Southern Company (SO) provides a higher dividend yield of 3.4%, making it ideal for retirees needing immediate income, supported by stable earnings and a conservative balance sheet. NextEra Energy (NEE), with a lower 2.89% yield, focuses on faster dividend growth driven by strong regulatory capital expansion and renewable energy projects, targeting about 10% annual dividend growth initially. Southern suits income-first retirees valuing stability, while NextEra appeals to those seeking growing income and total returns over time. The choice depends on whether retirees prioritize current cash flow or future dividend growth potential.
As of Sep 14, 2026 21:12 WIB, Southern Company (SO) trades at USD 86.93 with a dividend yield of 3.49%, slightly above the article's figure. NextEra Energy (NEE) is priced at USD 81.80 and offers a 3.03% dividend yield on Pluang. Both stocks show small declines on the day, with SO down 0.28% and NEE down 0.62%, reflecting current market movements during this period.
