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The Southern Company (SO): A Hidden Gem in the Dividend Champions List
Yahoo Finance· 2025-10-05 19:22
Group 1 - The Southern Company (NYSE:SO) is recognized as one of the Best Dividend Stocks and is included in the Dividend Champions List [1][2] - The company operates electric and gas utilities, as well as providing fiber-optic and wireless communication services, serving over 9 million customers in the Southeast [2] - Southern Company has a significant presence in nuclear energy, managing eight reactors across three facilities, including the recently launched Vogtle Units 3 and 4, marking the first new commercial reactors in the US in about thirty years [3] Group 2 - Utility stocks, including Southern Company, are generally viewed as stable investments due to consistent energy demand and regulatory frameworks that stabilize prices and support infrastructure investment [4] - Southern Company has a strong track record with 24 consecutive years of dividend increases and has paid dividends without interruption for 78 years, with a current quarterly dividend of $0.74 per share and a dividend yield of 3.15% as of October 2 [4]
Huntington Bank Announces Jim Danneman as Regional President for Southern Ohio/Kentucky Region
Prnewswire· 2025-10-03 14:15
Core Insights - Huntington National Bank has appointed Jim Danneman as Regional President for the Southern Ohio/Kentucky region, bringing over 30 years of experience in commercial and private banking [1][2] Company Overview - Huntington Bancshares Incorporated is a regional bank holding company with $208 billion in assets, headquartered in Columbus, Ohio, and operates 971 branches across 13 states [6] Leadership and Strategy - Jim Danneman is recognized for his integrity, market insight, and relationship-building skills, which are expected to positively impact the Southern Ohio/Kentucky team [2] - Danneman will lead Huntington's regional banking model, focusing on strategic leadership and expanding business and community relationships in the region [2][3] Regional Operations - Huntington Bank operates approximately 50 branches in the Southern Ohio/Kentucky region and employs nearly 800 staff, offering a comprehensive suite of financial services [3] Personal Background - Jim Danneman has held various roles at Fifth Third Bank, U.S. Bank, and Bank of America, most recently leading the Middle Market banking team for Fifth Third's Cincinnati region [3][4] - He holds a BSBA in Economics and an MBA from Xavier University and is actively involved in community service [4]
Dividend Champions List: Top 15 Stocks to Buy
Insider Monkey· 2025-10-03 00:11
Core Insights - The article discusses the best dividend stocks for a dividend champions list, focusing on companies that have consistently increased their dividends for 25 years or more [2][5]. Dividend Champions Overview - Dividend champions are distinguished from dividend aristocrats by not needing to be part of the S&P Index, but they share a commitment to increasing dividend payouts [2]. - The ability to grow dividends through challenging times, such as the pandemic, highlights the resilience of these companies [3]. Market Trends - There is a growing interest in dividend stocks among younger investors, particularly Gen Z, who are seeking financial independence and early retirement [4]. - Income-focused ETFs have gained significant traction, capturing about one in every six dollars flowing into equity ETFs, with the sector reaching approximately $750 billion by 2025 [5]. Methodology for Stock Selection - The selection process involved analyzing over 150 dividend champions and identifying those with the highest dividend yields as of October 2 [7]. Company Highlights - **The York Water Company (NASDAQ:YORW)**: - Offers a dividend yield of 2.91% and has paid dividends since 1816, increasing payouts for 28 consecutive years [9][12]. - Operates in a monopoly-like environment, providing stable cash flow due to the high costs of establishing utility services [11]. - **The Southern Company (NYSE:SO)**: - Provides a dividend yield of 3.15% and has a strong reputation in nuclear energy, overseeing eight reactors [13][15]. - Has a record of 24 years of consecutive dividend increases and has paid dividends without interruption for 78 years [15]. - **Stepan Company (NYSE:SCL)**: - Offers a dividend yield of 3.16% and has increased its dividend for 57 straight years [16][19]. - Reported an 8% increase in adjusted EBITDA to $51.4 million in the second quarter, with strong growth in its Polymers and NCT product lines [17][18].
Southern Linc and Georgia State Agencies Celebrate Interoperability Project with Ceremony at the Capitol
Prnewswire· 2025-10-01 14:00
Core Insights - Southern Linc has completed the Georgia Statewide Communications Interoperability Project, enhancing radio communications for public safety and emergency management agencies across Georgia [1][2][3] - The project allows various state agencies to operate cohesively during emergencies, improving response times and operational efficiency [4][6] Group 1: Project Overview - The Georgia Statewide Communications Interoperability Project integrates disparate radio systems of first responders and government agencies, enabling unified communication [1][4] - Southern Linc's CriticalLinc™ LTE network provides state, regional, and nationwide MCPTT communication capabilities [2][3] Group 2: Benefits and Impact - The enhanced communication system has expanded Georgia's radio communications by thousands of miles, allowing seamless monitoring and support during evolving events [3][5] - The project has already proven invaluable in emergency responses, such as Hurricane Helene and interstate criminal pursuits [3][4] Group 3: Partnerships and Technology - The project exemplifies collaboration between Southern Linc and various state agencies, enhancing public safety communications systems [6] - Southern Linc utilized L3Harris radios and LMR-to-LTE radio network gateways to integrate multiple radio systems [4][6]
Enduro Metals and Southern Empire Finalize Earn-In to the Pedro Gold Project, Mexico
Newsfile· 2025-10-01 11:30
Core Points - Enduro Metals Corporation and Southern Empire Resources Corp. have finalized the acquisition of the Pedro Gold Project in Mexico, covering 1,750 hectares [1][2] - Southern Empire will acquire a 100% interest in the Pedro mineral tenements by issuing 2,000,000 common shares to Enduro and committing to a future milestone payment of $2,000,000 upon commercial production [2] - Enduro retains a 2% net smelter return royalty interest with no buy-down provision [2] Project Details - The Pedro Gold Project is located 80 km from Torreon, Mexico, and features a gold exploration target outlined by a geochemical anomaly [4] - Historical sampling returned gold values up to 2.3 ppm, with significant intervals identified during Southern Empire's 2022 drilling [4] - The project is considered a non-core asset for Enduro, which is focusing on its Newmont Lake Project in British Columbia [3] Company Information - Enduro Metals is primarily focused on the Newmont Lake Project, which spans 688 km² and includes multiple deposit environments of interest [9] - The company has a broader portfolio of mineral projects across Canada, including the advanced Burn porphyry copper and gold project [9] - The restructuring of the earn-in agreement allows for renewed activity at the Pedro Gold Project after years of inactivity due to regulatory and market conditions [3]
Southern Company third-quarter earnings to be released October 30
Prnewswire· 2025-09-30 14:00
Core Points - Southern Company is set to release its third-quarter earnings for 2025 on October 30, 2025, at 7:30 a.m. ET, followed by a conference call at 1 p.m. ET [1][2] - The company serves 9 million customers across the Southeast and is committed to achieving net-zero greenhouse gas emissions by 2050 [3] Earnings Release - The earnings release will be available for public access through a live webcast, with a replay accessible for 12 months [2] - The second-quarter earnings for 2025 were reported at $0.9 billion, or $0.80 per share, down from $1.2 billion, or $1.10 per share in the previous year [4] Company Overview - Southern Company operates electric and natural gas distribution companies across multiple states and is involved in competitive generation and distributed energy solutions [3] - The company emphasizes innovation, resilience, and sustainability in its operations, aiming to meet customer and community needs [3]
Things to Weigh Before Choosing Between OKLO and SO Stock
ZACKS· 2025-09-29 13:21
Core Insights - Nuclear energy is experiencing a global revival, with a goal to triple capacity by 2050, driven by the need for clean baseload power for electrification and artificial intelligence [1] - Oklo Inc. represents a high-risk, high-reward investment focused on small modular reactors, while Southern Company offers stability and proven returns through its established nuclear operations [2] Group 1: Company Profiles - Oklo is an innovative company with a focus on Aurora microreactors aimed at providing compact nuclear power solutions for various sectors, projecting a pipeline of 14 GW that could yield $5 billion in annual revenues by 2028 [3] - Southern Company is a regulated utility with a long history of dividend stability, having delivered 78 years of dividends and 24 consecutive years of increases, appealing to income-focused investors [6] Group 2: Financial Performance - Oklo is currently pre-revenue, with its first unit expected to generate power by 2027 or 2028, facing significant regulatory and construction challenges [4] - Southern Company generates nearly $27 billion annually and reported an EPS of $4.05 in 2024, showcasing its operational scale and stability [10] Group 3: Market Performance - Oklo's stock has surged over 400% year-to-date, driven by investor enthusiasm for small modular reactors, while Southern Company has seen a modest 15% gain [11] - Valuation metrics indicate Oklo trades at a high price-to-book ratio of 22.15X, reflecting speculative growth expectations, whereas Southern Company trades at a more stable 2.79X P/B [12] Group 4: Earnings Outlook - Southern Company's EPS is projected to grow by 5.4% in 2025 and 7.4% in 2026, indicating steady growth [14] - Oklo, while pre-revenue, is expected to show a volatile earnings trajectory with a projected growth of 32.4% in 2025 followed by a decline of 10.6% in 2026 [17] Group 5: Conclusion - Both companies are linked to nuclear power but cater to different investment profiles; Oklo offers high-risk potential with future commercialization, while Southern Company provides dependable income and steady growth from its established nuclear fleet [18]
Anniversary of Hurricane Helene reinforces importance of severe weather preparedness for Georgia Power and customers
Prnewswire· 2025-09-26 15:00
Core Insights - Georgia Power experienced its most destructive storm in history with Hurricane Helene, which caused unprecedented damage across the state, leading to 53 counties being declared major disaster sites by FEMA [1][3] - The company mobilized its largest restoration operation ever, involving over 20,000 personnel and significant resources to restore power to affected customers [3][5] Preparation and Response - Georgia Power monitored weather conditions 24/7 and anticipated severe damage from Hurricane Helene more than a week in advance, taking proactive measures to prepare for the storm [2] - The restoration efforts included repairing or replacing over 11,800 power poles, 1,500 miles of power lines, and 5,800 transformers, with some areas requiring complete rebuilding of the power grid [3] Restoration Achievements - Despite the extensive damage, 95% of impacted customers had their power restored within 8 days, with over 523,000 customers restored within the first 48 hours [4] - The company received the Edison Electric Institute Emergency Recovery Award for its exceptional efforts in restoring service swiftly after Hurricane Helene [5][7] Customer Engagement and Resources - Georgia Power offers various tools and resources for customers to stay informed during severe weather, including an Outage Alert service, an interactive Outage Map, and a mobile app [6] - The company emphasizes the importance of customer preparedness and awareness during the ongoing 2025 Atlantic hurricane season [4] Company Overview - Georgia Power is the largest electric subsidiary of Southern Company, serving 2.8 million customers and maintaining a diverse energy generation mix [8] - The company is recognized for its commitment to delivering reliable and affordable energy, with rates below the national average and high customer satisfaction ratings [8]
Southern Company (NYSE:SO) Overview and Financial Performance
Financial Modeling Prep· 2025-09-25 22:03
Core Insights - Southern Company is a major energy provider in the U.S., operating through various subsidiaries, including Southern Telecom, and competes with Duke Energy and NextEra Energy in the utility sector [1] Financial Summary - On September 25, 2025, Morgan Stanley's David Arcaro set a price target of $92 for Southern Company, indicating a slight overvaluation as the stock was trading at $93.80, reflecting a -1.91% difference [2] - The current stock price is $93.77, showing a decrease of approximately 0.68% from the previous day [2] - The stock has declined by $0.65 today, with a trading range between $93.63 and $95.06 [4] - Over the past year, the stock has fluctuated between a high of $96.44 and a low of $80.46 [4] - The company's market capitalization is approximately $103.15 billion, with a trading volume of 2,891,135 shares today [4][5] Strategic Developments - Southern Telecom, a subsidiary of Southern Company, has partnered with Seimitsu to launch SouthernWaves, a new fiber-optic network service aimed at enhancing digital infrastructure in the Southeastern U.S. [3][5] - This partnership combines Southern Company's dark fiber offerings with Seimitsu's lit services, supporting initiatives like the South Downtown Atlanta project [3]
Centrus Details Plans to Add At Least 300 New Jobs in Southern Ohio With Multi-Billion-Dollar Investment
Prnewswire· 2025-09-25 08:00
Core Viewpoint - Centrus Energy is planning a significant expansion of its uranium enrichment plant in Piketon, Ohio, in collaboration with state and federal officials [1] Group 1: Company Expansion - The expansion of Centrus Energy's uranium enrichment plant is being announced in partnership with Ohio Governor Mike DeWine, U.S. Senator Jon Husted, and U.S. Congressman Dave Taylor [1] - The initiative is supported by JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development [1]