LAS VEGAS, May 3 /PRNewswire-FirstCall/ -- The Board of Directors for
Southwest Gas Corporation (NYSE: SWX) has declared the following third quarter
cash dividend:
Common Stock
Payable September 1, 2006
Of Record August 15, 2006
Dividend $.205 per share
The dividend equates to 82 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 1,737,000
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, resolution of pending litigation, 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 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
Shareholders, Ken Kenny, +1-702-876-7237, both of Southwest Gas
Corporation
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