UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) February 27, 2009
SOUTHWEST
GAS CORPORATION
(Exact
name of registrant as specified in its charter)
|
California
|
1-7850
|
88-0085720
|
|
(State
or other jurisdiction of
|
(Commission
|
(I.R.S.
Employer
|
|
incorporation
or organization)
|
File
Number)
|
Identification
No.)
|
|
5241
Spring Mountain Road
|
||
|
Post
Office Box 98510
|
||
|
Las
Vegas, Nevada
|
89193-8510
|
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant's
telephone number, including area code: (702) 876-7237
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item
8.01 Other
Events.
On
February 27, 2009, Southwest Gas Corporation (the “Company”) announced an
increase in the quarterly common stock dividend from $0.225 per share to $0.2375
per share. The dividend is payable June 1, 2009 to holders of record
as of May 15, 2009. A copy of the Company’s press release is attached
hereto as Exhibit 99.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
SOUTHWEST
GAS CORPORATION
|
|
|
Date:
February 27, 2009
|
|
|
/s/
ROY R. CENTRELLA
|
|
|
Roy
R. Centrella
|
|
|
Vice
President/Controller and
|
|
|
Chief
Accounting Officer
|
EXHIBIT
INDEX
|
Exhibit
|
||
|
No.
|
Description
|
|
|
99
|
Press
Release of dividend increase dated February 27,
2009.
|
February
27, 2009
Media
Contact: Cynthia Messina (702) 876-7132
Shareholder
Contact: Ken Kenny (702) 876-7237
FOR
IMMEDIATE RELEASE
SOUTHWEST
GAS INCREASES THE QUARTERLY COMMON STOCK DIVIDEND
AND
DECLARES SECOND QUARTER 2009 DIVIDEND
LAS
VEGAS, NEV. ─
The Board of Directors for Southwest Gas Corporation
(NYSE: SWX) has increased the quarterly common stock
dividend from $.225 per share to $.2375 per share and has
declared the following second quarter cash dividend:
Common
Stock
Payable June
1, 2009
Of
Record May
15, 2009
Dividend
$.2375
per share
The
dividend equates to 95
cents per share, a five cent or approximately six percent increase, on an
annualized basis. The Company has paid quarterly dividends
continuously since going public in 1956 and has raised its dividend three
consecutive years. The dividend increase reflects the continued
progress Southwest has made in strengthening its cash flows and capital
structure. Chief Executive Officer Jeffrey Shaw noted, “While
economic turmoil at the national level has clouded the forecast for near-term
customer growth, the financial condition of Southwest is solid. In
addition to improved cash flows and capital structure, our financing needs have
decreased and our liquidity remains strong. The
– more
–
Southwest
Gas – Add 1
February
27, 2009
dividend
increase is an important ingredient to facilitate our continued favorable access
to the capital markets to fund ongoing infrastructure needs.”
About
Southwest Gas
Southwest
Gas Corporation provides natural gas service to approximately 1.8 million
customers in Arizona, Nevada, and California. For more information
about Southwest Gas, please visit www.swgas.com.
– end
–