The Southern Company (SO) continues presenting a strong performance with consistent dividends, having increased them for the 23rd consecutive year. Key metrics remained relevant during Q1 2024 and the company enjoys a 'Moderate Buy' rating from brokerages. Nevertheless, potential bearish warning came as insiders sold $765k worth of stock. Company is sustaining growth, adding 13th wind facility to its assets and its nuclear plant commenced commercial operations. However, retail sales dropped in Q1. Company's stock is considered as a top Utilities stock with a stable dividend yield and solid long-term momentum, despite some short term market fluctuations.
The Southern Company SO News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Thu, 09 May 2024 05:37:28 GMT -
Rating 6
- Information 9
- Rumor -2
