Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Southwest Gas HoldingsSWX -0.34%65 3-Year Dividend Growth Rate is 0.30% as of Jun. 2026, which is 88% below its 10-year median of 2.60. GuruFocus rates SWX with a GF Scoreâ„¢ of 65/100 and a GF Valueâ„¢ of $53.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 310 Utilities - Regulated companies, Southwest Gas Holdings ranks worse than 71.61% on this metric.
The historical rank and industry rank for Southwest Gas Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:
SWX'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.1 Med: 2.6 Max: 11.2
Current: 0.3
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.
SWX's 3-Year Dividend Growth Rate is ranked worse than 71.61% of 310
companies
in the Utilities - Regulated industry
Industry Median: 5.55
vs SWX: 0.30
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.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Southwest Gas Holdings was 1.46. The lowest was 0.48. And the median was 0.62.
2. 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.
Southwest Gas Holdings's Dividend Yield (%) for Today is calculated as
Current Share Price is $92.09.
Southwest Gas Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.505.
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 3.11%.
Warning Sign:
Southwest Gas Holdings Inc stock Dividend Yield % is close to 5-year low.
* 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 3-Year Dividend Growth Rate Related Terms>
SWX vs NJR, BKH, UGI: 3-Year Dividend Growth Rate Comparison
For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Southwest Gas Holdings's 3-Year Dividend Growth Rate falls into.
Southwest Gas Holdings 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 0.30% mean?
Southwest Gas Holdings (SWX) has a 3-Year Dividend Growth Rate of 0.30% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Southwest Gas Holdings and its competitors. This is 88% below median its historical median of 2.60. According to the industry distribution chart, Southwest Gas Holdings ranks #222 out of 310 companies in the Utilities - Regulated industry, placing it in the top 71.6%.
Is Southwest Gas Holdings' 3-Year Dividend Growth Rate too high?
Southwest Gas Holdings' current 3-Year Dividend Growth Rate of 0.30% is 88% below median its 10-year median of 2.60. The Utilities - Regulated industry median 3-Year Dividend Growth Rate is 5.55. Southwest Gas Holdings' value of 0.30% is 94.6% below this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #222 out of 310 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southwest Gas Holdings has a GF Scoreâ„¢ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' 3-Year Dividend Growth Rate compare to NJR and BKH?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #222 out of 310 companies for 3-Year Dividend Growth Rate. This places Southwest Gas Holdings in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 5.55. Southwest Gas Holdings' value of 0.30% is 94.6% below this benchmark. While the company's 10-year median is 2.60 vs. the industry median of 5.55, Southwest Gas Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Regulated company?
The median 3-Year Dividend Growth Rate among Utilities - Regulated companies is 5.55, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southwest Gas Holdings's current 3-Year Dividend Growth Rate of 0.30% is 94.6% 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median 3-Year Dividend Growth Rate is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current 3-Year Dividend Growth Rate is 0.30%, which is 88% below median its own 10-year median of 2.60. 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 3-Year Dividend Growth Rate is 0.30%, which is 88% below median its 10-year median of 2.60 and 94.6% below the Utilities - Regulated industry median of 5.55. 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 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Southwest Gas Holdings (SWX), the current 3-Year Dividend Growth Rate is 0.30% as of Jun. 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:
3-Year Dividend Growth Rate: 0.30% (88% below median its 10-year median of 2.60)
GF Value™: $53.66 vs. price of $92.09 (71.6% above fair value)
Industry Position: 94.6% below the Utilities - Regulated median (#222 of 310)
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
Get the complete analysis for SWX
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SWX has been successfully added to your 
