What is SO's current dividend yield?

Southern Co (SO) has a dividend yield of 3.28%, paying $3.04 per share annually.

How often does SO pay dividends?

Southern Co typically pays dividends on a quarterly basis. The annual dividend totals $3.04 per share.

When is SO's next ex-dividend date?

The most recent ex-dividend date for Southern Co was August 17, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.

What is SO's dividend growth rate?

Southern Co has a 5-year dividend compound annual growth rate (CAGR) of 2.8%. The 10-year CAGR is 3.0%.

Is SO a Dividend Aristocrat?

Southern Co is classified as a Dividend Aristocrat. 25 consecutive years of dividend increases — qualifying as a Dividend Aristocrat (25+ years).

What is SO's payout ratio?

Southern Co has a payout ratio of 72%, meaning it distributes 72% of its earnings as dividends. This is a moderate level.

Southern Co (SO) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for SO.

Southern Co (SO) pays a solid 3.28% dividend yield, or $3.04 per share annually at a stock price of $92.80. 25 consecutive years of dividend increases — qualifying as a Dividend Aristocrat (25+ years). The payout ratio of 72% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.4x. Dividend growth is accelerating — the 3-year CAGR of 13.1% exceeds the 5-year rate of 2.8% and the 10-year rate of 3.0%. The most recent ex-dividend date was August 17, 2026.

Dividend Overview

Southern Co (SO) pays a solid 3.28% dividend yield, or $3.04 per share annually at a stock price of $92.80. SO has increased its dividend for 25 consecutive years.

Dividend Aristocrat

Dividend Yield

3.28%

Annual Dividend

$3.04

Share Price

$92.80

Ex-Dividend Date

Aug 17, 2026

Consecutive Years

25 yrs

Sector

Utilities

Dividend Safety

ModerateDividend Aristocrat (25 yrs)

The payout ratio of 72% is moderate. The dividend is currently covered by earnings but leaves less room for growth.

Payout Ratio72%

0%60%80%100%

DRIP Projection

$10,000 invested in SO with dividends reinvested would grow to approximately $14,402 after 10 years, generating roughly $620/year in dividend income. This projection assumes the current 3.28% yield and a 2.8% annual dividend growth rate with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$10,328	$348	+3%
Year 5	$11,855	$445	+19%
Year 10	$14,402	$620	+44%
Year 15	$17,991	$888	+80%
Year 20	$23,199	$1,313	+132%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.