Southern Stock To Go Ex-dividend Tomorrow (SO)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $45.62 as of 9:30 a.m. ET, the dividend yield is 4.2%.
The average volume for Southern has been four million shares per day over the past 30 days. Southern has a market cap of $38.7 billion and is part of the
sector and
industry. Shares are down 1.6% year to date as of the close of trading on Tuesday.
Southern Company, through its subsidiaries, operates as a utility company that provides electric service in the southeastern United States. The company generates, transmits, and distributes electricity through coal, nuclear, oil and gas, and hydro resources. The company has a P/E ratio of 17.5, below the average utilities industry P/E ratio of 18.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Southern as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
.
See our
or
.
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