SWX Dividend History & Analysis | 3.3% Yield

SWX has a dividend yield of 3.3% and paid 3.1 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.28%
Payout Ratio 1.6%
Growth Rate CAGR 5y 1.30%
Consistency Lifetime 97.0%
Yield on Cost 5y 6.03%
Payout FCF -
Streak Years 41
Dividend Rating 60.53%
Ex-Dividend in 9 days: Buy before Feb 17, 2026 to receive the next dividend.

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 13%
Total Return 5y: 61.8%

Top Dividend Payers in Gas Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
SPH 1,334 M 8.30% 12.5%
SR 4,993 M 4.14% 7.65%
NJR 5,042 M 3.99% 7.68%
NWN 1,965 M 4.51% 5.34%
UGI 8,126 M 4.25% 5.07%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
CPK 3,043 M 9.42% 98.5%
ATO 26,905 M 9.03% 99.3%
NJR 5,042 M 7.37% 98.6%
SR 4,993 M 4.81% 74.4%
NFG 7,982 M 4.03% 99.6%

SWX Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-17 2026-02-17 2026-03-02 Quarterly 0.62 0% N/A
2025-11-17 2025-11-17 2025-12-01 Quarterly 0.62 0% 0.77%
2025-08-15 2025-08-15 2025-09-02 Quarterly 0.62 0% 0.79%
2025-05-15 2025-05-15 2025-06-02 Quarterly 0.62 0% 0.91%
2025-02-18 2025-02-18 2025-03-03 Quarterly 0.62 0% 0.81%
2024-11-15 2024-11-15 2024-12-02 Quarterly 0.62 0% 0.81%
2024-08-15 2024-08-15 2024-09-03 Quarterly 0.62 0% 0.87%
2024-05-14 2024-05-15 2024-06-03 Quarterly 0.62 0% 0.82%
2024-02-14 2024-02-15 2024-03-01 Quarterly 0.62 0% 1.07%
2023-11-14 2023-11-15 2023-12-01 Quarterly 0.62 0% 1.04%
2023-08-14 2023-08-15 2023-09-01 Quarterly 0.62 0% 0.96%
2023-05-12 2023-05-15 2023-06-01 Quarterly 0.62 0% 1.1%
2023-02-14 2023-02-15 2023-03-01 Quarterly 0.62 0% 0.94%
2022-11-14 2022-11-15 2022-12-01 Quarterly 0.62 0% 0.95%
2022-08-12 2022-08-15 2022-09-01 Quarterly 0.62 0% 0.82%
2022-05-13 2022-05-16 2022-06-01 Quarterly 0.62 4.2% 0.68%
2022-02-14 2022-02-15 2022-03-01 Quarterly 0.595 0% 0.89%
2021-11-12 2021-11-15 2021-12-01 Quarterly 0.595 0% 0.85%
2021-08-13 2021-08-16 2021-09-01 Quarterly 0.595 0% 0.84%
2021-05-14 2021-05-17 2021-06-01 Quarterly 0.595 4.4% 0.83%
2021-02-12 2021-02-16 2021-03-01 Quarterly 0.57 0% 0.92%
2020-11-13 2020-11-16 2020-12-01 Quarterly 0.57 0% N/A
2020-08-14 2020-08-17 2020-09-01 Quarterly 0.57 0% N/A
2020-05-14 2020-05-15 2020-06-01 Quarterly 0.57 4.6% N/A
2020-02-14 2020-02-18 2020-03-02 Quarterly 0.545 0% N/A
2019-11-14 2019-11-15 2019-12-02 Quarterly 0.545 0% N/A
2019-08-14 2019-08-15 2019-09-03 Quarterly 0.545 0% N/A
2019-05-14 2019-05-15 2019-06-03 Quarterly 0.545 4.8% N/A
2019-02-14 2019-02-15 2019-03-01 Quarterly 0.52 0% N/A
2018-11-14 2018-11-15 2018-12-03 Quarterly 0.52 0% N/A
2018-08-14 2018-08-15 2018-09-04 Quarterly 0.52 0% N/A
2018-05-14 2018-05-15 2018-06-01 Quarterly 0.52 5.1% N/A
2018-02-14 2018-02-15 2018-03-01 Quarterly 0.495 0% N/A
2017-11-14 2017-11-15 2017-12-01 Quarterly 0.495 0% N/A
2017-08-11 2017-08-15 2017-09-01 Quarterly 0.495 0% N/A
2017-05-11 2017-05-15 2017-06-01 Other 0.495 10% N/A
2017-02-13 2017-02-15 2017-03-01 Quarterly 0.45 0% N/A
2016-11-10 2016-11-15 2016-12-01 Quarterly 0.45 0% N/A
2016-08-11 2016-08-15 2016-09-01 Quarterly 0.45 0% N/A
2016-05-12 2016-05-16 2016-06-01 Quarterly 0.45 11.1% N/A
2016-02-11 2016-02-16 2016-03-01 Quarterly 0.405 0% N/A
2015-11-12 2015-11-16 2015-12-01 Quarterly 0.405 0% N/A
2015-08-13 2015-08-17 2015-09-01 Quarterly 0.405 0% N/A
2015-05-13 2015-05-15 2015-06-01 Quarterly 0.405 11% N/A
2015-02-12 2015-02-17 2015-03-02 Quarterly 0.365 0% N/A
2014-11-13 2014-11-17 2014-12-01 Quarterly 0.365 0% N/A
2014-08-13 2014-08-15 2014-09-02 Quarterly 0.365 0% N/A
2014-05-13 2014-05-15 2014-06-02 Quarterly 0.365 10.6% N/A
2014-02-13 2014-02-18 2014-03-03 Quarterly 0.33 0% N/A
2013-11-13 2013-11-15 2013-12-02 Quarterly 0.33 0% N/A

SWX Dividend FAQ

Southwest Gas Holdings Inc. (NYSE:SWX) distributes and transports natural gas to residential, commercial, and industrial customers across Arizona, Nevada, and California through its Natural Gas Distribution and Utility Infrastructure Services segments. The company’s core activities include tariff-based gas sales, transportation services, and the installation, repair, and maintenance of energy distribution systems, as well as gas-construction projects throughout North America. Founded in 1931 and headquartered in Las Vegas, Nevada, SWX operates under a regulated utility model that ties earnings to approved rates and cost-of-service filings.

What is the Dividend Yield of SWX?

As of February 2026, SWX`s dividend yield is 3.28%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.10 USD by the current share price of 83.26.

Does SWX pay a dividend?

As of February 2026, SWX paid a dividend of 3.10 USD in the last 12 months. The last dividend was paid on 2026-02-17 and the payout was 0.62 USD.

How often does SWX pay dividends?

SWX pays dividends quarterly. Over the last 12 months, SWX has issued 5 dividend payments. The last dividend payment was made on 2026-02-17.

SWX dividend forecast

Based on historical data, the forecasted dividends per share for SWX for the next 4 payments are between 0.652 (+5.2%) and 0.658 (+6.1%).
This indicates a solid dividend increase compared to the last payment.

Will SWX pay dividends in 2026?

The latest dividend paid per share was 0.62 USD with an Ex-Dividend Date of 2026-02-17. The next Ex-Dividend date for Southwest Gas Holdings (SWX) is 2026-02-17.

What is the next Ex-Dividend Date for SWX?

The next Ex-Dividend date for Southwest Gas Holdings (SWX) is 2026-02-17.

What is the Dividend Growth of SWX?

SWX's average dividend growth rate over the past 5 years is 1.30% per year.
Weak growth: SWX's Dividend growth is lower than inflation.

What is the Yield on Cost of SWX?

SWX's 5-Year Yield on Cost is 6.03%. If you bought SWX's shares at 51.45 USD five years ago, your current annual dividend income (3.10 USD per share, trailing 12 months) equals 6.03% of your original purchase price.

What is the Payout Consistency of SWX?

SWX Payout Consistency is 97.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Southwest Gas Holdings has a strong track record of consistent dividend payments over its lifetime.

Does SWX have a good Dividend Yield?

SWX`s 3.28% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of SWX?

The Dividend Payout Ratio of SWX is 1.6%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of SWX?

SWX`s Overall Dividend Rating is 60.53%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SWX Outstanding Shares Analysis

What is the Trend in SWX's Outstanding Shares?

Southwest Gas Holdings's outstanding shares have increased by approximately 0.34% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has SWX ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
1985 12,259,000
1986 17,738,000 +44.69%
1987 18,121,000 +2.16%
1988 18,639,000 +2.86%
1989 19,351,900 +3.82%
1990 20,384,600 +5.34%
1991 20,422,500 +0.19%
1992 20,487,800 +0.32%
1993 21,121,500 +3.09%
1994 21,323,500 +0.96%
1995 24,833,300 +16.46%
1996 27,000,000 +8.72%
1997 27,692,300 +2.56%
1998 30,760,900 +11.08%
1999 31,302,000 +1.76%
2000 32,069,000 +2.45%
2001 32,871,000 +2.5%
2002 33,659,000 +2.4%
2003 34,672,000 +3.01%
2004 37,390,000 +7.84%
2005 39,847,000 +6.57%
2006 42,376,000 +6.35%
2007 43,290,000 +2.16%
2008 44,680,000 +3.21%
2009 45,595,000 +2.05%
2010 46,316,900 +1.58%
2011 46,467,000 +0.32%
2012 46,650,000 +0.39%
2013 46,833,000 +0.39%
2014 46,992,000 +0.34%
2015 47,745,000 +1.6%
2016 47,849,000 +0.22%
2017 47,991,000 +0.3%
2018 50,911,000 +6.08%
2019 54,984,000 +8%
2020 57,679,000 +4.9%
2021 60,795,000 +5.4%
2022 67,200,000 +10.54%
2023 71,916,000 +7.02%
2024 72,231,000 +0.44%
2025 72,405,000 +0.24%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-04 02:38