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Southern Company (SO)

Utilities · Electric and gas utilities

A diversified utility holding company providing electric power across the Southeast and natural gas distribution across four states.

What Southern Company does

Southern Company is a holding company that owns three traditional vertically integrated electric utilities (Alabama Power, Georgia Power, and Mississippi Power) serving retail and wholesale customers across the Southeast, Southern Power Company which develops and operates power generation and battery storage assets, and Southern Company Gas which distributes natural gas in Illinois, Georgia, Virginia, and Tennessee. The company also operates telecommunications, nuclear power, microgrids, and energy services businesses through various subsidiaries.

Themes: ["Electric utilities / Southeast US"]

Fundamentals

Dividend: yield +3.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Regulatory risk: rates and returns are subject to approval by state public service commissions (Georgia, Alabama, Mississippi, Illinois, Virginia, Tennessee), which could limit growth or profitability"]

See SO's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.