

As of today (2024-04-23), the Forward Dividend Yield % of Southwest Gas Holdings is 3.32%.

Southwest Gas Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.62.

During the past 12 months, Southwest Gas Holdings's average Dividends Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southwest Gas Holdings was 11.20% per year. The lowest was -19.10% per year. And the median was 4.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Southwest Gas Holdings Dividend Yield % Historical Data

The historical data trend for Southwest Gas Holdings's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southwest Gas Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 3.71 3.36 3.93 3.91

Southwest Gas Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.93 3.97 3.90 4.11 3.91

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Gas Holdings Dividend Yield % Distribution

For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Southwest Gas Holdings's Dividend Yield % falls into.



Southwest Gas Holdings Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Southwest Gas Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6202024-02-142024-02-152024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6202023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6202023-08-142023-08-152023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6202023-05-122023-05-152023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Southwest Gas Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.48/74.25
=3.34 %

Current Share Price is $74.25.
Southwest Gas Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.48.

Southwest Gas Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.48/74.25
=3.34 %

Current Share Price is $74.25.
Southwest Gas Holdings's Dividends per Share for the forward twelve months is calculated as $0.62 * 4 = $2.48.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southwest Gas Holdings  (NYSE:SWX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Southwest Gas Holdings Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Southwest Gas Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Southwest Gas Holdings (Southwest Gas Holdings) Business Description

Traded in Other Exchanges
Address
8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510
Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.
Executives
Paul M Daily officer: Executive Officer C/O SOUTHWEST GAS HOLDINGS, INC., 5241 SPRING MOUNTAIN ROAD, LAS VEGAS NV 89150
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Robert J Stefani officer: SVP/Chief Financial Officer 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Icahn Partners Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Randall P. Gabe officer: SVP/Chief Administrative OFC 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Amy L. Timperley officer: SVP/Chief Reg. & Fin. Planning 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Jose A Cardenas director 8360 S. DURANGO DR., LAS VEGAS NV 89113
Boyd S. Nelson officer: VP/Strategy & Inv Relations 8360 S. DURANGO DR., LAS VEGAS NV 89113
Thomas E. Moran officer: VP/General Counsel/Corp. Sec SOUTHWEST GAS HOLDINGS, INC., 8360 SOUTH DURANGO DRIVE, LAS VEGAS NV 89113
Julie M. Williams officer: SVP/Chief Operations Officer 8360 S. DURANGO DR., LAS VEGAS NV 89113
Lori L Colvin officer: VP/Controller/CAO 8360 S. DURANGO DR., LAS VEGAS NV 89113
Eric Debonis officer: SVP/Operations 8360 S. DURANGO DR., LAS VEGAS NV 89113
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036