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Southern Co (BSP:T1SO34) 3-Year Dividend Growth Rate : 3.10% (As of Mar. 2024)


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What is Southern Co 3-Year Dividend Growth Rate?

Southern Co's Dividends per Share for the three months ended in Mar. 2024 was R$2.42.

The historical rank and industry rank for Southern Co's 3-Year Dividend Growth Rate or its related term are showing as below:

BSP:T1SO34' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.4   Med: 3.4   Max: 4.2
Current: 3.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southern Co was 4.20% per year. The lowest was 0.40% per year. And the median was 3.40% per year.

BSP:T1SO34's 3-Year Dividend Growth Rate is ranked worse than
58.45% of 296 companies
in the Utilities - Regulated industry
Industry Median: 5 vs BSP:T1SO34: 3.10

During the past 12 months, Southern Co's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Southern Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.49. As of today, Southern Co's Dividend Yield % is 2.81%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southern Co is 0.77, which seems too high.

Warning Sign:

Southern Co stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Southern Co's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Southern Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Co's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southern Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Southern Co's 3-Year Dividend Growth Rate falls into.



Southern Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Southern Co  (BSP:T1SO34) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Southern Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=2.423/ 4.912
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Southern Co was 3.44. The lowest was 0.59. And the median was 0.91.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southern Co is 0.77, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Southern Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 2.4185912024-02-192024-02-162024-03-12Cash DividendquarterlyBRL:BRL 1.000000
BRL 2.3982572023-11-172023-11-162023-12-12Cash DividendquarterlyBRL:BRL 1.000000
BRL 2.4416702023-08-182023-08-172023-09-13Cash DividendquarterlyBRL:BRL 1.000000
BRL 3.4379802023-05-122023-05-112023-06-13Cash DividendquarterlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Southern Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=10.696498/379.99
=2.81 %

Current Share Price is R$379.99.
Southern Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$10.696498.

During the past 13 years, the highest Dividend Yield of Southern Co was 5.43%. The lowest was 2.81%. And the median was 4.39%.

Warning Sign:

Southern Co stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southern Co 3-Year Dividend Growth Rate Related Terms>


Southern Co (BSP:T1SO34) Business Description

Traded in Other Exchanges
Address
30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308
Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

Southern Co (BSP:T1SO34) Headlines

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