By the end of today, September 06, 2023, Southern SO is set to deliver a dividend payout of $0.70 per share, equating to an annualized dividend yield of 3.92%. Shareholders who owned the stock prior to the ex-dividend date on August 18, 2023 will receive this payout.
Southern Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-18 | 4 | $0.7 | 3.92% | 2023-07-17 | 2023-08-21 | 2023-09-06 |
| 2023-05-12 | 4 | $0.7 | 3.89% | 2023-04-17 | 2023-05-15 | 2023-06-06 |
| 2023-02-17 | 4 | $0.68 | 4.09% | 2023-01-20 | 2023-02-21 | 2023-03-06 |
| 2022-11-18 | 4 | $0.68 | 4.23% | 2022-10-18 | 2022-11-21 | 2022-12-06 |
| 2022-08-12 | 4 | $0.68 | 3.76% | 2022-07-18 | 2022-08-15 | 2022-09-06 |
| 2022-05-13 | 4 | $0.68 | 3.59% | 2022-04-19 | 2022-05-16 | 2022-06-06 |
| 2022-02-18 | 4 | $0.66 | 3.86% | 2022-01-14 | 2022-02-22 | 2022-03-07 |
| 2021-11-12 | 4 | $0.66 | 4.18% | 2021-10-18 | 2021-11-15 | 2021-12-06 |
| 2021-08-13 | 4 | $0.66 | 4.18% | 2021-07-19 | 2021-08-16 | 2021-09-07 |
| 2021-05-14 | 4 | $0.66 | 4.06% | 2021-04-19 | 2021-05-17 | 2021-06-07 |
| 2021-02-12 | 4 | $0.64 | 4.34% | 2021-01-15 | 2021-02-16 | 2021-03-08 |
| 2020-11-13 | 4 | $0.64 | 4.39% | 2020-10-19 | 2020-11-16 | 2020-12-07 |
When comparing Southern's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Enel Chile ENIC having the highest annualized dividend yield at 10.78%.
Analyzing Southern Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $2.46 to $2.70, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Southern
The earnings chart illustrates an increase in Southern's earnings per share, from $3.09 in 2019 to $3.71 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article takes an in-depth look at Southern's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.70 per share today, translating to an annualized dividend yield of 3.92%.
When comparing Southern's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Enel Chile having the highest annualized dividend yield at 10.78%.
The upward trend in dividend per share and earnings per share for Southern from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
[Monitor live stock price updates for Southern on Benzinga.](https://www.benzinga.com/quote/Southern (NYSE: SO))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
