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The Southern Company (SO) Raises its Dividend by 2.7% to $0.76 per Share
The Southern Company (SO) has increased its quarterly dividend by 2.7% to $0.76 per share, marking its 25th consecutive year of dividend growth. This utility company boasts a 79-year dividend history and an annual yield of 3.24%. The company also increased its capital investment plan to $81 billion over the next five years to meet rising power demand.