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Stock impact report

Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62 [Yahoo! Finance]

Southwest Gas Holdings, Inc. (DE) (SWX) 
Last southwest gas holdings, inc. (de) earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.swgasholdings.com
Company Research Source: Yahoo! Finance
We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Even a low dividend yield can be attractive if it is sustained for years on end. Prior to this announcement, Southwest Gas Holdings' dividend was making up a very large proportion of earnings, and the company was also not generating any cash flow to offset this. We think that this practice can make the dividend quite risky in the future. Looking forward, earnings per share is forecast to rise by 63.0% over the next year. If the dividend continues on this path, the payout ratio could be 48% by next year, which we think can be pretty sustainable going forward. See our latest analysis for Southwest Gas Holdings The company has an extended history of paying stable dividends. The annual payment during the last 10 years was $1.62 in 2016, and the most recent fiscal year payment was $2.48. This works out to be a compound annual growth rate (CAGR) of approximately 4.4% Show less Read more
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