
Southwest Gas Holdings, Inc.
SWXUtilities · Stock · quarterly payer
Forward Yield
3.00%
Annual Dividend
$2.58
Payout Ratio
64%
5-Yr Growth
1.9%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of September 2026, Southwest Gas Holdings, Inc. (SWX) yields 3.00% ($2.58 per share annually), with a blended fair-value estimate of $155.74 — +81% upside, so it screens as undervalued. Dividend safety grade: A (93/100).
Is SWX a good dividend stock?
YesSouthwest Gas Holdings, Inc. (SWX) pays a quarterly dividend yielding 3.00% ($2.58/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Top-tier dividend safety score
Risks
- Cut its dividend in 1992
Key Data
- Dividend Yield
- 3.00%
- Payout Ratio
- 64%
- Annual Dividend
- $2.58
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.56
- Market Cap
- $6.2B
- P/E Ratio
- 22.1
- 5-Yr Total Return
- 29%
- 52-Week Range
- $76.74 – $94.47
- Dividend Safety
- A · 93/100
- Ever Cut?
- Yes (1992)
Frequently Asked Questions
SWX Price — Last 12 Months
Daily close
Price Return
1 Year
+10%
3 Years
+43%
5 Years
+29%
52-Week Range
$76.74 – $94.47
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SWX worth?
Undervaluedlow confidenceOur blended fair-value estimate for Southwest Gas Holdings, Inc. is $155.74 per share, versus a market price of $86.11. That implies 81% of upside — a margin of safety of about 45%.
Fair Value
$155.74
Current Price
$86.11
Upside
+81%
Margin of Safety
45%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.4% annual free-cash-flow growth. We model 19.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.1% discount rate (CAPM), 19.5% stage-1 growth, 2.5% terminal growth, $3.89 EPS, $2.58 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SWX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | — | $0.6450 | regular |
| May 15, 2026 | — | $0.6450 | regular |
| Feb 17, 2026 | — | $0.6200 | regular |
| Nov 17, 2025 | — | $0.6200 | regular |
| Aug 15, 2025 | — | $0.6200 | regular |
| May 15, 2025 | — | $0.6200 | regular |
| Feb 18, 2025 | — | $0.6200 | regular |
| Nov 15, 2024 | — | $0.6200 | regular |
| Aug 15, 2024 | — | $0.6200 | regular |
| May 14, 2024 | — | $0.6200 | regular |
| Feb 14, 2024 | — | $0.6200 | regular |
| Nov 14, 2023 | — | $0.6200 | regular |
| Aug 14, 2023 | — | $0.6200 | regular |
| May 12, 2023 | — | $0.6200 | regular |
Income Calculator
At $2.58 / yr per share




