Southern Co. (SO) Raises Quarterly Dividend 3% to $0.68; 3.6% Yield

Southern Co. (NYSE: SO) declared a quarterly dividend of $0.68 per share, or $2.72 annualized. This is a 3% increase from the prior dividend of $0.66. The dividend will be payable on June 6, 2022, to stockholders of record on May 16, 2022, with an ex-dividend date of May 13, 2022. The annual yield on the dividend is 3.6 percent.

This marks the 21st consecutive year that Southern Company has raised the dividend on its common stock.

"The excellent customer service, performance and resilience of Southern Company's superior energy businesses serves as the foundation for our overall shareholder value proposition that for decades has included dividends and dividend growth," said Southern Company chairman, president and CEO Thomas A. Fanning. "Today's action by the board reinforces our objective to provide regular, predictable, sustainable earnings-per-share and dividend growth supported by premier state-regulated utilities and energy infrastructure under long-term contracts."

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

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