With its yield being higher than that of most of its peers, and with its dividend track record better than average, Southern Company is an above-average income choice among utilities, I believe.
In this post
Is Southern Company a good long term investment?
Valuation metrics show that Southern Company The may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of SO, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C.
How often does Southern Co pay dividends?
every 3 months
Southern’s dividend payment frequency is every 3 months or 4 times per year.
What months does Southern Company pay dividends?
Historical Dividend Information
| Declaration | Ex-dividend | Payable |
|---|---|---|
| YTD dividends paid in 2020: | ||
| 21-Oct-19 | 15-Nov-19 | 6-Dec-19 |
| 15-Jul-19 | 16-Aug-19 | 6-Sep-19 |
| 15-Apr-19 | 17-May-19 | 6-Jun-19 |
What is the yield for the Southern Company?
SO Dividend Yield Grade
| SO | SO 5Y Avg. | |
|---|---|---|
| Dividend Yield (TTM) | 3.62% | 4.43% |
| Dividend Yield (FWD) | 3.70% | 4.48% |
| 1 Year Yield on Cost | 4.17% | 4.69% |
| 3 Year Yield on Cost | 4.77% | 5.18% |
Why is Southern Company stock going down?
Southern reported a 7.9% decline in revenue for the fourth quarter. Part of the decline was due to dispositions, including that of Gulf Power, a company Southern sold off to NextEra Energy in January 2019; the sales from that were included in Q4 2018 numbers.
Is Southern Company a good company?
ATLANTA, Feb. 14, 2022 /PRNewswire/ — Southern Company has been named the No. 2 Best Large Employer in America in Forbes magazine’s 2022 rankings. Of the 500 large employers ranked, Southern Company was No.
What months are dividends paid?
SO Dividend History
| Ex/EFF DATE | TYPE | PAYMENT DATE |
|---|---|---|
| 08/16/2019 | CASH | 09/06/2019 |
| 05/17/2019 | CASH | 06/06/2019 |
| 02/15/2019 | CASH | 03/06/2019 |
| 11/16/2018 | CASH | 12/06/2018 |
Did Southern Company pay dividends in 2020?
Southern Company (SO) Hikes Dividend for 21st Straight Year.
Who is the transfer agent for Southern Company?
Equiniti Trust Company
Transfer Agent Contact Information
EQ (Equiniti Trust Company), formerly known as Wells Fargo Shareowner Services, is Southern Company’s transfer agent, dividend-paying agent, investment plan administrator and registrar.
Is there a record of consistent growth in dividends paid each quarter for Apple?
During the first quarter of 2022, Apple paid a $0.22 per share dividend—this was a 7% increase from the $0.205 per share dividend paid in the first quarter of 2021. Apple’s quarterly dividend has grown by an annualized rate of 9.1% from the second quarter of 2016 to the first quarter of 2022.
When was the last time Southern Company stock split?
Stock splits
| Date | Split Ratio |
|---|---|
| 2001-04-03 | 1.637 |
| 1994-03-01 | 2 |
Is SO a buy or sell?
Out of 13 analysts, 3 (23.08%) are recommending SO as a Strong Buy, 0 (0%) are recommending SO as a Buy, 8 (61.54%) are recommending SO as a Hold, 1 (7.69%) are recommending SO as a Sell, and 1 (7.69%) are recommending SO as a Strong Sell.
Why did Southern Company sell Gulf Power?
On May 21st, Southern Company decided to part ways with its almost 100- year-old subsidiary, Gulf Power, due in large part to failed bets the company made on its scuttled Kemper coal plant and budget-busting Vogtle nuclear plant.
Is Southern Energy a buy?
Southern Energy has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
How many employees does Southern Company have?
29,000
Southern Company
| Type | Public |
|---|---|
| Net income | US$2.23 billion (2018) |
| Total assets | US$116.9 billion (2018) |
| Total equity | US$29.04 billion (2018) |
| Number of employees | 29,000 (2018) |
Which are the highest dividend-paying stocks?
9 highest dividend-paying stocks in the S&P 500:
- Altria Group Inc. (MO)
- Pioneer Natural Resources Co. (PXD)
- Vornado Realty Trust (VNO)
- Simon Property Group Inc. (SPG)
- Oneok Inc. (OKE)
- Devon Energy Corp. (DVN)
- Kinder Morgan Inc. (KMI)
- AT&T Inc. (T)
How do you live off dividends?
So what does it mean to live off your dividends? If you invest in dividend-paying stocks, mutual funds, or ETFs, which provide distributions of stocks or cash to shareholders, over time, the cash generated by those dividend payments can supplement your income when you retire.
How long do I have to own stock to get the dividend?
Briefly, in order to be eligible for payment of stock dividends, you must buy the stock (or already own it) at least two days before the date of record and still own the shares at the close of trading one business day before the ex-date.
No action is required. Visit shareowneronline.com for details. We are pleased to inform you that the Wells Fargo Shareowner Services division of Wells Fargo Bank, N.A., has been acquired by Equiniti Group plc. We continue to keep our shareowners at the heart of everything we do.
Can I buy Southern Company stock Direct?
The Southern Company (“Southern Company” or “Company”) is pleased to offer the Southern Investment Plan (“Plan”), a direct stock purchase plan designed to provide investors with a convenient method to purchase shares of Southern Company common stock and reinvest cash dividends in the purchase of additional shares.