NYSE:SOElectric Utilities
Does DOE Loans and 25th Dividend Hike Change The Bull Case For Southern (SO)?
In the past quarter ended March 31, 2026, The Southern Company reported higher sales of US$8,061 million and revenues of US$8,397 million, with net income edging up to US$1,356 million and earnings per share from continuing operations roughly unchanged year on year.
Beyond the headline results, Southern secured US$26.50 billion in Department of Energy loan agreements and lifted its annual dividend for the 25th consecutive year, underlining management’s focus on long-duration funding and...