Southwest Gas Corporation ( SWX ) will begin trading ex-dividend on May 12, 2016. A cash dividend payment of $0.45 per share is scheduled to be paid on June 01, 2016. Shareholders who purchased SWX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the prior quarter. At the current stock price of $68.12, the dividend yield is 2.64%.
The previous trading day's last sale of SWX was $68.12, representing a -0.23% decrease from the 52 week high of $68.28 and a 34.81% increase over the 52 week low of $50.53.
SWX is a part of the Public Utilities sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). SWX's current earnings per share, an indicator of a company's profitability, is $2.96. Zacks Investment Research reports SWX's forecasted earnings growth in 2016 as 7.88%, compared to an industry average of 6.6%.
Interested in gaining exposure to SWX through an Exchange Traded Fund [ETF]?
The following ETF(s) have SWX as a top-10 holding:
- PowerShares S&P SmallCap Utilities Portfolio ( PSCU )
- Victory CEMP US Small Cap High Div Volatility Wtd Index ETF ( CSB )
- iShares S&P SmallCap 600 Value ETF ( IJS )
- SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV )
- PowerShares S&P SmallCap Low Volatility Portfolio ( XSLV ).
The top-performing ETF of this group is PSCU with an increase of 13.29% over the last 100 days. It also has the highest percent weighting of SWX at 8.88%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.