Southern Company (The) (NYSE:SO – Get Free Report) declared a quarterly dividend on Wednesday, January 28th. This represents a c) annualized dividend and a dividend yield of 3.3%. Southern has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 25 years. Southern has a payout ratio of 64.8% meaning its dividend is sufficiently covered by earnings. Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.