Southern Company Raises Quarterly Dividend 8 Cents to $0.76
Southern Company raised quarterly dividend by 8 cents to $0.76, annualized $3.04, marking its 25th straight annual boost and 79th consecutive year without a cut; shareholders of record on May 18 receive June 8 payment. It serves 9 million customers across seven states through electric, gas, generation and fiber operations.
1. Dividend Increase Details
Southern Company announced a quarterly dividend of $0.76 per share, up 8 cents from the prior quarter. The annualized rate now stands at $3.04 per share, payable June 8 to investors on record as of May 18.
2. Historic Dividend Track Record
This marks the 25th consecutive year of annual dividend increases and extends the company’s run to 79 straight years without a reduction in its quarterly payout. The milestone underscores Southern Company’s commitment to predictable shareholder returns.
3. Company Operations Overview
Southern Company serves approximately 9 million customers across seven states through its electric operating utilities, natural gas distribution, competitive generation, distributed energy solutions and fiber network, supported by nearly 30,000 employees.