SO Dividend Dates 2023 ❤️

Company Description

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity.

It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations.

In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers.

The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services.

The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

The Southern Company is based in United States. The Southern Company has 27,027 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent SO dividend details are as follows:
The dividend will be payable on JUN 06, 2023, to stockholders of record on MAY 15, 2023, with an ex-dividend date of MAY 12, 2023. This dividend is $0.700.
This is a 2.94% increase from the prior dividend of $0.680.

Based on our analysis, from JAN 31, 2013, SO pays dividend 43 times.
Total dividend paid so far is $25.38. Average dividend is $0.59.
Maximum dividend is $0.70 while minimum dividend is $0.49.

Dividend Forecast

According to recent data, over last 10 years, SO pays dividend consistently 43 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
SO 75,940 $0.700
NCMI 76 $0.030
GLOB 7,570 $0.000
DVA 7,590 $0.000
THCA 76 $0.000
BSGA 76 $0.000
BOLT 76 $0.000
CINC 758 $0.000

As can be seen from the comparison table above, SO ranks number one in this group of eight stocks with the latest dividend of $0.700.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
12/05/2023 $0.7 06/06/2023 15/05/2023
17/02/2023 $0.68 06/03/2023 21/02/2023
18/11/2022 $0.68 06/12/2022 21/11/2022
12/08/2022 $0.68 06/09/2022 15/08/2022
13/05/2022 $0.68 06/06/2022 16/05/2022
18/02/2022 $0.66 07/03/2022 22/02/2022
12/11/2021 $0.66 06/12/2021 15/11/2021
13/08/2021 $0.66 07/09/2021 16/08/2021
14/05/2021 $0.66 07/06/2021 17/05/2021
12/02/2021 $0.64 08/03/2021 16/02/2021
13/11/2020 $0.64 07/12/2020 16/11/2020
14/08/2020 $0.64 08/09/2020 17/08/2020
15/05/2020 $0.64 08/06/2020 18/05/2020
14/02/2020 $0.62 06/03/2020 18/02/2020
15/11/2019 $0.62 06/12/2019 18/11/2019
16/08/2019 $0.62 06/09/2019 19/08/2019
17/05/2019 $0.62 06/06/2019 20/05/2019
15/02/2019 $0.6 06/03/2019 19/02/2019
16/11/2018 $0.6 06/12/2018 19/11/2018
17/08/2018 $0.6 06/09/2018 20/08/2018
18/05/2018 $0.6 06/06/2018 21/05/2018
16/02/2018 $0.58 06/03/2018 20/02/2018
17/11/2017 $0.58 06/12/2017 20/11/2017
17/08/2017 $0.58 06/09/2017 21/08/2017
11/05/2017 $0.58 06/06/2017 15/05/2017

SO Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you SO dividend growth over the years.