Summary
- Southern Company is doing very well as it moves closer to the completion of nuclear unit Vogtle 3 in early 2023.
- As both Vogtle 3 and 4 are close to completion, Southern Company is in a good spot to accelerate EPS growth, reduce leverage, and improve shareholder distributions.
- The company has a decent yield, very consistent dividend growth, and a healthy balance sheet.
- The stock remains a top pick for income-oriented investors as well as everyone looking to add some low-volatility yield.
For further details see:
What Makes Southern Company's High Yield So Special