Southern Stock Price, News & Analysis

Southern Company (NYSE: SO) announced a regular quarterly dividend of 68 cents per share, payable on March 6, 2023. Shareholders of record as of February 21, 2023 will receive this payment. The company has consistently paid dividends for over 70 consecutive years, maintaining or increasing the amount each quarter. As a leading energy provider, Southern Company serves 9 million customers across the Southeast, emphasizing a commitment to clean, reliable energy and sustainability, targeting net zero emissions by 2050.

Southern Company (NYSE: SO) will announce its fourth-quarter 2022 earnings on February 16, 2023, at 7:30 a.m. EDT. Following the announcement, CEO Thomas A. Fanning and CFO Daniel S. Tucker will host a conference call for analysts at 1 p.m. EDT to discuss the earnings results. Investors and the public can access a live webcast of the call and a replay will be available for 12 months on their investor relations website. Southern Company serves approximately 9 million customers, providing reliable energy through various subsidiaries and is committed to innovation and low-carbon solutions.

Virginia Natural Gas has launched a new Customer CARE Center in Virginia Beach, creating over a dozen jobs. This initiative aims to enhance customer service by having local representatives handle customer calls, thereby improving overall experience and satisfaction.

In collaboration with community organizations, the center aims to employ military veterans and individuals with disabilities, reflecting the company’s commitment to community support. The center aligns with Virginia Natural Gas's strategy to evolve its customer service operations, reinforcing its dedication to meeting customer needs effectively.

Alabama Power Company has appointed Jeff Peoples as its new CEO and chairman of the board, effective immediately, succeeding Mark Crosswhite who retired. Peoples, who has been with the company since 1984, previously served as executive vice president overseeing customer services and labor relations. His extensive experience includes various roles at Southern Company Gas. Alabama Power, a subsidiary of Southern Company (NYSE:SO), serves 1.5 million customers across Alabama, emphasizing its commitment to reliable and affordable electricity.

On January 5, 2023, Southern Company's Board of Directors appointed Chris Womack as president and CEO, effective March 31, 2023, succeeding Thomas A. Fanning, who will become Executive Chairman. Womack has a solid background within the company, including roles as president of Georgia Power. The Board also announced several other executive appointments to enhance leadership continuity and operational focus, reflecting a strategic succession plan to adapt to an evolving energy landscape. This change aims to strengthen Southern Company's commitment to clean and reliable energy solutions.

Southern Company, in partnership with PROPEL, Disney, and the HBCU Week Foundation, has awarded a $50,000 scholarship to Somalia Gilliard from Atlanta. This marks the second scholarship given as part of a $100,000 initiative announced in October. Gilliard, a senior with a 3.9 GPA, plans to study chemistry at either Alabama State University or Florida A&M University, aspiring to develop an organic beauty product line. The scholarship aims to alleviate financial burdens for HBCU students, with payments made in annual installments.

Virginia Natural Gas (VNG) has awarded a $750,000 grant to the Salvation Army to assist vulnerable customers with energy bills this winter. This is the largest single grant in the company's history, aimed at funding the EnergyShare program, which provides financial aid to those in need. The donation reflects VNG's commitment to community support during challenging times. In 2021, about 120 families received assistance through this program, with that number rising to 150 in 2022. The company emphasizes its partnership with the Salvation Army in helping local families.