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

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

Southern Company increases dividend for 17th consecutive year; annualized rate goes to $2.40 per share

April 16, 2018 4:20 PM EDT

ATLANTA, April 16, 2018 /PRNewswire/ -- Southern Company announced today it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.40 per share.

This marks the 17th consecutive year that Southern Company has raised the dividend on its common stock.

Southern Company also announced today a regular quarterly dividend including the increase of 2 cents per share... More