Dimensional Fund Advisors LP has a significant investment in The Southern Company. The Southern Company has increased dividends for 23 years in succession and analysts predict high returns over 10% per year. Institutional owners favor The Southern Company (SO), holding a significant portion of the company. Notably, Southern Co's dividend analysis seems favorable, with the company issuing its annual Moving to Equity Report for 2023. Earnings exceeded expectations and Argus increased the price target for Southern (SO) to $90.00.
Southern Company has launched initiatives to simplify Electric Vehicle home charging and are expecting growth in earnings. However, Project Vogtle Unit 3's in-service date will possibly be missed due to challenges. Although the company stock dipped amidst market gains, it retains favor due to its well-received earnings reports. The Southern Company's CEO recently sold $684815.04 in stock.
Despite obstacles such as coronavirus related delays and missed revenue estimates, the company has performed well in Q4 and full-year 2023. The Southern Company maintains its steady dividend yield status and steadily outperforms many competitors.
The Southern Company SO News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Sun, 19 May 2024 10:45:13 GMT - Rating 8 - Innovation -2 - Information 10 - Rumor 1
