Southern Company (The) (SO) To Go Ex-Dividend on February 17th

Southern Company (The) (NYSE:SO) announced a quarterly dividend on Wednesday, January 28th. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.74 per share by the utilities provider on Friday, March 6th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 17th.

Southern has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 25 consecutive years. Southern has a dividend payout ratio of 64.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Southern to earn $4.59 per share next year, which means the company should continue to be able to cover its $2.96 annual dividend with an expected future payout ratio of 64.5%.

Southern Trading Up 2.6%

Shares of NYSE:SO opened at $94.93 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.75 and a debt-to-equity ratio of 1.69. Southern has a 52-week low of $83.09 and a 52-week high of $100.83. The stock has a market cap of $104.53 billion, a price-to-earnings ratio of 23.50, a PEG ratio of 2.87 and a beta of 0.45. The business has a 50-day moving average price of $87.90 and a 200-day moving average price of $91.36.

About Southern

Southern Company (NYSE: SO) is an Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States. Founded in 1945, the company operates a portfolio of regulated electric utilities and affiliated businesses that generate, transmit and distribute electricity to residential, commercial and industrial customers.

Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.