Southern Company: A Buy Even If You Don't Believe The AI Hype; Dividend Aristocrat Status Near

Pacifica Yield13.8K FollowersFollow5ShareSavePlay(6min)CommentsSummarySouthern Company is paying a 3.14% dividend yield, and is set to hike this in April as it stands to become a Dividend Aristocrat.This requires 25 consecutive years of dividend hikes, and SO has raised its dividend in the low-to-mid single digits every year for 24 years.While the current yield offers a negative 95 basis points spread to the U.S. 10-year Treasury yield, the Southeast-focused electric utility is set to grow EPS by around 8%. SeanPavonePhoto/iStock via Getty Images Southern Company (SO) offers a low-volatility source of utility-scale income for income investors looking to add exposure to the AI boom. I am seeking total returns from the aggregate of its ongoing dividend yield andThis article was written byPacifica Yield13.8K FollowersFollowThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure: I/we have a beneficial long position in the shares of SO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.