Southern Co. (SO) Raises Quarterly Dividend 3.3% to $0.5425; 4.9% Yield

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Southern Company raises dividend rate 14th straight year; annualized rate goes to $2.17 per share

April 20, 2015 2:40 PM EDT

ATLANTA, April 20, 2015 /PRNewswire/ -- Southern Company said today it is increasing its dividend by 7 cents per share on an annualized basis to a rate of $2.17 per share.

The increase marks the 14th straight year that Southern Company has raised the dividend on its common stock.

Southern Company also announced today a regular quarterly dividend -- including an... More