Southern Dividends and Buybacks
Dividend criteria checks 4/6
Southern is a dividend paying company with a current yield of 3.27% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
3.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | -2.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | US$2.880 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Southern Company: One Of The Best Utilities At A Lofty Price
Nov 01Here's Why We Think Southern (NYSE:SO) Might Deserve Your Attention Today
Oct 28
Southern Company Could Be Dead Money For The Foreseeable Future
Oct 08The Southern Company's (NYSE:SO) Shares May Have Run Too Fast Too Soon
Sep 30The Southern Company: Time To Lock In Gains
Sep 28Is Southern (NYSE:SO) Using Too Much Debt?
Sep 02Returns On Capital At Southern (NYSE:SO) Have Stalled
Aug 21The AI Factor: Southern Company's Pricey Power Play
Aug 19Do Southern's (NYSE:SO) Earnings Warrant Your Attention?
Jul 28Why Southern Company Will Beat Guidance
Jul 09The Southern Company Electric Utility Generates 3.7% Yield
Jul 02Subdued Growth No Barrier To The Southern Company's (NYSE:SO) Price
Jun 23The Southern Company: A Premium Valuation With Lukewarm Growth
May 24The Southern Company (NYSE:SO) Shares Could Be 31% Above Their Intrinsic Value Estimate
May 22The Southern Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 06Does Southern (NYSE:SO) Deserve A Spot On Your Watchlist?
Apr 18Returns Are Gaining Momentum At Southern (NYSE:SO)
Mar 24Southern Company: How One Of The Best Utilities Could Return Over 10% Per Year
Mar 13Southern (NYSE:SO) Use Of Debt Could Be Considered Risky
Mar 11Is There An Opportunity With The Southern Company's (NYSE:SO) 22% Undervaluation?
Feb 13The Southern Company: Onboarding New Nuclear Plants
Feb 09Southern Company: It's Almost Time To Buy This Proven 4%-Yielding Utility
Jan 25The Southern Company's (NYSE:SO) P/E Still Appears To Be Reasonable
Jan 15Southern Company: The Pros And Cons Of A Stock And Bond Investment
Dec 21Returns At Southern (NYSE:SO) Appear To Be Weighed Down
Dec 13The Southern Company: A Solid Company, But Still Overvalued
Nov 164%-Yielding Southern Company Is A Utility Gem
Nov 03The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 41% Above Its Share Price
Nov 02Southern Company: Hold This Stock For Stable Dividend Yield
Oct 11Southern (NYSE:SO) Seems To Be Using A Lot Of Debt
Oct 06Southern Company Looks Interesting Yielding Over 4%, Down 19% From Its Highs
Sep 29Returns On Capital At Southern (NYSE:SO) Have Stalled
Sep 08Southern Company: Long-Term Buy For One Of The Sector's Best Regulatory Profiles
Aug 04The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 53% Above Its Share Price
Jul 24We Think Southern (NYSE:SO) Is Taking Some Risk With Its Debt
Jun 26Even With End Of The Vogtle Saga, Southern Co. Is A Hold
Jun 26Returns Are Gaining Momentum At Southern (NYSE:SO)
May 30Southern Company: A Solid Company With Bright Future, But Overvalued
May 23Are Investors Undervaluing The Southern Company (NYSE:SO) By 39%?
Mar 20Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden
Mar 06Southern Company prices $1.5B in principal amount of convertible senior notes
Feb 24Southern (NYSE:SO) Shareholders Will Want The ROCE Trajectory To Continue
Feb 20The Southern Company Q4 2022 Earnings Preview
Feb 15Southern Company: Favorable Outlook For 2023
Feb 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SO's dividends per share have been stable in the past 10 years.
Growing Dividend: SO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Southern Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SO) | 3.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electric Utilities) | 2.9% |
| Analyst forecast (SO) (up to 3 years) | 3.5% |
Notable Dividend: SO's dividend (3.27%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SO's dividend (3.27%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), SO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (535.8%), SO's dividend payments are not well covered by cash flows.