Georgia Power Co. engages in the generation, transmission, distribution, and purchase of electricity. It maintains a diverse generation mix that includes nuclear, coal and natural gas, and renewable such as solar, hydroelectric, and wind. The company was founded in 1883 and is headquartered in Atlanta, GA.
Georgia Power Dividend Announcement
• Georgia Power announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-31
• Georgia Power annual dividend for 2024 was $1.25
• Georgia Power annual dividend for 2023 was $1.25
• Georgia Power's trailing twelve-month (TTM) dividend yield is 5.59%
• Georgia Power's payout ratio for the trailing twelve months (TTM) is 67.77%
• Georgia Power's dividend growth over the last five years (2018-2023) was 31.91% year
Georgia Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.31 | quarterly | 2025-01-02 |
2024-09-30 | $0.31 | quarterly | 2024-10-01 |
2024-06-28 | $0.31 | quarterly | 2024-07-01 |
2024-03-27 | $0.31 | quarterly | 2024-04-01 |
2023-12-28 | $0.31 | quarterly | 2024-01-02 |
2023-09-28 | $0.31 | quarterly | 2023-10-02 |
2023-06-29 | $0.31 | quarterly | 2023-07-01 |
2023-03-30 | $0.31 | quarterly | 2023-04-01 |
2022-12-29 | $0.31 | quarterly | 2023-01-01 |
2022-09-29 | $0.31 | quarterly | 2022-10-01 |
2022-06-29 | $0.31 | quarterly | 2022-07-01 |
2022-03-30 | $0.32 | quarterly | 2022-04-01 |
2021-12-30 | $0.32 | quarterly | 2022-01-01 |
2021-09-29 | $0.31 | quarterly | 2021-10-01 |
2021-06-29 | $0.31 | quarterly | 2021-07-01 |
2021-03-30 | $0.32 | quarterly | 2021-04-01 |
2020-12-30 | $0.32 | quarterly | 2021-01-01 |
2020-09-29 | $0.31 | quarterly | 2020-10-01 |
2020-06-29 | $0.31 | quarterly | 2020-07-01 |
2020-03-30 | $0.31 | quarterly | 2020-04-01 |
2019-12-30 | $0.31 | quarterly | 2020-01-01 |
2019-09-27 | $0.31 | quarterly | 2019-10-01 |
2019-06-27 | $0.31 | quarterly | 2019-07-01 |
2019-03-28 | $0.31 | quarterly | 2019-04-01 |
2018-12-28 | $0.31 | quarterly | 2019-01-01 |
Georgia Power Dividend per year
Georgia Power Dividend growth
Georgia Power Dividend Yield
Georgia Power current trailing twelve-month (TTM) dividend yield is 5.59%. Interested in purchasing Georgia Power stock? Use our calculator to estimate your expected dividend yield:
Georgia Power Financial Ratios
Georgia Power Dividend FAQ
Other factors to consider when evaluating Georgia Power as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Georgia Power's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Georgia Power publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Georgia Power distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Georgia Power are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Georgia Power sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Georgia Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Georgia Power declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Georgia Power's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Georgia Power's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.