Southern Co. Boosts Quarterly Dividend by 2 Cents a Share
By Michael Dabaie
Southern Co. said Monday it was increasing its quarterly
dividend to 66 cents a share.
The energy company with electric operating companies in three
states and natural gas distribution companies in four states it
raised its quarterly dividend by 2 cents. The dividend is payable
on June 7, Southern said.
On an annualized basis, the dividend increase is 8 cents a
share, to a rate of $2.64 a share, the company said. This marks the
twentieth consecutive year that Southern has raised the dividend on
its common stock, it said.
Write to Michael Dabaie at email@example.com
(END) Dow Jones Newswires
April 19, 2021 15:17 ET (19:17 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.