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Fly News Breaks for January 24, 2019
SO
Jan 24, 2019 | 08:28 EDT
Citi analyst Praful Mehta upgraded Southern Company to Neutral from Sell and raised his price target for the shares to $50 from $45. The analyst believes the company's Vogtle site is showing "good progress" following a visit. Challenges related to earned hours and labor issues are mostly addressed, Mehta tells investors in a research note. He upgrades Southern Company to Neutral saying near-term Vogtle risks are under control.
News For SO From the Last 2 Days
SO
Apr 22, 2024 | 11:53 EDT
Southern Company announced is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.88 per share. Southern Company also announced a regular quarterly dividend, including an increase of 2 cents per share over the prior quarter, of 72 cents per share, payable June 6, 2024 to shareholders of record as of May 20, 2024.