Reported Earnings • May 05
First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2026 results: EPS: US$1.21. Revenue: US$8.40b (up 8.0% from 1Q 2025). Net income: US$1.36b (up 1.6% from 1Q 2025). Profit margin: 16% (down from 17% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Actualités en direct • May 04
Southern Company Reports Q1 Earnings Beat as Data Center Demand and DOE Loans Drive Growth Southern reported Q1 2026 net income of $1.4b ($1.21 per share) and adjusted earnings of $1.5b ($1.32 per share), with revenue of $8.4b that was ahead of Wall Street expectations.
Retail electricity sales were helped by a 42% jump in data center power usage, with over 11 gigawatts now fully contracted across 28 large load projects and a pipeline above 75 gigawatts.
The company secured US$26.5b in low-cost Department of Energy loans, raised its 2026-2030 capital spending plan by US$700m, and increased its annual dividend for the 25th consecutive year.
For investors, the key point is how closely Southern is tying its growth plans to rising power demand from data centers in the Southeast. The completed Vogtle nuclear units 3 and 4, along with battery storage and gas turbine upgrades, sit alongside a sizeable project pipeline that is already largely backed by contracts, which can help support more predictable cash flows.
The DOE financing and recent equity raised through a US$500m ATM program give Southern additional funding options for that larger capital plan. At the same time, a 25-year streak of dividend increases highlights management’s focus on returning cash to shareholders while supporting long-term infrastructure build-out. Investors will likely watch how effectively Southern manages project execution, regulatory relationships and customer bill impacts as this data center-driven demand story evolves. Declared Dividend • Apr 23
Fourth quarter dividend increased to US$0.76 Dividend of US$0.76 is 2.7% higher than last year. Ex-date: 18th May 2026 Payment date: 8th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 22
Southern Company Announces Quarterly Cash Dividend, Payable on June 8, 2026 Southern Company announced a regular quarterly dividend of 76 cents per share on the company's common stock, payable June 8, 2026 to shareholders of record as of May 18, 2026. In doing so, the company is increasing its dividend by 8 cents per share on an annualized basis to a rate of $3.04 per share. Recent Insider Transactions • Apr 07
Chairman recently sold US$2.4m worth of stock On the 30th of March, Kimberly Greene sold around 25k shares on-market at roughly US$96.67 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.9m more than they bought in the last 12 months. Recent Insider Transactions • Mar 20
Executive VP & COO recently sold US$1.2m worth of stock On the 18th of March, Stanley Connally sold around 13k shares on-market at roughly US$97.13 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stanley has been a net seller over the last 12 months, reducing personal holdings by US$2.4m. Annonce • Mar 20
Southern Company Generation Hydro Services Receives Federal Energy Regulatory Commission Letter Regarding Annual Dam Safety Inspection And Part 12D Comprehensive Assessment Inspection Southern Company Generation Hydro Services received a letter from the Federal Energy Regulatory Commission Office of Energy Projects Division of Dam Safety and Inspections – Atlanta Regional Office. On March 9, 2026, D2SI staff, including Matthew Henry and Lauren Foster, inspected the Tallulah Falls Development of the North Georgia Project No. 2354-03. The inspection occurred in conjunction with the 12th Part 12D Independent Consultant’s Safety Inspection, which is a Comprehensive Assessment (CA). During the inspection, staff found no new problems that would present an immediate concern for dam safety or continued operations and there are no follow-up recommendations from the inspection. The letter stated appreciation for continued cooperation in ensuring the safety of the project. Reported Earnings • Feb 20
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: US$3.94 (down from US$4.02 in FY 2024). Revenue: US$29.6b (up 11% from FY 2024). Net income: US$4.34b (down 1.4% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 6.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Annonce • Feb 18
the Southern Company Appoints John M. Turner, Jr. to Board Committees, Effective February 17, 2026 The Southern Company reported the election of Mr. John M. Turner, Jr. to its Board of Directors. On February 16, 2026, the Board appointed Mr. Turner to the Finance Committee and the Operations, Environmental and Safety Committee, effective February 17, 2026. Declared Dividend • Feb 01
Third quarter dividend of US$0.74 announced Shareholders will receive a dividend of US$0.74. Ex-date: 17th February 2026 Payment date: 6th March 2026 Dividend yield will be 3.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jan 29
Southern Company Announces Regular Quarterly Dividend, Payable on March 6, 2026 Southern Company announced a regular quarterly dividend of 74 cents per share on the company's common stock, payable March 6, 2026, to shareholders of record as of February 17, 2026. Annonce • Jan 15
The Southern Company to Report Q4, 2025 Results on Feb 19, 2026 The Southern Company announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Feb 19, 2026 Upcoming Dividend • Nov 10
Upcoming dividend of US$0.74 per share Eligible shareholders must have bought the stock before 17 November 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.7%). Annonce • Nov 04
The Southern Company has completed a Composite Units Offering in the amount of $1.75 billion. The Southern Company has completed a Composite Units Offering in the amount of $1.75 billion.
Security Name: Equity Units
Security Type: Equity/Derivative Unit
Securities Offered: 35,000,000
Price\Range: $50
Discount Per Security: $0.875 Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: US$1.55 (up from US$1.40 in 3Q 2024). Revenue: US$7.82b (up 7.5% from 3Q 2024). Net income: US$1.71b (up 12% from 3Q 2024). Profit margin: 22% (in line with 3Q 2024). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 2.7%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. Declared Dividend • Oct 23
Second quarter dividend of US$0.74 announced Shareholders will receive a dividend of US$0.74. Ex-date: 17th November 2025 Payment date: 8th December 2025 Dividend yield will be 3.1%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Oct 21
Southern Company Announces Quarterly Dividend, Payable December 8, 2025 Southern Company announced a regular quarterly dividend of 74 cents per share on the company's common stock, payable December 8, 2025, to shareholders of record as of November 17, 2025. Annonce • Sep 30
The Southern Company to Report Q3, 2025 Results on Oct 30, 2025 The Southern Company announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 30, 2025 Upcoming Dividend • Aug 11
Upcoming dividend of US$0.74 per share Eligible shareholders must have bought the stock before 18 August 2025. Payment date: 08 September 2025. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (2.9%). Reported Earnings • Aug 01
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.80 (down from US$1.10 in 2Q 2024). Revenue: US$6.97b (up 7.9% from 2Q 2024). Net income: US$880.0m (down 27% from 2Q 2024). Profit margin: 13% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 24
First quarter dividend of US$0.74 announced Shareholders will receive a dividend of US$0.74. Ex-date: 18th August 2025 Payment date: 8th September 2025 Dividend yield will be 3.1%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jul 23
Chairman recently sold US$1.3m worth of stock On the 21st of July, Kimberly Greene sold around 13k shares on-market at roughly US$95.00 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months. Annonce • Jul 23
Southern Company Announces Executive Appointments, Effective July 31 Southern Company announced two key leadership moves in its Accounting, Finance, and Treasury organization. Matt Kim, senior vice president of finance and treasurer of Southern Company, has been named senior vice president, comptroller, and chief accounting officer, effective July 31. Kim will be responsible for the company's accounting policy and research, external financial reporting functions, payroll, and accounts payable, as well as providing oversight of accounting controls and related processes. Since 2022, Kim has served in several different capacities as a senior vice president in the Southern Company finance organization with responsibilities that included treasury, financial planning, business development, risk management, and trust finance. Kim previously served as vice president and controller of Southern Company Gas, with responsibility for accounting for all its utilities. Aaron Abramovitz, executive vice president, CFO, and treasurer of Georgia Power Company, will become senior vice president of finance and treasurer for Southern Company, effective July 31. Abramovitz's responsibilities will include leading the company's treasury and financial planning teams, overseeing the company's financial plan, budget, and reporting as well as financing and cash management. He will also oversee Southern Company's Investor Relations activities, working closely with incoming CFO David Poroch and Director of Investor Relations Greg MacLeod. Over the past 23 years, Abramovitz has held a series of leadership positions across the company and its subsidiaries' finance and project management organizations, including serving as director of investor relations for Southern Company and vice president of business operations for Southern Nuclear, before taking on his current role as CFO and treasurer for Georgia Power Company. Annonce • Jun 24
The Southern Company to Report Q2, 2025 Results on Jul 31, 2025 The Southern Company announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Jul 31, 2025 Recent Insider Transactions • May 28
Insider recently sold US$1.1m worth of stock On the 23rd of May, Christopher Cummiskey sold around 12k shares on-market at roughly US$89.54 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$3.0m. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months. Upcoming Dividend • May 12
Upcoming dividend of US$0.74 per share Eligible shareholders must have bought the stock before 19 May 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (3.0%). Reported Earnings • May 02
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$1.21 (up from US$1.03 in 1Q 2024). Revenue: US$7.78b (up 17% from 1Q 2024). Net income: US$1.33b (up 18% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 24
Fourth quarter dividend increased to US$0.74 Dividend of US$0.74 is 2.8% higher than last year. Ex-date: 19th May 2025 Payment date: 6th June 2025 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (437% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 22
Southern Company Increases Quarterly Dividend, Payable on June 6, 2025 Southern Company announced it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.96 per share. This marks the 77th consecutive year that Southern Company has paid a dividend on its common stock that is equal to or greater than the previous quarter. Additionally, this is the 24th consecutive year the company has raised its dividend. Southern Company also announced a regular quarterly dividend – including an increase of 2 cents per share over the prior quarter – of 74 cents per share, payable June 6, 2025 to shareholders of record as of May 19, 2025. Annonce • Apr 03
The Southern Company, Annual General Meeting, May 21, 2025 The Southern Company, Annual General Meeting, May 21, 2025. Recent Insider Transactions • Apr 02
Executive VP & COO recently sold US$1.2m worth of stock On the 31st of March, Stanley Connally sold around 13k shares on-market at roughly US$92.24 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$3.0m. This was Stanley's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Apr 01
Executive VP & COO notifies of intention to sell stock Stanley Connally intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of March. If the sale is conducted around the recent share price of US$92.24, it would amount to US$1.2m. Since December 2024, Stanley's direct individual holding has increased from 152.35k shares to 176.81k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months. Annonce • Mar 27
The Southern Company to Report Q1, 2025 Results on May 01, 2025 The Southern Company announced that they will report Q1, 2025 results at 7:30 AM, US Eastern Standard Time on May 01, 2025 Recent Insider Transactions Derivative • Mar 11
Chairman notifies of intention to sell stock Kimberly Greene intends to sell 32k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of March. If the sale is conducted around the recent share price of US$93.12, it would amount to US$3.0m. Since June 2024, Kimberly's direct individual holding has increased from 110.63k shares to 139.01k. Company insiders have collectively sold US$16m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Mar 05
CEO, President & Chairman recently sold US$2.2m worth of stock On the 3rd of March, Christopher Womack sold around 24k shares on-market at roughly US$90.13 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Christopher has been a net seller over the last 12 months, reducing personal holdings by US$3.5m. Recent Insider Transactions Derivative • Feb 26
CEO, President & Chairman notifies of intention to sell stock Christopher Womack intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of February. If the sale is conducted around the recent share price of US$90.00, it would amount to US$2.3m. For the year to December 2021, Christopher's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Christopher's direct individual holding has increased from 90.32k shares to 116.22k. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Feb 20
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: US$4.02 (up from US$3.64 in FY 2023). Revenue: US$26.7b (up 5.8% from FY 2023). Net income: US$4.40b (up 11% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 14
Upcoming dividend of US$0.72 per share Eligible shareholders must have bought the stock before 18 February 2025. Payment date: 06 March 2025. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.0%). Recent Insider Transactions • Feb 13
Chairman recently sold US$1.3m worth of stock On the 11th of February, J. Peoples sold around 15k shares on-market at roughly US$86.00 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$10m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Feb 12
Chairman notifies of intention to sell stock J. Peoples intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of February. If the sale is conducted around the recent share price of US$86.00, it would amount to US$1.3m. Since March 2024, Peoples' direct individual holding has increased from 26.28k shares to 36.25k. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. Annonce • Feb 12
Southern Company Appoints James O. (Jimmy) Etheredge as an Independent Director, Effective April 1, 2025 The Board of Directors of Southern Company announced the election of James O. (Jimmy) Etheredge as an independent director, effective Apr. 1, 2025. Board committee assignments have not yet been determined. Etheredge was CEO – North America of Accenture plc from September 2019 until August 2023 and a special advisor to the CEO and board until July 2024. His responsibilities as CEO included driving results through an 80,000-member team and executing Accenture's strategy and consulting, interactive, technology (including AI, cloud and others) and operations practices. From December 2016 until September 2019, he was Senior Managing Director of US Southeast, responsible for leading Accenture's business in ten states. In this role, he oversaw the firm's business across all consulting specialties and client industry segments within the region. Etheredge joined Accenture in 1985, became a partner in 1997 and an executive partner in 2011. During his career, Etheredge advised clients in the utilities industry both in the U.S. and worldwide. A native of middle Georgia, he earned a B.S. in Industrial Engineering from the Georgia Institute of Technology and serves as a trustee of the Georgia Tech Foundation. Etheredge serves on the board of Encora Digital LLC and as deputy chair of the board of the Federal Reserve Bank of Atlanta. He also serves on the boards of Woodruff Arts Center, the Atlanta Police Foundation, Techbridge and Atlanta Area Council Boy Scouts. Declared Dividend • Jan 31
Third quarter dividend of US$0.72 announced Shareholders will receive a dividend of US$0.72. Ex-date: 18th February 2025 Payment date: 6th March 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jan 29
Southern Company Announces Quarterly Dividend, Payable on March 6, 2025 Southern Company announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable on March 6, 2025, to shareholders of record as of February 18, 2025. Annonce • Jan 15
The Southern Company to Report Q4, 2024 Results on Feb 20, 2025 The Southern Company announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Feb 20, 2025 Recent Insider Transactions • Dec 08
CEO, President & Chairman recently sold US$1.2m worth of stock On the 5th of December, Christopher Womack sold around 14k shares on-market at roughly US$86.18 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.7m. This was Christopher's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Dec 06
CEO, President & Chairman notifies of intention to sell stock Christopher Womack intends to sell 14k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of December. If the sale is conducted around the recent share price of US$86.18, it would amount to US$1.2m. For the year to December 2021, Christopher's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Christopher has owned 90.32k shares directly. Company insiders have collectively sold US$11m more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.72 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (3.0%). Reported Earnings • Nov 01
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: US$1.40 (up from US$1.30 in 3Q 2023). Revenue: US$7.27b (up 4.2% from 3Q 2023). Net income: US$1.54b (up 7.9% from 3Q 2023). Profit margin: 21% (in line with 3Q 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Oct 25
Southern Company Announces Retirement of Martin B. Davis as Executive Vice President and Chief Information Officer, Effective April 1, 2025 Southern Company announced the retirement of Martin B. Davis as executive vice president and chief information officer, effective April 1, 2025. Davis has spent more than 35 years leading complex technology organizations in highly regulated environments. Since joining the company in 2015, Davis has led more than 2,000 technology professionals supporting Southern Company's subsidiaries. He drove innovation and excellence at Southern Company by developing and implementing advanced technology, cybersecurity and customer solutions. Before joining Southern Company, Davis served as head of enterprise information technology, executive vice president and chief technology officer at Wells Fargo and played a key role in that company's integration of Wachovia, the largest technology integration in the history of U.S. financial services. Davis currently serves on the board of directors of Piedmont Healthcare and the South State Corporation and formerly served on the board of directors of the American Heart Association (Southeast Region) and the board of trustees at Winston-Salem State University.Davis holds a bachelor's degree in business administration from Winston-Salem State University and is a graduate of the Young Executives Institute and the Wachovia Executive Leadership Program at the University of North Carolina, Chapel Hill. Declared Dividend • Oct 18
Second quarter dividend of US$0.72 announced Shareholders will receive a dividend of US$0.72. Ex-date: 18th November 2024 Payment date: 6th December 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Oct 15
The Southern Company Announces Regular Quarterly Dividend, Payable on December 6, 2024 Southern Company announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable December 6, 2024, to shareholders of record as of November 18, 2024. Recent Insider Transactions • Oct 09
Board Member recently sold US$2.7m worth of stock On the 4th of October, James Kerr sold around 30k shares on-market at roughly US$89.64 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.5m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Oct 07
Board Member notifies of intention to sell stock James Kerr intends to sell 30k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of October. If the sale is conducted around the recent share price of US$89.64, it would amount to US$2.7m. Since December 2023, James' direct individual holding has decreased from 224.22k shares to 206.86k. Company insiders have collectively sold US$8.9m more than they bought, via options and on-market transactions in the last 12 months. Annonce • Oct 04
The Southern Company to Report Q3, 2024 Results on Oct 31, 2024 The Southern Company announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Oct 31, 2024 Upcoming Dividend • Aug 12
Upcoming dividend of US$0.72 per share Eligible shareholders must have bought the stock before 19 August 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.1%). Reported Earnings • Aug 02
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: US$1.10 (up from US$0.77 in 2Q 2023). Revenue: US$6.46b (up 12% from 2Q 2023). Net income: US$1.20b (up 44% from 2Q 2023). Profit margin: 19% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Declared Dividend • Jul 18
First quarter dividend of US$0.72 announced Shareholders will receive a dividend of US$0.72. Ex-date: 19th August 2024 Payment date: 6th September 2024 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jul 15
Southern Company Announces Quarterly Dividend, Payable on September 6, 2024 Southern Company announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable September 6, 2024, to shareholders of record as of August 19, 2024. 