Dividend History

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DeclaredAmountRecordPayable
05/03/17$0.495008/15/1709/01/17
02/23/17$0.495005/15/1706/01/17
11/15/16$0.450002/15/1703/01/17
09/28/16$0.450011/15/1612/01/16
05/04/16$0.450008/15/1609/01/16
02/23/16$0.450005/16/1606/01/16
11/13/15$0.405002/16/1603/01/16
09/29/15$0.405011/16/1512/01/15
05/06/15$0.405008/17/1509/01/15
02/25/15$0.405005/15/1506/01/15
11/14/14$0.365002/17/1503/02/15
09/16/14$0.365011/17/1412/01/14
05/07/14$0.365008/15/1409/02/14
02/27/14$0.365005/15/1406/02/14
11/15/13$0.330002/18/1403/03/14
09/17/13$0.330011/15/1312/02/13
05/08/13$0.330008/15/1309/03/13
02/27/13$0.330005/15/1306/03/13
11/09/12$0.295002/15/1303/01/13
09/18/12$0.295011/15/1212/03/12
05/09/12$0.295008/15/1209/04/12
02/27/12$0.295005/15/1206/01/12
11/15/11$0.265002/15/1203/01/12
09/20/11$0.265011/15/1112/01/11
05/04/11$0.265008/15/1109/01/11
02/24/11$0.265005/16/1106/01/11
11/16/10$0.250002/15/1103/01/11
09/14/10$0.250011/15/1012/01/10
05/05/10$0.250008/16/1009/01/10
02/26/10$0.250005/17/1006/01/10
11/17/09$0.237502/16/1003/01/10
09/14/09$0.237511/16/0912/01/09
05/06/09$0.237508/17/0909/01/09
02/27/09$0.237505/15/0906/01/09
11/14/08$0.225002/16/0903/02/09
09/16/08$0.225011/17/0812/01/08
05/07/08$0.225008/15/0809/02/08
02/28/08$0.225005/15/0806/02/08
11/14/07$0.215002/15/0803/03/08
09/18/07$0.215011/15/0712/03/07
In reviewing dividend policy, the Southwest Gas Holding’s Board of Directors considers the adequacy and sustainability of the earnings and cash flows of its subsidiaries; the strength of their capital structures; the sustainability of the dividend through all business cycles; and whether the dividend is within a normal payout range for its respective businesses. The timing and amount of any future increases will be based upon the Board’s review of the dividend rate in the context of the performance of the operating companies and their future growth prospects.