Next Stock Purchase – Southern Company (NYSE: SO)

My next stock purchase will be an established utility company.  Southern Company, through its subsidiaries, operates as a utility company that provides electric service in the southeastern United States.  The company generates, transmits, and distributes electricity through coal, nuclear, oil and gas, and hydro resources.

Them company pays a nice steady dividend around 5% and is fairly valued with a P/E of about 16.  Definitely not the most exciting company, but considered a relatively conservative investment that will provide a steady dividend and moderate capital appreciation over the long-term.  There may be some risk with nuclear energy coming under scrutiny, but I believe it is minimal — 15% of Southern’s electricity production comes from nuclear generation.

The stock has a 4-star CAPS rating from Motley Fool.  Current price is $38.31 per share.


About runninginspired

I’m in my mid-40s and have been running for about 19 years. I have finished 24 marathons with a personal best time of 3:04. I currently reside in San Diego, CA. I enjoy running since it keeps you honest and will give back what you put into it. Work hard, but smart, and good results will eventually follow. I like to experiment with training plans, gadgets, shoes, and nutrition to find what works for me. The primary purpose of this blog is to document my training and thoughts about running in my ongoing quest to improve my fitness and health.
This entry was posted in Investing, Stock Picks and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s