Southern Co

Southern Co DRIP Rating:
Quick Takeaway:

Southern Company offers a DRIP plan with an optional cash purchase option for DRIP investors. The company's fees on optional cash purchases are higher than average; however, fees related to dividend reinvestments are paid by the company.

Ticker Symbol: SO Exchange: NYSE

Investor Contact Information:
Transfer Agent: Wells Fargo
Mail: P.O. Box 64856
St. Paul, MN 55154
Phone: 800-554-7626
IR website


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2012 2013 2014 2015 2016 2017
Dividend $1.94 $2.01 $2.08 $2.15 $2.22 $2.30
Annual Increase 3.6% 3.6% 3.5% 3.4% 3.3% 3.6%
DRIP Plan Summary: Fees/Investment Options
Consecutive Years of Higher Dividends: 17
Purchase Fee: $2.50 + $0.06/share
Dividend Reinvestment Fee: None (paid by Southern Company)
Discount on Reinvested Dividends:
Direct Enrollment (DE): None
DE Minimum Investment: Yes
Optional Cash Purchase: $250
OCP Minimum: $25
OCP Maximum: $300,000
OCP Purchase Frequency: Weekly
Transfer Agent: Wells Fargo