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The Southern Company (SO) Raises its Dividend by 2.7% to $0.76 per Share
The Southern Company (NYSE: SO) has increased its quarterly dividend by 2.7% to $0.76 per share, marking its 25th consecutive year of dividend increases. The company, a major electricity producer and nuclear energy operator, will pay this dividend on June 8 to shareholders of record on May 18. With a steady dividend history of 79 years and an annual yield of 3.24%, Southern Company aims for long-term shareholder value and plans significant capital investments to meet growing power demand.