Southern Company announces quarterly dividend

Rhea-AI Summary

Southern Company has announced a regular quarterly dividend of 64 cents per share on common stock, payable on Sept. 8, 2020. Shareholders of record as of Aug. 17, 2020 will receive this dividend. The company has maintained its dividend payment for over 70 years, consistently matching or exceeding previous quarter amounts. Serving 9 million customers, Southern Company is committed to providing reliable and affordable energy while advancing sustainable energy solutions.

Positive

• Quarterly dividend of 64 cents per share reflects ongoing shareholder value.
• Maintained dividend payout for over 70 years, signaling stability and confidence.

Negative

• None.

ATLANTA, July 20, 2020 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 64 cents per share on the company's common stock, payable Sept. 8, 2020, to shareholders of record as of Aug. 17, 2020.

Every quarter for more than 70 years Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter.

About Southern Company

Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Fortune's "World's Most Admired Companies" list, Forbes and the Women's Choice Award. To learn more, visit www.southerncompany.com.

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SOURCE Southern Company

FAQ

What is the dividend amount announced by Southern Company (SO)?

The announced dividend amount is 64 cents per share.

When is the dividend payment date for Southern Company (SO)?

The dividend is payable on September 8, 2020.

What is the record date for Southern Company's (SO) dividend?

The record date for the dividend is August 17, 2020.

How long has Southern Company (SO) been paying dividends?

Southern Company has been paying dividends for over 70 years.

Is the dividend from Southern Company (SO) sustainable?

The consistent dividend payments suggest a strong commitment to shareholder value.