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NEW YORK ( TheStreet) -- The ex-dividend date for Southern (NYSE: SO) is tomorrow, January 30, 2014. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $41.45 as of 9:50 a.m. ET, the dividend yield is 4.9%. The average volume for Southern has been 5.1 million shares per day over the past 30 days. Southern has a market cap of $36.37 billion and is part of the utilities sector and utilities industry. Shares are up 0.3% 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 22.4, above the S&P 500 P/E ratio of 17.7.