Southern Company announces quarterly dividend

Rhea-AI Summary

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.

AI-generated analysis. Not financial advice.

Positive

• Quarterly dividend of 68 cents per share increases shareholder income.
• Over 70 years of consistent quarterly dividends shows strong financial stability.

Negative

• None.

News Market Reaction – SO

+1.01%

+1.01% News Effect

On the day this news was published, SO gained 1.01%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ATLANTA, Jan. 20, 2023 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 68 cents per share on the company's common stock, payable March 6, 2023, to shareholders of record as of Feb. 21, 2023.

Every quarter, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter for more than 70 consecutive years.

About Southern Company
Southern Company (NYSE: SO) is a leading energy provider serving 9 million residential and commercial customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy infrastructure company with national capabilities, a fiber optics network, and telecommunications services. Through an industry-leading commitment to innovation, resilience, and sustainability, we are taking action to meet our customers' and communities' needs while advancing our commitment to net zero emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, Military Times, DiversityInc, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. To learn more, visit www.southerncompany.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/southern-company-announces-quarterly-dividend-301727103.html

SOURCE Southern Company

FAQ

What is the upcoming dividend payment date for Southern Company (SO)?

The upcoming dividend payment date for Southern Company (SO) is March 6, 2023.

How much is the quarterly dividend for Southern Company (SO)?

The quarterly dividend for Southern Company (SO) is 68 cents per share.

Which date do shareholders need to be on record to receive the dividend from Southern Company (SO)?

Shareholders need to be on record by February 21, 2023, to receive the dividend.

How many consecutive years has Southern Company (SO) paid dividends?

Southern Company (SO) has paid dividends for over 70 consecutive years.