The Southern Company (NYSE:SO) features prominently in the Best Dividend Stocks for a Dividend Champions List.
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The Southern Company (NYSE:SO) operates not only electric and gas utilities but also extends into fiber-optic and wireless communication services while engaging in wholesale energy transactions. It serves over 9 million customers throughout the Southeastern United States.
In the realm of nuclear energy, The Southern Company (NYSE:SO) holds a significant position. Through its subsidiary, Southern Nuclear, it manages eight reactors across three facilities. This includes the Vogtle Units 3 and 4, which became operational in 2023 and 2024, marking the first new commercial reactors constructed in the US in about three decades.
Typically, utility stocks like The Southern Company (NYSE:SO) are regarded as stable investments, largely due to the consistent demand for energy and regulatory frameworks that help stabilize pricing while ensuring ongoing infrastructure improvements. With an impressive track record of 24 consecutive years of dividend hikes and a 78-year history of uninterrupted dividend payments, The Southern Company has established a solid reputation. As of October 2, the company offers a quarterly dividend of $0.74 per share, translating to a dividend yield of 3.15%.
While recognizing the value of SO as an investment option, we also note that some AI stocks may provide better growth potential with lower risk exposure. For those interested in an exceptionally undervalued AI stock poised to gain from Trump-era tariffs and the trend of onshoring, check out our complimentary report on the best short-term AI stock.
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