<p><strong>西南燃氣控股公司</strong>（NYSE:SWX）董事會宣佈將於 12 月 1 日支付股息，投資者每股將獲得 0.62 美元。包括此次支付在內，該股票的股息收益率將達到 3.2%，這對股東的回報是一個適度的提升。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<h2>西南燃氣控股公司的未來股息預測似乎得到了盈利的良好支持</h2>
<p>如果在較長時間內可預測，即使是低股息收益率也可能具有吸引力。在此次公告之前，西南燃氣控股公司的股息佔據了盈利的很大比例，更令人擔憂的是，它佔現金流的比例高達 1269%。這無疑是一個風險因素，因為現金流減少可能迫使公司支付更低的股息。</p>
<p>在接下來的一年中，預計每股收益將增長 108.9%。如果股息繼續沿着近期的趨勢發展，我們估計支付比率將為 46%，這將使我們對股息的可持續性感到放心，儘管目前的水平相當高。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/304227-historic-dividend-1-dark-2/1758459698223?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/304227-historic-dividend-1-dark-2/1758459698223"/></p>
<p>NYSE:SWX 歷史股息 2025 年 9 月 21 日</p>
<p>查看我們對西南燃氣控股公司的最新分析</p>
<h2>西南燃氣控股公司有着良好的業績記錄</h2>
<p>該公司在支付股息方面保持了持續的記錄，波動很小。在過去 10 年中，2015 年的年度支付為 1.46 美元，最近一個財年的支付為 2.48 美元。這相當於在此期間的年複合增長率（CAGR）約為 5.4%。如果能夠維持良好的增長率，這樣的公司在長期內可能非常有價值。</p>
<h2>股息增長可能難以實現</h2>
<p>過去幾年持有該公司股票的投資者會對他們所獲得的股息收入感到滿意。不幸的是，情況並不像看起來那麼好。在過去五年中，西南燃氣控股公司的每股收益似乎每年下降約 6.5%。如果盈利繼續下降，公司可能不得不做出減少股息甚至完全停止支付股息的艱難選擇——這與股息增長正好相反。預計未來 12 個月盈利將增長，如果發生這種情況，我們可能仍會保持一些謹慎，直到這成為一種模式。</p>
<h2>西南燃氣控股公司的股息看起來不可持續</h2>
<p>總體而言，看到穩定的股息支付是令人欣慰的，但我們認為從長遠來看，目前的支付水平可能不可持續。我們不能否認支付非常穩定，但我們對非常高的支付比率感到有些擔憂。我們可能會考慮其他收入投資。</p>
<p>值得注意的是，擁有一致股息政策的公司將比那些不穩定的公司產生更大的投資者信心。同時，儘管股息支付很重要，但在評估一家公司時，讀者還應瞭解其他因素。舉個例子，我們發現了 <strong>西南燃氣控股公司的 3 個警告信號</strong>，其中 2 個是不能忽視的。如果您是股息投資者，您可能還想查看我們 <strong>精心挑選的高收益股息股票列表。</strong></p>

<p>南方燃氣控股公司（NYSE:SWX）宣佈每股派息 0.62 美元，將於 12 月 1 日支付，收益率為 3.2%。儘管該公司在派息方面有良好的記錄，但由於派息比率較高，且之前的派息超過了現金流，令人擔憂。預計未來一年每股收益（EPS）將增長 108.9%，這可能使派息比率穩定在 46%。然而，過去每股收益的下降引發了對未來派息可持續性的擔憂。投資者在評估該公司的派息可靠性時，建議考慮這些因素</p>

<p>The board of <strong>Southwest Gas Holdings, Inc.</strong> (NYSE:SWX) has announced that it will pay a dividend on the 1st of December, with investors receiving $0.62 per share. Including this payment, the dividend yield on the stock will be 3.2%, which is a modest boost for shareholders' returns.</p>
<div class="lb-trans"><p><strong>西南燃氣控股公司</strong>（NYSE:SWX）董事會宣佈將於 12 月 1 日支付股息，投資者每股將獲得 0.62 美元。包括此次支付在內，該股票的股息收益率將達到 3.2%，這對股東的回報是一個適度的提升。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><h2>Southwest Gas Holdings' Future Dividend Projections Appear Well Covered By Earnings</h2>
<div class="lb-trans"><h2>西南燃氣控股公司的未來股息預測似乎得到了盈利的良好支持</h2>
</div><p>If it is predictable over a long period, even low dividend yields can be attractive. Prior to this announcement, Southwest Gas Holdings' dividend was making up a very large proportion of earnings and perhaps more concerning was that it was 1,269% of cash flows. This is certainly a risk factor, as reduced cash flows could force the company to pay a lower dividend.</p>
<div class="lb-trans"><p>如果在較長時間內可預測，即使是低股息收益率也可能具有吸引力。在此次公告之前，西南燃氣控股公司的股息佔據了盈利的很大比例，更令人擔憂的是，它佔現金流的比例高達 1269%。這無疑是一個風險因素，因為現金流減少可能迫使公司支付更低的股息。</p>
</div><p>Over the next year, EPS is forecast to expand by 108.9%. If the dividend continues along recent trends, we estimate the payout ratio will be 46%, which would make us comfortable with the sustainability of the dividend, despite the levels currently being quite high.</p>
<div class="lb-trans"><p>在接下來的一年中，預計每股收益將增長 108.9%。如果股息繼續沿着近期的趨勢發展，我們估計支付比率將為 46%，這將使我們對股息的可持續性感到放心，儘管目前的水平相當高。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/304227-historic-dividend-1-dark-2/1758459698223" alt="" original-src="https://images.simplywall.st/asset/chart/304227-historic-dividend-1-dark-2/1758459698223"/></p>
<p>NYSE:SWX Historic Dividend September 21st 2025</p>
<div class="lb-trans"><p>NYSE:SWX 歷史股息 2025 年 9 月 21 日</p>
</div><p>See our latest analysis for Southwest Gas Holdings</p>
<div class="lb-trans"><p>查看我們對西南燃氣控股公司的最新分析</p>
</div><h2>Southwest Gas Holdings Has A Solid Track Record</h2>
<div class="lb-trans"><h2>西南燃氣控股公司有着良好的業績記錄</h2>
</div><p>The company has a sustained record of paying dividends with very little fluctuation. The annual payment during the last 10 years was $1.46 in 2015, and the most recent fiscal year payment was $2.48. This works out to be a compound annual growth rate (CAGR) of approximately 5.4% a year over that time. Companies like this can be very valuable over the long term, if the decent rate of growth can be maintained.</p>
<div class="lb-trans"><p>該公司在支付股息方面保持了持續的記錄，波動很小。在過去 10 年中，2015 年的年度支付為 1.46 美元，最近一個財年的支付為 2.48 美元。這相當於在此期間的年複合增長率（CAGR）約為 5.4%。如果能夠維持良好的增長率，這樣的公司在長期內可能非常有價值。</p>
</div><h2>Dividend Growth May Be Hard To Come By</h2>
<div class="lb-trans"><h2>股息增長可能難以實現</h2>
</div><p>Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. Unfortunately things aren't as good as they seem. Over the past five years, it looks as though Southwest Gas Holdings' EPS has declined at around 6.5% a year. If earnings continue declining, the company may have to make the difficult choice of reducing the dividend or even stopping it completely - the opposite of dividend growth. Earnings are forecast to grow over the next 12 months and if that happens we could still be a little bit cautious until it becomes a pattern.</p>
<div class="lb-trans"><p>過去幾年持有該公司股票的投資者會對他們所獲得的股息收入感到滿意。不幸的是，情況並不像看起來那麼好。在過去五年中，西南燃氣控股公司的每股收益似乎每年下降約 6.5%。如果盈利繼續下降，公司可能不得不做出減少股息甚至完全停止支付股息的艱難選擇——這與股息增長正好相反。預計未來 12 個月盈利將增長，如果發生這種情況，我們可能仍會保持一些謹慎，直到這成為一種模式。</p>
</div><h2>Southwest Gas Holdings' Dividend Doesn't Look Sustainable</h2>
<div class="lb-trans"><h2>西南燃氣控股公司的股息看起來不可持續</h2>
</div><p>Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. We can't deny that the payments have been very stable, but we are a little bit worried about the very high payout ratio. We would probably look elsewhere for an income investment.</p>
<div class="lb-trans"><p>總體而言，看到穩定的股息支付是令人欣慰的，但我們認為從長遠來看，目前的支付水平可能不可持續。我們不能否認支付非常穩定，但我們對非常高的支付比率感到有些擔憂。我們可能會考慮其他收入投資。</p>
</div><p>It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Just as an example, we've come across <strong>3 warning signs for Southwest Gas Holdings</strong> you should be aware of, and 2 of them can't be ignored. If you are a dividend investor, you might also want to look at our <strong>curated list of high yield dividend stocks.</strong></p>
<div class="lb-trans"><p>值得注意的是，擁有一致股息政策的公司將比那些不穩定的公司產生更大的投資者信心。同時，儘管股息支付很重要，但在評估一家公司時，讀者還應瞭解其他因素。舉個例子，我們發現了 <strong>西南燃氣控股公司的 3 個警告信號</strong>，其中 2 個是不能忽視的。如果您是股息投資者，您可能還想查看我們 <strong>精心挑選的高收益股息股票列表。</strong></p>
</div>

Southwest Gas Holdings（NYSE:SWX）宣佈派發每股 0.62 美元的股息