How The Southern Company’s (SO) Dividend Resilience Makes it One of the Best Dividend Stocks to Buy Under $100

The Southern Company (NYSE:SO) is included among the 13 Best High Dividend Stocks to Buy Under $100.

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The Southern Company (NYSE:SO) is a Georgia-based gas and electric utility holding company. In its latest earnings release, the company revealed that it had raised its five-year base capital plan by $13 billion, bringing the total to $76 billion. As of the second quarter of 2025, it was also reviewing around 10 gigawatts (GW) of new generation requests.

The Southern Company (NYSE:SO) also noted that it has a pipeline exceeding 50 GW of potential customer load, supported by strong demand from hyperscale clients and data centers in Georgia, Alabama, and Mississippi. The company emphasized its focus on disciplined, risk-adjusted contract structures designed to safeguard customer benefits while maintaining financial flexibility.

The Southern Company (NYSE:SO) is popular among income investors because of its solid dividend history. The company currently offers a quarterly dividend of $0.74 per share, having raised it by 2.8% in April 2025. This marked the company’s 24th consecutive year of dividend growth. Moreover, SO has paid regular dividends to shareholders for the past 78 years. The stock supports a dividend yield of 3.24%, as of September 18.

While we acknowledge the potential of SO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.