Common Stock ------------ Payable June 1, 2010 Of Record May 17, 2010 Dividend $.25 per shareThe dividend equates to $1.00 per share, a five cent or approximately five percent increase, on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956, and has raised its dividend in each of the past four years. Chief Executive Officer Jeffrey Shaw noted, "Improved cash flows, a decrease in capital expenditures, and sensible cost controls have all combined to strengthen our financial position, despite the current economic downturn. Dividend increases are necessary to facilitate competitive and reasonable returns for our shareholders."
Southwest Gas Increases The Quarterly Common Stock Dividend And Declares Second Quarter 2010 Dividend
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