This week I’m seeking the one and only dividend-paying stock from the utilities business sector for my Ivy portfolio.
That utilities sector has five industries including diversified, independent, regulated electric, regulated gas, and regulated water.
Today I’m reviewing a Large-cap regulated electric company, named Southern Company. Its trading ticker symbol is SO.
Southern Co is an electricity generating company. It develops, constructs, acquires, owns, and manages generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland, as well as provides gas marketing services, wholesale gas services, and gas midstream operations.
The company has 46,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million electric and gas utility customers.
It also provides products and services in the areas of distributed generation infrastructure, energy efficiency, and utility infrastructure. In addition, the company offers digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data.
The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.
I use three key data points to gauge the value of any dividend equity or fund like Southern Company:
(1) Price
(2) Dividends
(3) Returns
Besides those three, four more keys will finally unlock an equity or fund in which to invest.
But those first three primary keys, best tell whether a company has made, is making, and will make money.
SO Price
Southern’s price per share was $47.26 at yesterday’s market close. A year ago its price was $51.36 for a price drop of $4.10 per share for the year, that’s an 8% tumble.
