A Safe High-Yield Dividend Stock For Retirees

Yield-starved investors should familiarize themselves with this company, a highly dependable business that has paid dividends every quarter for more than 65 consecutive years. With a high yield of 4.4%, low stock price volatility, and a track record for outperforming the S&P 500 Index over the last 30 years, it is the type of business that we like to review for our Conservative Retirees and Top 20 Dividend Stocks portfolios.

The Southern Company (SO) is a major producer of electricity in the U.S. that has been in business for more than 100 years. The holding company's four retail regulated utilities serve approximately 4.5 million customers across Georgia, Alabama, Florida, and Mississippi. Approximately 90% of Southern Company's earnings are from regulated subsidiaries, and the company also has a small wholesale energy company.

Source: Seeking Alpha

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