SOJD Dividend Calculator
Southern Company (The) Series 2 yields 6.84%, comfortably above the 2.91% median across US dividend payers. That puts SOJD in the range where the income is the main reason to hold it, and where the durability of the payment does most of the work in any long-run figure.
SOJD paid $1.24 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
SOJD
Southern Company (The) Series 2
6.84%
yield
Dividend income
$10,000 in SOJD pays you
$683.75
per year
- Paid each quarter
- $170.94
- Monthly average
- $56.98
- Shares bought
- 552.49
- Payments a year
- 4
Total over 10 years, taken as cash
$6,837.46
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
SOJD dividend income by investment amount
Based on the current yield of 6.84%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $68.37 | $17.09 | $5.70 |
| $5,000 | $341.87 | $85.47 | $28.49 |
| $10,000 | $683.75 | $170.94 | $56.98 |
| $25,000 | $1,709.36 | $427.34 | $142.45 |
| $50,000 | $3,418.73 | $854.68 | $284.89 |
| $100,000 | $6,837.46 | $1,709.36 | $569.79 |
SOJD with dividends reinvested
$10,000 in SOJD, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $19,699
- After 20 years
- $38,804
- After 30 years
- $76,439
$16,837 taking the income as cash
$23,675 taking the income as cash
$30,512 taking the income as cash
What makes up SOJD's 6.84% yield
SOJD paid $1.24 per share over the last twelve months against a share price of $18.10, which is where the 6.84% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
Yields at this level usually have a structural explanation rather than a mispricing: the company is organised to distribute income rather than retain it. Worth checking how SOJD's current yield compares with its own history, since a sharp recent rise more often reflects a falling price than a raised payment.
Utility revenue is largely set by regulators rather than by competition, which makes the cash behind the dividend unusually predictable. The same regulation caps how fast it can grow, so payments here tend to rise slowly and steadily rather than in steps.
When SOJD pays, and what that changes
SOJD pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. SOJD's full schedule and payment history are on its dividend page.
Is SOJD's dividend covered by earnings?
SOJD's payout ratio of 0.67 means about 67% of earnings are committed to the dividend. That is within earnings but a narrower margin than the sub-0.60 range generally considered comfortable, so a weaker year absorbs more of the cover.
Earnings in a regulated business are unusually steady, which makes this ratio more informative than the same figure struck on cyclical profits — there is less risk that it simply reflects a good year. The corresponding limit is that regulated returns are capped, so the retained portion funds slower growth than an unconstrained business could deliver.
The figures hold the dividend flat, and that assumption carries more weight for SOJD than it would for a lower-yielding holding. There is no established record of consecutive annual increases here, and at this yield a modest reduction in the payment changes the ten-year figure substantially.
SOJD dividend calculator FAQ
- How much does $10,000 in SOJD pay in dividends?
- At SOJD's current yield of 6.84%, $10,000 pays about $683.75 a year — roughly $170.94 per payment, paid quarterly, or $56.98 a month averaged out.
- What would SOJD be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in SOJD would grow to about $19,699 after 10 years, against $16,837 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does SOJD pay dividends?
- SOJD pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is SOJD's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check SOJD's full payment history before relying on any of it.
- Why is SOJD's dividend yield so high?
- SOJD yields 6.84% against a 2.91% median across US dividend payers. A yield is a ratio, so it rises either because the payment went up or because the share price came down — and the figure alone does not say which. Yields this far above the market among ordinary operating companies are unusual and often reflect what the market expects rather than what has been announced.
More on SOJD
Southern Company (The) Series 2 is a common stock trading at $18.10 per share, paying quarterly. — All figures before tax. Not financial advice.