LAS VEGAS, May 2 /PRNewswire-FirstCall/ -- The Board of Directors for
Southwest Gas Corporation (NYSE: SWX) has declared the following third quarter
cash dividend:
Common Stock
Payable September 4, 2007
Of Record August 15, 2007
Dividend $.215 per share
The dividend equates to 86 cents per share on an annualized basis. The
Company has paid quarterly dividends continuously since going public in
1956.
About Southwest Gas
Southwest Gas Corporation provides natural gas service to approximately
1.8 million customers in Arizona, Nevada, and California. Its service
territories are centered in the fastest-growing region of the country. For
more information about Southwest Gas, please visit http://www.swgas.com
This press release may contain statements which constitute "forward-
looking statements" within the meaning of the Securities Litigation Reform
Act of 1995 (Reform Act). All such forward-looking statements are intended
to be subject to the safe harbor protection provided by the Reform Act. A
number of important factors affecting the business and financial results of
the Company could cause actual results to differ materially from those
stated in the forward-looking statements. These factors include, but are
not limited to, the impact of weather variations on customer usage,
customer growth rates, changes in natural gas prices, the ability to
recover costs through the PGA mechanism, the effects of
regulation/deregulation, the timing and amount of rate relief, changes in
rate design, changes in gas procurement practices, changes in capital
requirements and funding, the impact of conditions in the capital markets
on financing costs, changes in construction expenditures and financing,
changes in operations and maintenance expenses, future liability claims,
changes in pipeline capacity for the transportation of gas and related
costs, acquisitions and management's plans related thereto, competition,
and the ability to raise capital in external financings. In addition, the
Company can provide no assurance that its discussions regarding certain
trends relating to its financing, operations, and maintenance expenses will
continue in future periods.
SOURCE Southwest Gas Corporation
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Related links:
http://www.swgas.com/
CONTACT:
Media, Cynthia Messina, +1-702-876-7132, or
Shareholder Contact, Ken Kenny, +1-702-876-7237, both of
Southwest Gas Corporation
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