Company: Southern Company (SO)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts. -Morningstar.com-
Symbol: SO
Recent Price: $87.52
Dividends: $2.88
Yield: 3.29%
Sector: Utilities
Industry: Utilities-Regulated Electric
Address & Company Phone #: 30 Ivan Allen Jr. Blvd. N.W. Atlanta GA 30308, 404-506-5000
Transfer Agent: Equiniti Group plc. 800-554-7626
Moody’s Rating: Baa2
Minimum & Maximum Investment: $25 – $300,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $2.50+6¢/sh. Cert: $30 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $75.80, $61.56