Overview
Description
Southern Company Preferred Stock is a type of equity security representing a financial interest in Southern Company, a major energy utility based in the United States. This preferred stock is designed to offer a fixed dividend to investors before any distributions are made on common stock, providing a more stable income stream. Preferred stocks like these often attract income-focused investors due to their higher yield potential compared to common stocks. Southern Company operates primarily in the energy sector, focusing on the generation, transmission, and distribution of electricity. The company has significant infrastructure in place to support its operations in regulated and wholesale energy markets. By issuing preferred stock, Southern Company can raise capital while offering investors a priority claim on earnings, contributing to its financial stability and market operations within the energy industry.
About
CEO
Employees
0
Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNYS