Southern Company (The) (NYSE:SO) Declares Quarterly Dividend of $0.74

Key Points

• Southern Company has declared a quarterly dividend of $0.74 per share, with an annualized dividend yield of 3.0%, scheduled for payment on December 8th.
• The company reported earnings per share (EPS) of $0.91 for its last quarter, missing estimates but achieving revenues of $6.97 billion, exceeding analyst expectations.
• Southern Company maintains a payout ratio of 64.8%, indicating that its dividends are well-supported by earnings, with projected earnings of $4.59 per share for the upcoming year.

Southern Company (The) (NYSE:SO - Get Free Report) declared a quarterly dividend on Monday, October 20th. Stockholders of record on Monday, November 17th will be given a dividend of 0.74 per share by the utilities provider on Monday, December 8th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, November 17th.

Southern has a payout ratio of 64.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Southern to earn $4.59 per share next year, which means the company should continue to be able to cover its $2.96 annual dividend with an expected future payout ratio of 64.5%.

Southern Stock Performance

Shares of Southern stock opened at $97.80 on Tuesday. The company has a market capitalization of $107.59 billion, a PE ratio of 25.14, a PEG ratio of 3.46 and a beta of 0.43. Southern has a 12 month low of $80.46 and a 12 month high of $100.83. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.69. The stock's fifty day simple moving average is $94.06 and its 200 day simple moving average is $92.05.

Southern (NYSE:SO - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.08). The business had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.70 billion. Southern had a return on equity of 12.09% and a net margin of 15.10%.The business's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.10 EPS. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. On average, research analysts predict that Southern will post 4.29 EPS for the current year.

Southern Company Profile

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. 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, gas distribution operations, and gas pipeline investments operations.

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