Southern Company: Solid Dividend Stock That Will Likely Hold Up Well During Recession

Nov. 10, 2022 7:19 AM ETThe Southern Company (SO)12 Comments
Christopher Price profile picture
Christopher Price
2.2K Followers

Summary

  • Increasingly, pundits are expecting a recession in 2023.
  • Those interested in capital preservation would do well to look at companies that have products consumers absolutely need.
  • Utility companies provide solid dividends, and they are likely to continue with solid revenue even if the broader market drops.
  • Southern Company is a strong dividend payer that should continue bringing in revenue regardless of whether a recession hits.

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There is quite a bit of economic anxiety in the United States. Indeed, much of the world is concerned over supply chains, inflation, and the possibility of recession. Many pundits expect a recession to hit the American economy in

Southern Company YTD performance

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This article was written by

Christopher Price profile picture
2.2K Followers
Chris is a history instructor at a community college. He is building a dividend-paying stock portfolio that is hopefully low on the risk scale to build up income for his golden years.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I am not an investment professional. The preceding is intended for informational and educational purposes. Please make sure to perform due diligence before investing in equities, as losses up to all capital invested can occur.

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