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Southern Company boosts quarterly dividend to 76c from 74c
Southern Company (SO) announced an increase in its quarterly dividend from 74 cents to 76 cents per share, payable on June 8 to shareholders of record as of May 18. This marks 25 consecutive years of dividend increases for the company, raising the annualized rate to $3.04 per share. The company emphasizes its commitment to total shareholder return and delivering predictable value.