In a challenging economic climate, Southern Co (NYSE:SO) (SOJD) stock has touched a 52-week low, with shares falling to $20.36. The $91 billion utility giant maintains a strong dividend track record, having raised dividends for 23 consecutive years according to InvestingPro data. This latest price point reflects a significant downturn from the previous year, with the stock experiencing a 1-year change of -9.84%. With a beta of 0.51 and an overall Financial Health score rated as GOOD by InvestingPro, the company demonstrates relative stability amid market turbulence. Investors are closely monitoring Southern Co's performance as it navigates through the headwinds of market volatility and industry-specific pressures. The company's ability to rebound from this low will be telling of its resilience and potential for recovery in the coming quarters. Get access to 6 more exclusive InvestingPro Tips and comprehensive financial analysis at InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.