Southern Co (NYSE:SO) Updates On Quarterly Dividend


As per Southern Co (NYSE:SO) statement on 2016-07-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.56 per share as dividend to stakeholders. The record date is set as 2016-08-15, the payout date as 2016-09-06 and the ex-dividend date is 2016-08-11.

Last fiscal Southern Co (NYSE:SO) disbursed cash dividend of $0.56. A year ago, the payout was $0.56, which indicates a difference of 3.3614%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.56, implying 3.6128% growth.

For the period ended on 2015-12-31, Southern Co (NYSE:SO)’s earnings came at $0.74 per share compared to EPS of $1.17 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $1.16 per share.

The interim price target for Southern Co (NYSE:SO) is set at $53.125. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Southern Co (NYSE:SO) is seen at $62 and the lowest level is established at $46. This broad range highlights a standard deviation of $4.486 in reported estimates.

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