Southern Company announced is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.88 per share. Southern Company also announced a regular quarterly dividend, including an increase of 2 cents per share over the prior quarter, of 72 cents per share, payable June 6, 2024 to shareholders of record as of May 20, 2024.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SO:
- Southern Company increases dividend for 23rd consecutive year; annualized rate rises to $2.88 per share
- Southern Company price target raised to $66 from $65 at Barclays
- Cheat Sheet: Those Other AI Beneficiaries
- Electrical Utilities: AI Power Play
- Southern Company downgraded to Neutral from Buy at UBS