Southwest Gas dividend calculator – Southwest Gas Holdings Declares 0.62 Cash Dividend
June 1, 2023
🌥️Dividends Yield
Southwest Gas ($NYSE:SWX) Holdings Inc. recently declared a 0.62 cash dividend on May 26, 2023. This dividend rate is consistent with a trend of providing a good dividend per share for the past three years. Specifically, the company has paid out 2.48, 2.46 and 2.36 USD per share for 2021, 2022 and 2023, respectively. Furthermore, the estimated dividend yields for the same years are calculated at 3.33%, 3.25%, and 3.5% respectively, with an average dividend yield of 3.36%.
For those considering investing in dividend stocks, SOUTHWEST GAS should be taken into consideration as a stable dividend stock with its ex-dividend date on May 12, 2023. With its good track record of providing dividends to its shareholders, SOUTHWEST GAS can be a good addition to any portfolio that is looking for reliable dividend payouts.
Market Price
The stock opened at $57.1 and closed at $58.3, 2.0% higher than the previous closing price of 57.2. This dividend marks the company’s commitment to rewarding its investors and providing them with a reliable return on their investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Southwest Gas. More…
| Total Revenues | Net Income | Net Margin |
| 5.3k | -253.56 | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Southwest Gas. More…
| Operations | Investing | Financing |
| 35.1 | 150.97 | -727.82 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Southwest Gas. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.81k | 8.39k | 46.21 |
Key Ratios Snapshot
Some of the financial key ratios for Southwest Gas are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.3% | 7.3% | -0.9% |
| FCF Margin | ROE | ROA |
| -16.6% | -0.9% | -0.2% |
Analysis
As GoodWhale, we conducted an analysis of SOUTHWEST GAS‘s wellbeing. According to our Star Chart classification, SOUTHWEST GAS is classified as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be of interest to investors looking for high growth potential, although they should bear in mind that there may be greater risk involved. SOUTHWEST GAS has an intermediate health score of 5/10, indicating that it might be able to pay off debt and fund future operations considering its cashflows and debt. Furthermore, it is strong in dividend, growth, and medium in asset, profitability. This makes SOUTHWEST GAS an attractive investment for those who are looking for high returns with balanced risks. More…
Peers
The energy industry is highly competitive, and Southwest Gas Holdings Inc is no exception. It competes with some of the largest energy companies in the world, such as Snam SpA, Amber Grid AB, and Korea Gas Corp. Each of these companies has a unique set of strengths and weaknesses that can help them gain an edge in the market, and Southwest Gas Holdings Inc must be prepared to face off against these formidable opponents.
– Snam SpA ($LTS:0NQP)
Snam SpA is an Italian energy company focusing on natural gas infrastructure, energy services, and energy efficiency. The company has a market capitalization of 16.44 billion as of 2022, and its Return on Equity (ROE) is 13.61%. This suggests that the company is generating a high return on its investments compared to its peers, which is a positive indicator of its financial health. The company has a strong presence in the European energy market, and is well-positioned to capitalize on the increasing demand for natural gas.
– Amber Grid AB ($LTS:0QGQ)
Amber Grid AB is a Lithuanian natural gas transmission system operator. The company operates a natural gas transmission, distribution and storage system in Lithuania and Latvia, as well as a network for international transit of natural gas. As of 2022, the company has a market capitalization of 223.87M and a Return on Equity of 7.82%. This gives investors an indication of the company’s financial performance, as well as its ability to generate profits from its current operations. Amber Grid AB is a reliable provider of natural gas transmission, distribution and storage services in the Baltic region.
– Korea Gas Corp ($KOSE:036460)
Korea Gas Corporation (KOGAS) is the world’s largest liquefied natural gas (LNG) importer and Korea’s largest natural gas utility company. With a market cap of 2.98 trillion as of 2022, KOGAS is one of the major players in the global gas industry. Furthermore, KOGAS has an impressive Return on Equity (ROE) of 17.22%, which indicates its ability to generate profits from its shareholders’ investments. This is largely due to KOGAS’ strong financial position, allowing it to make investments in its LNG infrastructure, expand production capacity and increase its customer base. KOGAS is a leader in the LNG industry, and its impressive market cap and ROE make it a strong player in the energy sector.
Summary
Investing in SOUTHWEST GAS is an attractive option due to a solid dividend yield and an impressive track record of consistent dividend payouts. Over the last three years, the company has provided an average dividend per share of 2.46 USD with a dividend yield of 3.36%. The estimated dividend yields for 2021 to 2023 are expected to be at 3.33%, 3.25%, and 3.5% respectively. SOUTHWEST GAS is a reliable investment option that can provide investors with long-term capital gains and steady income.
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