Southern Company (NYSE:SO)
The Company through its traditional operating companies, provides electric service in four Southeastern states.
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southeast utility in a growth area.
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SO is about to catch a break in energy costs for the next year. Their efficient neuclier operations will now be complemented with low fuel oil to supply their growing customer base. Love that 3.5 Div also. Talk about Southern Comfort!
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Good dividend yield, good safe pick. One of the best utilities to invest in, did underperform the DJ Utility index, but in the last couple of months, has begun a slow rise that is now beating the DJ Utility index, and should continue to do so.
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Fuel cost variations & uncertainties
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This is an income producing utility, the only reason to own it is income, and right now TIPS are a better buy.
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Won't set the world on fire but reminds me a lot of "Old Faithful," and just keeps on performing in a nice consistent fashion.
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dividends!
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