20 Great Dividend Paying Stocks
#11 Southern Company (SO)
Dividend Yield: 4.7%
Southern Company is a dividend paying stock that has a nice 17 year dividend growth streak with a current dividend yield of 4.7%. The electric power company has been open or more than 100 years and is based out of Atlanta. Southern Company is one of the biggest producers of electricity in the United states, and delivers electricity to more than nine million customers who rely on them for both electric and gas delivery. More than 90% of the company’s earnings come from regulated subsidiaries making its overall cash flow both regular and predictable. Compared to similar companies located in other regions in the country, Southern Company benefits from a favorable regulatory environment in the southeast.
