LAS VEGAS, July 26 /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, 2005
Of Record August 15, 2005
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 over 1.6 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, 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, Robyn Clayton, +1-702-364-3297, or
Shareholders, Ken Kenny, +1-702-876-7237, both of Southwest Gas
Corporation
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