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 company reported strong quarterly financials, including $6.98 billion in revenue and a 24.2% operating profit margin over the trailing twelve months. This clarification helps investors focus on Southern Company's core utility business rather than unrelated mining news.
Southern Company holds a market cap of $103.98 billion and offers a dividend yield of 3.36% on Pluang as of Oct 23, 2026 02:51 WIB. The stock price is currently $93.65, up 3.61% in the last day, reflecting active trading with a volume of 4,653,591 shares. This strong market presence complements the recent positive financial results and HSBC's Buy rating mentioned in the news.
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...
