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 26, 2010
SOUTHWEST
GAS CORPORATION
(Exact
name of registrant as specified in its charter)
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California
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1-7850
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88-0085720
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(State
or other jurisdiction of
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(Commission
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(I.R.S.
Employer
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incorporation
or organization)
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File
Number)
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Identification
No.)
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5241
Spring Mountain Road
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Post
Office Box 98510
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Las
Vegas, Nevada
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89193-8510
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(Address
of principal executive offices)
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(Zip
Code)
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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 26, 2010, Southwest Gas Corporation (the “Company”) announced an
increase in the quarterly common stock dividend from $0.2375 per share to $0.25
per share. The dividend is payable June 1, 2010 to holders of record
as of May 17, 2010. 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.
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SOUTHWEST
GAS CORPORATION
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Date:
February 26, 2010
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/s/
ROY R. CENTRELLA
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Roy
R. Centrella
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Vice
President/Controller and
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Chief
Accounting Officer
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EXHIBIT
INDEX
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Exhibit
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No.
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Description
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99
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Press
Release of dividend increase dated February 26, 2010.
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February
26, 2010
Media
Contact: Cynthia Messina (702) 876-7132
Shareholder
Contact: Ken Kenny (702) 876-7117
FOR
IMMEDIATE RELEASE
SOUTHWEST
GAS INCREASES THE QUARTERLY COMMON STOCK DIVIDEND
AND
DECLARES SECOND QUARTER 2010 DIVIDEND
LAS
VEGAS, NEV. – The Board of Directors for Southwest Gas Corporation
(NYSE: SWX) has increased the quarterly common stock
dividend from $.2375 per share to $.25 per share and has
declared the following second quarter cash dividend:
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Common
Stock
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Payable
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June
1, 2010
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Of
Record
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May
17, 2010
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Dividend
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$.25
per share
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The
dividend equates to $1.00 per share, a five cent
or approximately five percent increase, on an annualized basis. The
Company has paid quarterly dividends continuously since going public in 1956,
and has raised its dividend in each of the past four years. Chief
Executive Officer Jeffrey Shaw noted, “Improved cash flows, a decrease in
capital expenditures, and sensible cost controls have all combined to strengthen
our financial position, despite the current economic
downturn. Dividend increases are necessary to facilitate competitive
and reasonable returns for our shareholders.”
– more
–
Southwest
Gas – Add 1
February
26, 2010
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.
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