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Southwest Gas HoldingsSWX -0.34%65 Forward Dividend Yield % is 2.80% as of Aug. 08, 2026. GuruFocus rates SWX with a GF Score™ of 65/100 and a GF Value™ of $53.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 436 Utilities - Regulated companies, Southwest Gas Holdings ranks worse than 69.04% on this metric.
As of today (2026-08-08), the Forward Annual Dividend Yield of Southwest Gas Holdings is 2.80%.
As of today (2026-08-08), the Trailing Annual Dividend Yield of Southwest Gas Holdings is 2.72%.
SWX's Forward Dividend Yield % is ranked worse than 69.04% of 436
companies
in the Utilities - Regulated industry
Industry Median: 3.75
vs SWX: 2.80
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 0.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.50% 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 2.60% 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 (NYSE:SWX) Forward 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.
Southwest Gas Holdings Forward Dividend Yield % Related Terms
SWX vs NJR, BKH, UGI: Forward Dividend Yield % Comparison
For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Southwest Gas Holdings's Forward Dividend Yield % falls into.
Southwest Gas Holdings Forward 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 0.645000
2026-05-15
2026-05-15
2026-06-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.620000
2026-02-17
2026-02-17
2026-03-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.620000
2025-11-17
2025-11-17
2025-12-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.620000
2025-08-15
2025-08-15
2025-09-02
Cash Dividend
quarterly
USD: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.
* 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.
What does a Forward Dividend Yield % of 2.80% mean?
Southwest Gas Holdings (SWX) has a Forward Dividend Yield % of 2.80% as of Aug. 08, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Southwest Gas Holdings and its competitors. According to the industry distribution chart, Southwest Gas Holdings ranks #301 out of 436 companies in the Utilities - Regulated industry, placing it in the top 69%.
Is Southwest Gas Holdings' Forward Dividend Yield % too high?
Southwest Gas Holdings' current Forward Dividend Yield % is 2.80%. The Utilities - Regulated industry median Forward Dividend Yield % is 3.75. Southwest Gas Holdings' value of 2.80% is 25.3% below this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #301 out of 436 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' Forward Dividend Yield % compare to NJR and BKH?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #301 out of 436 companies for Forward Dividend Yield %. This places Southwest Gas Holdings in the lower half of its industry. The industry median Forward Dividend Yield % is 3.75. Southwest Gas Holdings' value of 2.80% is 25.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Regulated company?
The median Forward Dividend Yield % among Utilities - Regulated companies is 3.75, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southwest Gas Holdings's current Forward Dividend Yield % of 2.80% is 25.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Forward Dividend Yield % is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current Forward Dividend Yield % is 2.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Southwest Gas Holdings (SWX) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.66, compared to a current price of $92.09 — trading 71.6% above its estimated fair value. The current Forward Dividend Yield % is 2.80% and 25.3% below the Utilities - Regulated industry median of 3.75. Southwest Gas Holdings' overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Southwest Gas Holdings (SWX), the current Forward Dividend Yield % is 2.80% as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Southwest Gas Holdings (SWX) Overvalued in 2026?
Based on GuruFocus' analysis, Southwest Gas Holdings stock appears to be overvalued.
The current stock price of $92.09 is trading 71.6% above its estimated GF Value™ of $53.66.
GuruFocus considers Southwest Gas Holdings to be Significantly Overvalued.
Key valuation signals for SWX:
Forward Dividend Yield %: 2.80%
GF Value™: $53.66 vs. price of $92.09 (71.6% above fair value)
Industry Position: 25.3% below the Utilities - Regulated median (#301 of 436)
No single metric tells the full story. See the SWX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution segment. The Natural gas distribution segment encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. Its division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers.
65GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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