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.
Southern Dividend Announcement
• Southern announced a quarterly dividend of $0.72 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-18
• Southern annual dividend for 2024 was $2.86
• Southern annual dividend for 2023 was $2.78
• Southern's trailing twelve-month (TTM) dividend yield is 3.27%
• Southern's payout ratio for the trailing twelve months (TTM) is 63.19%
• Southern's dividend growth over the last five years (2018-2023) was 3.16% year
• Southern's dividend growth over the last ten years (2013-2023) was 3.28% year
Southern Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $0.72 | quarterly | 2024-12-06 |
2024-08-19 | $0.72 | quarterly | 2024-09-06 |
2024-05-17 | $0.72 | quarterly | 2024-06-06 |
2024-02-16 | $0.70 | quarterly | 2024-03-06 |
2023-11-17 | $0.70 | quarterly | 2023-12-06 |
2023-08-18 | $0.70 | quarterly | 2023-09-06 |
2023-05-12 | $0.70 | quarterly | 2023-06-06 |
2023-02-17 | $0.68 | quarterly | 2023-03-06 |
2022-11-18 | $0.68 | quarterly | 2022-12-06 |
2022-08-12 | $0.68 | quarterly | 2022-09-06 |
2022-05-13 | $0.68 | quarterly | 2022-06-06 |
2022-02-18 | $0.66 | quarterly | 2022-03-07 |
2021-11-12 | $0.66 | quarterly | 2021-12-06 |
2021-08-13 | $0.66 | quarterly | 2021-09-07 |
2021-05-14 | $0.66 | quarterly | 2021-06-07 |
2021-02-12 | $0.64 | quarterly | 2021-03-08 |
2020-11-13 | $0.64 | quarterly | 2020-12-07 |
2020-08-14 | $0.64 | quarterly | 2020-09-08 |
2020-05-15 | $0.64 | quarterly | 2020-06-08 |
2020-02-14 | $0.62 | quarterly | 2020-03-06 |
2019-11-15 | $0.62 | quarterly | 2019-12-06 |
2019-08-16 | $0.62 | quarterly | 2019-09-06 |
2019-05-17 | $0.62 | quarterly | 2019-06-06 |
2019-02-15 | $0.60 | quarterly | 2019-03-06 |
2018-11-16 | $0.60 | quarterly | 2018-12-06 |
2018-08-17 | $0.60 | quarterly | 2018-09-06 |
2018-05-18 | $0.60 | quarterly | 2018-06-06 |
2018-02-16 | $0.58 | quarterly | 2018-03-06 |
2017-11-17 | $0.58 | quarterly | 2017-12-06 |
2017-08-17 | $0.58 | quarterly | 2017-09-06 |
2017-05-11 | $0.58 | quarterly | 2017-06-06 |
2017-02-16 | $0.56 | quarterly | 2017-03-06 |
2016-11-17 | $0.56 | quarterly | 2016-12-06 |
2016-08-11 | $0.56 | quarterly | 2016-09-06 |
2016-05-12 | $0.56 | quarterly | 2016-06-06 |
2016-02-11 | $0.54 | quarterly | 2016-03-07 |
2015-11-12 | $0.54 | quarterly | 2015-12-04 |
2015-08-13 | $0.54 | quarterly | 2015-09-05 |
2015-05-14 | $0.54 | quarterly | 2015-06-06 |
2015-02-12 | $0.53 | quarterly | 2015-03-06 |
2014-10-30 | $0.53 | quarterly | 2014-12-06 |
2014-07-31 | $0.53 | quarterly | 2014-09-06 |
2014-05-01 | $0.53 | quarterly | 2014-06-06 |
2014-01-30 | $0.51 | quarterly | 2014-03-06 |
2013-10-31 | $0.51 | quarterly | 2013-12-06 |
2013-08-01 | $0.51 | quarterly | 2013-09-06 |
2013-05-02 | $0.51 | quarterly | 2013-06-06 |
2013-01-31 | $0.49 | quarterly | 2013-03-06 |
Southern Dividend per year
Southern Dividend growth
Southern Dividend Yield
Southern current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing Southern stock? Use our calculator to estimate your expected dividend yield:
Southern Financial Ratios
Southern Dividend FAQ
Other factors to consider when evaluating Southern 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: Southern'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, Southern 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, Southern 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 Southern 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: Southern 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, Southern distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Southern 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 Southern'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 Southern'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.