Dividend Machine for week of June 11, 2012 Southern Company (SO)
Utilities, which are the mother’s milk of income investments, have not shown up too often on my dividend machine screens and I think that is because the dividend investment strategy is a crowded one right now. Everybody who invests for income is hungry for yield and they have driven up the cost of income instruments. Bonds are the most expensive but dividend stock prices have also been affected by this trade.