Southern Stock Price, News & Analysis

Georgia Power is preparing for severe winter weather in North and Central Georgia, including high winds, freezing rain, and snow. With potential service interruptions expected, the company encourages customers to stay informed and safe by visiting GeorgiaPower.com/WinterPrep. Tips include building an emergency kit, paying attention to weather alerts, and avoiding downed power lines. Georgia Power's Outage Alert service and mobile app provide real-time updates and resources for customers. The company aims to deliver reliable energy and excellent customer service during challenging weather conditions.

Southern Company announced a quarterly dividend of 66 cents per share, payable on Mar. 7, 2022, to shareholders of record by Feb. 22, 2022. This marks over 70 years of consistent dividend payments, maintaining or increasing dividends each quarter. Southern Company serves 9 million customers and has a diverse energy portfolio including nuclear, natural gas, renewables, and energy efficiency solutions.

Southern Company will release its fourth quarter 2021 earnings on Feb. 17, 2022, at 7:30 a.m. EST. The company's CEO Thomas A. Fanning and CFO Daniel S. Tucker will discuss the results in a conference call set for 1 p.m. EST on the same day. Interested parties can access the live webcast and replays through the company's investor relations website. Southern Company serves 9 million customers across several states and is committed to clean and reliable energy solutions, continually recognized for its customer service and innovation.

BIRMINGHAM, Ala., Jan. 12, 2022 /PRNewswire/ -- Alabama Power Company announced quarterly dividends for its preferred stocks. The dividends include:

• 4.20% - $1.05 per share
• 4.52% - $1.13 per share
• 4.60% - $1.15 per share
• 4.64% - $1.16 per share
• 4.72% - $1.18 per share
• 4.92% - $1.23 per share
• Class A Preferred Stock: 5.00% - $.3125 per share

The dividends are for the quarter ending March 31, 2022, payable on April 1, 2022, to shareholders of record on March 17, 2022.

Southern Company received an A- score from the CDP for environmental transparency, maintaining its position for the second consecutive year, up from a B in 2019. The company aims for net zero greenhouse gas emissions by 2050 and a 50% reduction by 2030, expecting to exceed this goal by achieving over 50% reductions by 2025. CDP's assessment highlights Southern Company's commitment to sustainability and transparency.

Georgia Power and Microsoft announced over $200,000 funding for Clark Atlanta University's Makerspace and Advanced Manufacturing Lab. This initiative allows students to develop a solar-powered generator aimed at providing backup energy for their campus while enhancing skills in renewable energy. The funding also explores solar capabilities for Wi-Fi access and supports local communities. Bentina Terry from Georgia Power emphasized commitment to workforce development, while Microsoft highlighted its focus on sustainable community empowerment.

Georgia Power Foundation has announced $500,000 in grants over five years to support UNCF initiatives for HBCUs. This funding aims to enhance access to college education for under-represented students and increase African American college graduates. Over the past decade, Georgia Power has contributed $1.2 million to UNCF, including a recent $10 million commitment by Southern Company for HBCU student incentives. Additionally, Georgia Power is investing $87 million for racial equity and social justice initiatives in Georgia as part of a broader $225 million commitment by Southern Company.

Southern Company Gas announced the election of Bret Lane, former chairman and CEO of SoCalGas, to its board of directors, effective Q4 2021. Lane brings over 38 years of experience in the gas utility sector. His previous role included overseeing a $1.5 billion capital deployment for enhancing safety and reliability at SoCalGas. The company, a subsidiary of Southern Company (NYSE:SO), serves approximately 4.3 million natural gas utility customers across four states, alongside other nonutility interests.

Georgia Power and Microsoft announced a joint investment exceeding $200,000 to enhance Clark Atlanta University's Makerspace and Advanced Manufacturing Lab. This initiative aims to equip students with skills in renewable energy, focusing on building a solar-powered generator to serve as a backup energy source for the campus. Additionally, the program will provide students with opportunities to innovate in solar technology, including Wi-Fi access and 5G infrastructure. Georgia Power's commitment to social justice includes a broader investment of $87 million in initiatives to advance racial equity in Georgia.