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Southwest Gas Holdings Inc. (SWX) logo

Southwest Gas Holdings Inc.

S&P 500

SWX/Utilities · Utilities - Regulated Gas/NYSE

Dividend Yield

2.83%

$2.50 · Annual Dividend

Stock Price$89.05P/E26.8MCap6.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

69/ 100Safe

SWX's dividend appears safe and well-supported. Strengths include a 75.1% earnings payout ratio & 41.9% fcf payout ratio. Areas of concern: 2.6x interest coverage & 6.1% return on equity. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • CFO Payout Ratio: 29.0%Operating cash flow strongly supports the payout.
  • Debt-to-Equity: 85.5Conservative debt level relative to equity.
  • Operating Margin: 37.9%Healthy operating margin provides a wide buffer.

Risks

  • Interest Coverage: 2.6xInterest coverage is thin relative to debt servicing.
  • Return on Equity: 6.1%Return on equity is below industry norms.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe

Balance Sheet

Safe

Profitability

Safe
6.1%Warning
37.9%Very Safe
58.8%Very Safe

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
Mostly StableCaution

About Southwest Gas Holdings Inc.

Southwest Gas Holdings Inc. is a diversified utility-centered company with a primary focus on providing natural gas services. Operating mainly in Arizona, Nevada, and California, it supplies millions of consumers with natural gas, supporting residential, commercial, and industrial sectors. The company's infrastructure includes a vast network of pipelines and storage facilities essential for ensuring a reliable supply of natural gas across its service areas. Additionally, Southwest Gas Holdings Inc. is actively engaged in utility infrastructure services, offering pipeline construction and maintenance services through its subsidiary, Centuri Group, Inc. These operations cater to the expanding demand for energy infrastructure in North America, particularly in dynamic and growing regions. As part of its commitment to sustainability, the company continuously invests in upgrading its systems to enhance safety and efficiency while reducing emissions. In the financial market, Southwest Gas Holdings Inc. is recognized for its stable revenue streams, attributed to long-term utility rates and regulatory mechanisms, reinforcing its role as a significant player within the utility and energy sectors.

Dividend Overview

Dividend Yield

2.83%

Annual Dividend

$2.50

Frequency

Quarterly

Payout Ratio

75.15%

FCF Payout Ratio

41.92%

52-Week Range

$72.43 - $94.43

Dividend History (2016–2025)

SWX annual dividend per share and yield history

Earnings & Profitability

SWX earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 15, 2026

Last Payment Date

June 1, 2026

Dividend Growth

3-Year Dividend CAGR

0.34%

5-Year Dividend CAGR

1.92%

10-Year Dividend CAGR

4.61%

3-Year Total Growth

1.02%

5-Year Total Growth

9.98%

10-Year Total Growth

56.96%

Income Calculator

SWX Dividend Calculator

Total Investment

$8,905.00

Annual Income

$250.50

Quarterly Income

$62.63

Monthly Income

$20.88

Frequently Asked Questions

What is SWX's current dividend yield?
Southwest Gas Holdings Inc. (SWX) currently has a dividend yield of 2.83%, based on a stock price of $89.05 and an annual dividend of $2.50.
When is SWX's next dividend payment date?
SWX's next ex-dividend date is 2026-05-15 and the next payment date is 2026-06-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SWX pay in dividends per year?
Southwest Gas Holdings Inc. paid $2.48 per share in annual dividends in 2025. The dividends are paid quarterly.
Has SWX been increasing its dividend?
Southwest Gas Holdings Inc. has grown its dividend at a 5-year CAGR of 1.92% and a 10-year CAGR of 4.61%.
Is SWX's dividend safe?
Southwest Gas Holdings Inc. has a payout ratio of 75.15%. Its free cash flow payout ratio is 41.92%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is SWX's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Southwest Gas Holdings Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.