Southern Co. raises dividend to boost implied yield above 3.5%

<p>Shares of Southern Co. rose 0.1% in afternoon trading Tuesday, after the electric and gas distribution company said its quarterly dividend was being raised by 3.0%, to boost the dividend yield above 3.5%. The new quarterly dividend of 68 cents a share, up from 66 cents, will be payable June 6 to shareholders of record …</p>
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