Southern

Across the southeastern United States, Southern Company delivers electricity and natural gas to roughly nine million customers through regulated utilities including Georgia Power and Alabama Power. As a regulated monopoly across most of its territory, it earns steady, state-approved returns on the power plants and pipes it builds, which is why the stock is owned largely for its dependable dividend rather than fast growth. Its most closely watched project has been Plant Vogtle in Georgia, where two new reactors became the first newly built nuclear units in the United States in decades; they arrived years late and billions over budget but now generate carbon-free power for the region. Based in Atlanta and dating to 1945, Southern also runs a large natural-gas distribution arm. Its earnings are shaped less by markets than by regulators, weather and the cost of the capital it spends on the grid.

On MyRWA, SO trades tokenized across 2 on-chain venues - see the listings below.