I have held this stock since the mid- 1980s. There was a time when SO would split anytime shares approached $30- $40/share. The company's policy appealed to the widow and orphan small retail investors.
Price $41 1/8
Stock splits really are not needed. They create nothing.
Anyone can buy $250+ of stock in SO directly for a 1 time fee of $10.
Southern Investment Plan
The Southern Investment Plan provides a convenient way to purchase shares of Southern Company common stock. Key features of the Plan include:
$250 minimum initial investment with a one time enrollment fee of $10 for new investors
No costs to purchase shares
Ability to invest additional amounts - $25 minimum
Weekly purchases with cash investments
Investment through direct debit of bank accounts