Data centers are rapidly increasing their power needs, doubling average loads from 150 to 300 MW between 2023 and 2024. This surge benefits regulated electric utilities that secure long-term contracts, turning infrastructure investments into reliable earnings and dividends. Five U.S.-listed utilities—Southern Company, Duke Energy, WEC Energy Group, Xcel Energy, and Consolidated Edison—are highlighted for their strong dividend yields and growth prospects tied to data center expansion and electrification trends. Each company offers different risk and growth profiles, with some emphasizing stable income and others focusing on aggressive capital spending to capture future demand.
Southern Company, an electric and gas utility, clarified it has no connection to a Mexican silver mining project, dispelling recent rumors. HSBC initiated coverage of Southern Company with a Buy rating, with shares trading at $90.39 at the time. The ...
Southern Company has increased its dividend annually since 2002, with a recent 2.7% raise to $0.76 per quarter. The company supports its dividend through rising regulated earnings, largely driven by data center growth, but is funding a multi-billion ...
Morgan Stanley analyst David Arcaro lowered the price target for Southern Company to $84 from $85, even as the stock outperformed the Utilities sector with a 6.62% gain over the past month. Southern Company expects strong financial results with proje...
Southern Company announced a quarterly dividend of 76 cents per share, payable on December 7, 2026, to shareholders of record as of November 16, 2026. This marks the 79th consecutive year the company has paid a dividend that is equal to or greater th...
