The ex-dividend date for Southern (NYSE:SO) is tomorrow, May 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $48.29 as of 9:30 a.m., the dividend yield is 4.2%.
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 ( TheStreet) -- The ex-dividend date for Southern (NYSE: SO) is tomorrow, May 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $48.29 as of 9:30 a.m. ET, the dividend yield is 4.2%. The average volume for Southern has been 3.7 million shares per day over the past 30 days. Southern has a market cap of $41.93 billion and is part of the utilities sector and utilities industry. Shares are up 12.7% year to date as of the close of trading on Tuesday. The Southern Company, together with its subsidiaries, operates as a public electric utility company. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Southern as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Southern Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.