The Southern Company Just Gave Us a Hint About When Its Dividend Will Grow Again
The Southern Company (NYSE: SO) has an enviable dividend track record in one way, and yet the dividend has been a less-than-stellar performer in another. But the next decade for this large regulated U.S. utility is likely to look very different from the last one.
That is good for dividend investors, with management spelling out a pretty clear target for the positive changes it sees ahead.
Southern has increased its dividend annually for 22 consecutive years. But that's just the start of the dividend record here, since it has held steady or increased for a full 76 years.
Source Fool.com
