5 Companies Likely to be Dividend Aristocrats in the Future

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1. The Southern Company (NYSE:SO)

Consecutive Years of Dividend Growth: 22

The Southern Company (NYSE:SO) is a Georgia-based electric power distribution company that also provides clean, safe, and reliable energy services to its consumers. It tops our list of the best dividend aristocrat stocks of the future with a 22-year streak of dividend growth. The company currently pays a quarterly dividend of $0.70 per share for a dividend yield of 3.92%, as of June 21.

As per Insider Monkey’s database for Q1 2023, 25 hedge funds owned stakes in The Southern Company (NYSE:SO), worth collectively over $440 million.

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