This article analyzes the financial data of Southern Company's preferred stock (SOJC), traded on the New York Stock Exchange. We'll examine key metrics and trends to provide insights into SOJC's performance. Please note that this analysis is based on publicly available financial data and does not include any company statements or future projections.

Key Financial Highlights

SOJC has a high dividend yield compared to the average for utility stocks, which is typically around 3-4%. This makes it an attractive option for income-seeking investors. The high P/E ratio suggests that investors are willing to pay a premium for SOJC's earnings potential.

Market Capitalization: $23.07 billion (Source: Provided financial data)

Dividend Yield: 9.86% (Source: Provided financial data)

P/E Ratio: 27.875 (Source: Provided financial data)

Dividend History

Southern Company has a strong track record of paying dividends on its preferred stock. The chart below shows the number of dividends paid each year since 2018.

Outstanding Shares Analysis

The total number of outstanding shares of SOJC has been steadily increasing over the past decade. This trend indicates the company's ongoing efforts to raise capital and potentially fund expansion or operational needs.

Fun Fact:

"Southern Company is one of the largest utility companies in the United States, serving 9 million customers in the Southeast. It's also a leader in renewable energy, with a growing portfolio of solar, wind, and hydroelectric facilities. (Source: Southern Company website)"