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The Southern Company has announced a 2.7% increase in its quarterly dividend, raising the payout to $0.76 per share. This hike marks the 25th consecutive year of dividend increases for the utility giant, reinforcing its commitment to shareholder returns. The dividend is scheduled to be paid on June 8 to shareholders of record as of May 18. At current levels, the increase brings the company's annual dividend yield to approximately 3.24%. Management stated that the move aims to provide long-term shareholder value while supporting capital investments necessary to meet rising power demand. While the increase is modest, it aligns with the company's historical profile of steady and predictable growth.
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