Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $46.79 as of 10 a.m. ET, the dividend yield is 4.2%.
The average volume for Southern has been 3.4 million shares per day over the past 30 days. Southern has a market cap of $40.53 billion and is part of the utilities sector and utilities industry. Shares are up 0.1% year to date as of the close of trading on Tuesday.
The Southern Company operates as an electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources. The company has a P/E ratio of 18.5, below the average utilities industry P/E ratio of 18.7 and above 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 increase in net income, expanding profit margins, growth in earnings per share, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full
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