The Southern Company (SO) continues to make a solid impression in the market as it consistently announces
quarterly dividends, maintaining a historic 77-year dividend record. This has left it appealing to a broad spectrum of investors including Foster Victor Wealth Advisors, Crews Bank & Trust, and YHB Investment Advisors, among others. The company appears to be attracting heightened investor attention and is favored by
institutional owners who hold 69% of the company. However, various stakeholders such as Pacer Advisors, Asset Dedication, and SG Americas Securities have reduced their positions in the company. In expansion moves, Southern Company entered a deal to supply energy credit to Keysight and filed a 2025 Integrated Resource Plan with Georgia Public Service Commission. However, it received mixed reviews from Wall Street Analysts, and was even classified as a bottom-ranked quant stock by UBS. The company's plan to run coal-fired plants longer than planned led to some criticism amidst its resilience in the market and steady performance in its 2024 earnings reports. Nevertheless, it remains a high-dividend utility stock, attractive for stable income.
The Southern Company SO News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 07:10:14 GMT -
Rating 5
- Innovation 1
- Information 8
- Rumor 2
