This High Yielder Is Telling Investors That 2025 Will See an Important Dividend Pivot
Southern Company (NYSE: SO) is one of the largest regulated utilities in the United States. It is offering investors a dividend yield of roughly 4.2% today, which is notably higher than the roughly 3.7% for the average utility, using Vanguard Utilities Index ETF (NYSEMKT: VPU) as a proxy. But the story gets even better when you look out to 2025.
To understand why 2025 is so important, investors need to go back in time by a decade or so. That was when Southern was just getting ready to start building two new nuclear power plants, collectively known as the Vogtle project. Building a large-scale nuclear power plant is no easy task. They are complex, expensive, and time consuming to construct.
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Source Fool.com
