Southern Co. (SO) Raises Quarterly Dividend 3.4% to $0.60; 5.3% Yield

Southern Co. (NYSE: SO) declared a quarterly dividend of $0.60 per share, or $2.4 annualized. This is a 3.4% increase from the prior dividend of $0.58.

The dividend will be payable on June 6, 2018, to stockholders of record on May 21, 2018, with an ex-dividend date of May 18, 2018.

The annual yield on the dividend is 5.3 percent.

"Southern Company has an outstanding 70-year track record of dividends and dividend growth," said Southern Company Chairman, President and CEO Thomas A. Fanning. "Today's action by the board speaks to the long-term strength of our business."

For a dividend history and other dividend-related data on Southern Co. (SO) click here.

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