Southern CO (SO) Announces Consistent Quarterly Dividend

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2 days ago
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  • Southern Company (SO, Financial) maintains its quarterly dividend, offering a modest forward yield.
  • Analysts provide mixed forecasts with a slight upward potential in stock price.
  • GuruFocus estimates indicate a significant downside from the current stock price.

Southern Company (SO) has reaffirmed its quarterly dividend at $0.02 per share, equating to a forward yield of 0.09%. Shareholders eligible for this dividend must be on record by May 19, with the dividend payout scheduled for June 6. This date is crucial for those considering the ex-dividend opportunity.

Wall Street Analysts' Forecast

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In analyzing Southern Co's stock through the lens of Wall Street, 16 analysts have set a one-year price target with an average of $92.52. The targets range from a high of $104.00 to a low of $72.86, offering an average upside potential of 2.82% from the current trading price of $89.99. For investors seeking a comprehensive analysis, additional price estimates can be viewed on the Southern Co (SO, Financial) Forecast page.

The consensus from 20 brokerage firms positions Southern Co at an average brokerage recommendation of 2.6, which is interpreted as a "Hold". The recommendation scale runs from 1, representing a Strong Buy, to 5, indicating a Sell.

GuruFocus Valuation Insights

According to GuruFocus' GF Value estimates, Southern Co (SO, Financial) is projected to be valued at $75.46 in a year's timeframe. This represents a notable downside of 16.14% from its current price of $89.99. The GF Value metric is a key GuruFocus valuation tool that calculates the fair trading value of stocks using historical trading multiples, past business growth data, and future business performance forecasts. For further details on these estimates, the Southern Co (SO) Summary page provides extensive insights.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.