The Southern Company (NYSE:SO) is listed among the 10 Best and Safe Dividend Stocks to Buy Now, highlighting its consistent utility yield. With eight nuclear units managed by its subsidiary, Southern Nuclear, including recently completed Vogtle Units 3 and 4, SO is a leading player in nuclear energy in the US.

SO, through its subsidiaries, is involved in power generation, transmission, electric and gas utilities, nuclear operations, and telecom. The company projects an 8% annualized growth in power demand through 2029, supporting a 5-7% annual earnings-per-share growth. SO has a strong history of dividend reliability, having raised dividends for 24 years consecutively.

The Southern Company (NYSE:SO) has maintained uninterrupted dividend payments for 78 years, with a current quarterly dividend of $0.74 per share and a yield of 3.10% as of July 27. While SO is a solid investment, certain AI stocks may offer greater upside potential with less downside risk. Explore opportunities in the AI sector for potential growth.

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Read more at Yahoo Finance: Southern Company’s (SO) Consistent Utility Yield