Cahaba Wealth Management Inc . Sells 26 , 061 Shares of The Southern Company ( NYSE : SO )

You are currently viewing Cahaba Wealth Management Inc . Sells 26 , 061 Shares of The Southern Company ( NYSE : SO )
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is a large institutional investor with a significant presence in the utilities sector. The firm manages over $10 billion in assets under management (AUM).

These ratios indicate that the company is financially healthy, but they also suggest that it may be vulnerable to economic downturns. **Southern Company’s Financial Health**

The Southern Company is a major player in the energy sector, operating in the electric power generation, transmission, and distribution business. It serves over 9 million customers across 15 states. The company’s financial health is a crucial factor in its ability to meet its obligations and provide reliable service to its customers.

The summary provided focuses on the recent dividend announcement and analyst ratings changes for Southern Company (SO). **Key Points:**

* **Dividend Announcement:** Southern Company declared a quarterly dividend of $0.72 per share, payable on September 6th. * **Dividend Yield:** The dividend yield is 3.26%, based on an annualized dividend of $2.88 per share.

00. This insider selling activity is noteworthy because it comes after a period of strong performance for Southern Company, with the stock price rising significantly in recent months. The stock has gained over 20% since the beginning of the year, and is currently trading at a price of $89.00. The insider selling activity also raises questions about the potential motivations behind the sale.

The company operates in 11 states across the Alabama, Georgia, Florida, and Tennessee regions. The Southern Company’s business model is based on a vertically integrated approach, meaning it controls all stages of the electricity generation process, from the initial exploration of natural resources to the delivery of electricity to customers. This vertical integration allows the company to optimize its operations and ensure a consistent supply of electricity. The company’s core business activities include:
* **Generation:** Southern Company operates a diverse portfolio of power plants, including coal, nuclear, natural gas, and renewable energy sources.

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