Southern Company and Consolidated Edison pay qualified utility dividends that are taxed annually in taxable accounts but not in Roth IRAs. This tax advantage means dividends reinvested in Roth accounts compound without federal tax drag, significantly benefiting long-term investors in the 15% or 20% qualified dividend tax brackets. Both utilities offer steady dividend growth and predictable income, making them ideal for tax-advantaged retirement accounts. Investors should consider Roth conversions for these stocks to maximize after-tax returns over decades.
Southern Company has restored power to about 420,000 customers across Alabama, Georgia, and Mississippi after Hurricane Isaias, with around 80,000 outages remaining mainly in Alabama. The company used advanced storm intelligence technologies, includi...
Southern Company disclosed a data breach affecting about 400,000 customers across its subsidiaries Georgia Power, Alabama Power, and Mississippi Power. An unauthorized party accessed limited personal information such as names, addresses, and partial ...
NextEra Energy and Southern Company are both regulated utilities with differing dividend strategies. Southern offers a higher current dividend yield of 3.53% compared to NextEra's 3.23%, but NextEra has a stronger dividend growth outlook with planned...
